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China’s Car Sales Aren’t Just Falling Anymore, They’re Crumbling

Mark O'Hara
China’s Car Sales Aren’t Just Falling Anymore, They’re Crumbling

Car sales in China, the world’s biggest automotive market, fell year-over-year in 2018 for the first time in more than two decades. Automotive sales have contracted in China for 11 consecutive months now. The slowdown only seems to be deepening, and last month, China’s car sales fell a whopping 16.4%.