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10 Nov
10:12

China’s October auto production slips amid Covid outbreaks

Due to the restrictions triggered by Covid-19 outbreaks across the country, China’s October automotive production and sales slipped a little from the September peak but remained the second highest of the year, Kallanish notes. Monthly vehicle production was 2.599 million units, falling 2.7% month-on-month but rising 11.1% year-on-year, according to the China Association of Automotive Manufacturers (CAAM). This took ten-month output to 22.242m units, 7.9% hig…
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