China’s Sputtering Car Sales Could Stall European Auto Rally – WSJ – Wall Street Journal

Posted: Tuesday, July 14, 2015

European auto stocks may be running out of fuel in China.

China in June recorded a 3.4% monthly year-on-year drop in new-car sales, its first decline in more than two years. More worrying, the China Association of Automobile Manufacturers also cut its growth forecast to 3% from 7% for this year.

That is bad news for European car makers,…

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