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China's Car Sales Slump As Gasoline Demand Craters
Bull/Bear Index 45.5/100 →
macro BEAR 80/10 ZeroHedge · 2h ago

China's Car Sales Slump As Gasoline Demand Craters

Chinese car sales in China fell by 21.5% in April, driven by lower demand for gasoline-powered vehicles amid higher fuel prices. EV demand failed to offset the drop in internal combustion engine vehicle sales, as well.

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