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Europe Daily Bulletin No. 11322

28 May 2015
Contents Publication in full By article 21 / 21
BUSINESS NEWS NO 148 / (ae) automobile

Overcapacity threatens Chinese market. - The China Association of Automobile Manufacturers (CAAM) has indicated that sales of cars and commercial vehicles fell by 0.5% in April. With a 3.7% increase in sales of private passenger cars (excluding vans), growth rates are at their lowest level for two years. Car exports from China have fallen by 17% since the beginning of the year. (Isabelle Lamberty)