Chinese Auto Market Still Sour, Dealers Discount Old Stock

Automotive retail sales in China rose slightly last month, representing the first uptick in volume over the last year, according to Bloomberg. But those gains were the result of a nationwide fire sale of backed-up inventory that dealers were tired of seeing clutter up their lots. Officially, the China Association of Automobile Manufacturers (CAAM) says […]
The post Chinese Auto Market Still Sour, Dealers Discount Old Stock appeared first on The Truth About Cars.

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