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MAS@Shanghai 0713 recap: incentive policy “stole” 2.5-3 million vehicles from 2017

SHANGHAI – The incentive policy “stole” 2.5-3 million units in passenger vehicle sales from 2017, worth about one month of sales, into 2016, according to John Zeng, director of Asia Pacific Forecasting at LMC Automotive, citing passenger vehicle registration data. Zeng shared the interesting observation at CBU/CAR’s Monthly Automotive Salon

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