Automotive industry's future lies in cooperation with China: institute


By Shan WeiyiRao Bo

FRANKFURT, Dec. 16 (Xinhua) -- The global passenger car market is expected to reach a new high in 2025, and its future will increasingly depend on cooperation with China, a German automotive research report said Monday.

According to the forecast by the Center for Automotive Research (CAR), global passenger car sales are projected to hit 81.3 million units in 2025, the highest level in eight years. China continues to play a pivotal role in both production and demand.

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