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Bump ahead for luxury carmaker stocks

2015-07-21 07:39:41| Auto Dealers - Topix.net

Geely, which makes inexpensive, compact cars, has seen its share price rise more than 20 per cent in the past year. Photo: Reuters A dip in demand for high-end luxury vehicles following the recent mainland market rout is prompting analysts to cut estimates for the earnings and profitability of domestic carmakers.

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