Auto Sales: The Third Monthly Decline in China

It is the third monthly decline in auto sales this year in November. Chinese analysts are forecasting that annual growth in auto sales will decrease to a single digit for the first time in recent years.

According to the China Association of Automobile Manufacturers reported that passenger car sales came to 522,800 units in November, down 10.28 percent from a year earlier and the sedan sales slipped 10.94 percent year-on-year to 389,600 units.

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