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Nikkei Markets

Slowdown bites China's auto industry as inventories pile up

Analysts see more downside for car sales this year after a pullback in 2018

Geely, which earlier this month gave a weaker-than-expected sales forecast for this year, is expected to be among those hurt by high stocks at dealerships.   © Reuters

HONG KONG  (Nikkei Markets)-- Shares of Geely Automobile Holdings and Great Wall Motor slumped to lead a broad decline for Chinese automakers on Tuesday as piling inventory levels and a slowing domestic economy clouded the outlook for demand in the world's largest car market.

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