Financial Times FT.com

Concern grows over slowdown in China car market

By Patti Waldmeir in Shanghai

Published: September 7 2008 17:10 | Last updated: September 7 2008 17:10

Growth in the Chinese motor market has slowed more rapidly than expected in recent months – and August car sales may have fallen by as much as 10 per cent year-on-year, according to preliminary data.

Signs of a worse-than-expected slowdown in the Chinese car market come at a time when General Motors and other troubled car-makers are counting on growth in China to cushion the effect of problems in the US market.

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