China 2016 auto sales surge at fastest in three years Shanghai (AFP) Jan 12, 2017 - Auto sales in China, the world's biggest car market, surged at their fastest in three years in 2016, an industry group showed Thursday, jumping nearly 14 percent after authorities slashed a purchase tax. The world's second-largest economy is crucial to global auto manufacturers, but the market took a hit from slowing economic growth in 2015. However a total of 28.03 million cars were sol ... more

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