Chinese new-vehicle sales grew only 2.9% in the year’s first half to 9.6 million units, with domestic brands bearing the brunt of the slowdown. The government news agency Xinhua reports data from the China Association of Automobile Manufacturers showing the latest results compare unfavorably with a 3.4% year-ago gain and a 48% spike in first-half 2010. First-half sales by Chinese auto makers fell 2.0% to 3.15 million units, trimming three percentage points off their share of the ...
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