SHANGHAI, Mar 9 (SMM) – China's car sales are expected to be flat in 2018 due to sluggish demand, according to the China Automobile Dealers Association (CADA).
Inventory pressure in China's automobile market eased in February, as the vehicle inventory alert (VIA) index came in at 52.3, showed data from CADA.
The February VIA index fell 14.9 month on month, but remained above 50. Any value over 50 indicates that inventory levels are too high.
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