BEIJING — China's automobile sales were 19.8% lower in February than in February 1999, marking the lowest sales drop in three years. Sales of the popular Charade, Alto and Santana cars dropped from 10% to as much as 50%. Several factors are to blame. Car sales hit a serious snag beginning last year as cities began imposing stricter emissions standards on new vehicles. China's impending accession to the World Trade Organization and rumors about upcoming price cuts also have cooled the car ...
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