China’s Automobile Production And Sales Both Increased in May
- Jun 26, 2023, at 1:48 pm
According to the China Association of Automobile Manufacturers (CAAM), China’s automobile production and sales in May were 2.33 million units and 2.38 million units respectively, up 9.4% and 10.3% month-on-month, and up 21.1% and 27.9% year-on-year. Total output and sales in the first five months of the year were 10.687 million and 10.617 million vehicles respectively, both up 11.1% year-on-year.