China 2013 Auto Sales May Reach 20 Million, CAAM Official Says

China 2013 Auto Sales May Reach 20 Million, CAAM Official Says

ChinaFotoPress via Getty Images

Cars move slowly on an overpass in Shanghai, China. While China’s auto industry will continue to expand to a record this year, the projected pace of growth has slowed to about a quarter of the average pace in the past 14 years.