New vehicle sales growth in China slows in May

Following a year-on-year sales growth rate of 13.4% in April 2013, last month saw automotive sales growth in China slow to 9.8% compared with May 2012. This slowdown in growth rate has been attributed to sluggish economic growth in China. The China Association of Automobile Manufacturers (CAAM) has predicted sales Subscribe to Automotive World to … Continued

Following a year-on-year sales growth rate of 13.4% in April 2013, last month saw automotive sales growth in China slow to 9.8% compared with May 2012. This slowdown in growth rate has been attributed to sluggish economic growth in China. The China Association of Automobile Manufacturers (CAAM) has predicted sales

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