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Luxury Auto Market Growth in China Down 8.34% in the First Quarter


During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the same period last year. The government’s struggle to fight corruption and the slowing economy were the main factors for which luxury car market growth in China has dropped dramatically in the first quarter. BMW, the world’s leading luxury automaker, sold 118,200 ...
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