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China's auto market survives 2020 with just 2% dent

Japanese automakers among biggest winners, with Honda logging record sales

The Auto China 2020 show in September: Monthly Chinese vehicles sales were up for most of the year.   © Reuters

BEIJING/GUANGZHOU -- The Chinese automobile market shrank by only 1.9% last year, with economic stimulus softening the blow of the coronavirus, according to industry estimates released Wednesday.

About 25.3 million new vehicles were sold in 2020 in the world's largest auto market, led by trucks, according to preliminary numbers from the China Association of Automobile Manufacturers.

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