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China auto sales will stagnate for two years, firm predicts

2015-09-05 00:18:31| Auto Dealers - Topix.net

Investment research firm Morningstar is forecasting the Chinese auto industry will stagnate for the next two years before returning to growth. In a Thursday report on European automakers, Morningstar predicted new-vehicle sales in China will fall this year and again in 2016, as a result of the country's economic turmoil and declines in its stock market.

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Category:Automotive

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