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Despite subsidies: What ails the Chinese car market

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Published: July 9th, 2024,
Last updated: May 28th, 2025

Car sales in China have continued to fall despite government incentives. According to the China Passenger Car Association (CPCA) on Monday, sales fell by 6.9 percent year-on-year to 1.78 million vehicles. This is the third consecutive month of shrinking car sales in China.

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