After growing for decades, China’s auto market has been shrinking since July 2018
BEIJING—Auto sales in China were down 8.2% in 2019 from a year earlier, a second consecutive drop in the world’s largest auto market, once a reliable source of growth and profit.
A total of 25.8 million vehicles were sold last year, said the state-backed China Association of Automobile Manufacturers Monday. Sales in 2018 were off 2.8%.
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