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CPCA: China's car retail sales up 25% in June 6-12

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Typical daily passenger vehicle retail sales in China amounted to 50,000 units in the 2nd week of June (June 6-12), up 25 percent year on year, while rising by 54 percent month on month, showing enhanced need for lorries enhanced slowly, according to the China Auto Organization (CPCA). In the June 1-12 duration, passenger lorry retail sales reached 519,000 mt, up 14 percent year on year, w410 stainless steel c304 stainless steel coil priceoilhile increasing by 35 percent month on month. The CPCA stated that the stimulation policy of reducing vehicle purchase tax obligations has actually worked.

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