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China EV slump: Skyworth Auto sells 660 vehicles
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- Skyworth Auto sold only 660 vehicles in China through September 2026.
- The company's main EV plant was built to produce 100,000 cars annually.
- Chinese passenger vehicle purchases fell 22% year-over-year through September.
- An industry group head projected full-year Chinese car sales at 18.5 million, the lowest since 2014.
- GM CEO Mary Barra said many rivals must sort out viability for long-term success in China.
