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These Two Charts Explain China's Car Sales

China’s car makers started off the year on the right foot, but now things have gotten wobbly. Sales have been in decline month over month in the world’s leading auto market.

Passenger-car sales fell for the second month in a row in July, down by around 7%. This doesn’t come as a surprise to the major automakers there, though. Most of them said that first quarter sales figures were unsustainable. While sales are still up on a...