14
Aug
01:00
Chinese auto output strong despite fall
Chinese motor vehicle output dipped slightly in June but continued to show strong year-on-year growth, China Association of Automobile Manufacturers (CAAM) data show. Passenger vehicles remain the key growth driver with commercial vehicle output continuing to decline, Kallanish notes.
Total motor vehicle output was down 7.3% month-on-month in July to 1.72 million units, of which 1.42m units were passenger cars, CAAM says. Manufacturers typically produce less…
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Anonymous
Very good overview of the weekly steel market.
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