Sep
12th
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Geely, GM, Ford, PSA and others are suffering big double-digit declines in a Chinese market which dipped by seven per cent at a wholesales level last month. Conversely, there are winners within the ranks of other major OEMS, such as VW, Honda, Nissan and Toyota, not to mention Mercedes which even made the top ten in August. But what of the state owned local giant, SAIC? Well, all divisions are reaping the rewards of substantial investments in ever more new models, especially Maxus.