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Business trends

China's car brands suffer most as auto sales slump

Annual tally looks certain to mark first decline in 28 years

Dongfeng Motor's sales of its own brands dropped 17% in the January-October period. (Photo by Shunsuke Tabeta)

BEIJING -- Car sales in China continued to decline in November, placing them on course to mark their first annual decline in 28 years as homegrown brands from state-owned manufacturers struggle to compete with foreign rivals. 

New-auto sales dropped 13.9% on the year to 2,547,800 units in November, falling for five months in a row, the China Association of Automobile Manufacturers said Tuesday. Cumulative sales from January are down 1.7% on the year.

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