China Car Industry Numbers Drop 7.5% in 2019 As Car Bubble Pops but Luxury Brands Like Tesla and Lamborghini Still Strong.
This marks the 18th drop in the past 19 months for the country, which feels to be single-handedly spearheading a global recession in the industry. For the full year,car sales in China declined 7.5%, marking the second straight annual decline.
#Chinesecar #GlobalRecession #CarBubble
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