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Automobiles

Chip crunch catches up with China auto sales for double-digit drop

Shortage leaves automakers slow to churn out popular SUVs and electric cars

The 2021 Auto Shanghai show: Chinese new-auto sales fell for a second straight month in June.   © Reuters
TAKASHI KAWAKAMI and SHUNSUKE TABETA, Nikkei staff writers | China

GUANGZHOU/SHANGHAI -- A large red banner at a Nissan Motor dealership in Guangzhou urges visitors to buy soon, but not for the typical reasons.

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