China Passenger Vehicle Retail Sales Expected to Surge 70.2%…

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BEIJING, January 18 (TMTPost)-- China’s auto market is expected to have a good start of the year 2024.Credit：Visual ChinaThe retail sales of passenger vehicles will surge 70.2% year-over-year (YoY) to around 2.2 million units in January due to the base effect, according to preliminary estimates of the China Passenger Car Association (CPCA) released on Thursday. The sales plunged 37.9% YoY to 1.293 mi