Global vehicle sales totaled 95.80 million in 2018, slipping 0.3% below 2018’s record 96.08 million. Sales in China fell 2.8% to 28.08 million, the first annual decline in the world’s largest market since the 1990s. The slowdown began in June with an overall weakening economy, and many potential buyers waited expectantly for the government to step in with new incentives to boost the industry. Sales in the first half of the year were up 5.5% but fell each month thereafter, ending ...

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