BEIJING — China's domestic auto manufacturers report production of 48,900 cars in June, registering a 2.6% drop from the same period last year. Total output for the year's first half, however, is up 5.7% over the previous year, to 271,300 units. June's drop marks the second monthly year-on-year fall since March, something analysts attribute to a short-lived production surge, resulting in oversupply at the beginning of the year. Industry observers expect the decline to continue on a ...
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