China Vehicle Sales Hit Record But Industry Can’t Make A Profit

China's auto market is set to become the largest in the world over time, but its growth is set to slow considerably in the years ahead.

According to a recent survey from McKinsey, from 2010 to 2015, vehicle sales in China increased by more than 12% a year. Looking out to 2020, the consultants project that the vehicle market will grow by an average . . .

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