China's car sales seen falling below 19 million units for first time since 2014
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5 Articles
China's car sales seen falling below 19 million units for first time since 2014
China's domestic passenger vehicle sales are projected to fall below 19 million units this year, for the first time since 2014, a Chinese auto association said on Wednesday, highlighting weakening demand in the world's largest auto market.
The China Association of Automobile Manufacturers (CAAM) predicted on November 11 that domestic sales of passenger vehicles in mainland China this year may fall below 19 million units. Deputy Secretary-General Chen Shihua stated that the overall outlook for the automobile market for the year is "not very optimistic."
The sale of cars in China's domestic market in 2026 could fall below 19 million units for the first time since 2014, reporting to the "Sina" portal with... . . . . . 11.11.2026, PRIM
Milan, 11 Nov. (askanews) - China's automotive market is starting to close 2026 with domestic sales of cars at the lowest levels since 2014, while exports continue to grow at a sustained pace and could for the first time exceed 11 million vehicles. This is what emerges from the new forecasts of [...]
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