Car sales growing at the slowest pace in 5 months
Automakers react with discounts, as price war looms
Passenger vehicle sales in China rose at the slowest pace in five months as weaker economic expansion hurt demand for big-ticket purchases.
Retail deliveries of cars, multipurpose and sport utility vehicles climbed 6.2 percent to 1.61 million units in April, the China Passenger Car Association said on its website on Friday, the slowest pace of growth since November.
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