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China Daily | Updated: 2013-03-11 05:56
Report: 'Largest luxury market'
China will surpass the US as the world's largest luxury car market in 2016 with projected sales of 2.25 million units, according to a report released by consulting firm Mckinsey on March 4. China's premium auto segment grew on average by 36 percent each year over the past decade. The rate is projected to be 12 percent in the years to 2020.
Focus fuels Ford February figures
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