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Chinese consumers in no hurry to buy as cars keep getting cheaper

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General Motors reported on Aug 6 that deliveries fell in China for a third time in the past four months, down 4% to 229,175 vehicles.

Beijing

BILL Shen wants to upgrade his eight-year-old Citroen to something fancier, maybe an Audi or a BMW. But the Shanghai resident is in no hurry. Cars keep getting cheaper.

Facing the slowest growth in new car sales in four years, dealerships in China have chipped away at

sentifi.com

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