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Global Business News

The Economic Times

Global Business / The Economic Times

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China car sales slump for ninth straight month, exports stay strong

China's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focusing on export markets to offset these local sales slumps. Consumers with higher purchasing power are upgrading to new premium vehicles with advanced features. This trend benefits emerging Chinese brands while traditional German marques face challenges.

9 Jul 2026 12:25 am