China Car Sales Regain Growth After Three-Month Slump – Wall Street Journal

Posted: Tuesday, October 13, 2015

SHANGHAI—China’s car market managed a mild recovery from a three-month decline as the stock market steadied in September.

Industry watchers expect a recently announced tax break on small-car purchases to boost sales in the coming months, but add that manufacturers and dealers are still under pressure from falling prices.

Sales of passenger cars in September were up 3.3% from a year earlier, to 1.75 million vehicles, the…

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