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12 Aug
15:46

Chinese auto production declines further in July

Chinese automobile output declined further to 1.86 million units in July, representing a decrease of 4.1% on both month-on-month and year-on-year, according to data from the China Association of Automobile Manufactures (CAAM). Kallanish meanwhile learns that total production in the January-July period was pushed to 14.44m units, an increase of 17.2% y-o-y. New energy vehicles set a new monthly record high at 284,000 units, thus, its cumulative production stoo…
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