, Columnist
Chinese Carmakers Run Out of Road
There are already 15 cities with worse congestion than New York
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Booming Chinese car sales look to have hit a speed hump.
The period of exponential growth is over, according to executives at last week's Guangzhou Auto Show. Slower growth rates are a ``new normal'' for the country, according to IHS Automotive. Vehicle sales will expand at a 3 percent pace this year, compared with a 36 percent average over the previous decade.