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China Passenger Car Sales Fall but Not Every Automaker Feeling the Pain

2015-08-14 01:42:00| Auto Dealers - Topix.net

NEW YORK -- The slowdown in China's economy and stock market with the resulting devaluation of the nation's currency are making life difficult for global automakers Volkswagen AG Passenger-car sales fell 6.6% in July , the second straight month of decline. Earlier in the year most automakers had been predicting a softening in the red-hot rate of sales growth.

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