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China: Passenger vehicle growth rate slows to 23.2%

The passenger vehicle segment in China dropped to its lowest year-on-year sales growth rate in 13 months, at +23.2%, recording sales of one million cars, SUVs, minivans and MPVs in May. Month-on-month, sales were down 5.9% compared with April 2010, China Daily said, citing details released by the China Passenger Car It’s time to log … Continued

The passenger vehicle segment in China dropped to its lowest year-on-year sales growth rate in 13 months, at +23.2%, recording sales of one million cars, SUVs, minivans and MPVs in May.

Month-on-month, sales were down 5.9% compared with April 2010, China Daily said, citing details released by the China Passenger Car

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