Passenger vehicle sales continue to decline in May
By Li Fangfang | China Daily | Updated: 2010-06-08 07:51
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A salesman at a dealership in Nanjing, Jiangsu province. Brisk sales and insufficient supply last year made nearly all of China's automakers expand their capacities at the beginning of this year. An Xin / China Daily |
BEIJING - China's monthly passenger vehicle sales continued to decline in May, bringing the risk of a glut to vehicle producers after they aggressively expanded production capacity in response to last year's unexpected market boom.
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