Sales Slump in China China's Auto Crisis Is Increasing Pressure on Suppliers
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China's passenger car sales plummeted by 28 percent in September. Manufacturers are passing the pressure on to their suppliers—with consequences for quality, jobs, and bankruptcies.
This year, China's automakers did not experience a "golden September." Normally, this marks the start of the most important sales season of the fall, followed by "silver October."
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