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Rising pump prices add fuel to vehicle market downturn

By Han Tianyang | China Daily | Updated: 2012-03-26 08:06

Rising pump prices add fuel to vehicle market downturn

A trucker stocking up on fuel on March 19, before the latest price increase took effect. Hu Lingxiang / for China Daily

Rising pump prices add fuel to vehicle market downturn

In addition to a slowing economy, the latest fuel price hike will add more downward pressure on the car market this year, according to industry analysts.

Rising pump prices add fuel to vehicle market downturn

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