Factors to watch on April 16 | Reuters

April 16, 2015 5:08 AM

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European new passenger car registrations for March due from ACEA at 0600 GMT.

Chinese car dealers are pressing BMW to set more realistic sales targets, lower wholesale prices and extend grace periods for payment to tide them over as they grapple with high inventories amid weakening demand, the Wall Street Journal reports, citing a letter sent by the dealers to BMW.

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