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11 Nov
08:00

Chinese auto production grows in October

Thanks to slightly improved supply of automotive-grade chips compared with the third quarter, Chinese automobile production and sales increased, according to data from the China Association of Automobile Manufacturers (CAAM). Monthly production rose 12.2% month-on-month to 2.33 million units, while year-on-year growth slowed from the 17.9% registered in September to 8.8%. However, 20.59m units of production over ten months still touched the lowest y-o-y …
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