China Car Sales Take Foot off the Gas – Wall Street Journal

Posted: Thursday, November 10, 2016

SHANGHAI—China’s new car deliveries rose 20% in October compared with the same month a year earlier, the slowest pace of growth in four months as a rush by consumers to tap a tax break on vehicle purchases appeared to be leveling off.

Foreign and domestic car makers delivered 2.34 million passenger cars—including sedans, crossovers and minivans—to dealers last month, the government-backed China Association of Automobile…

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