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10 Jul
09:16

Chinese auto production growth continues to slow

China's automobile production in June finally rebounded month-on-month after two consecutive months of decline, but it fell on a year-on-year basis and further dragged down the growth rate of production since the beginning of the year, according to a monthly report of the China Association of Automotive Manufacturers (CAAM). June standalone production rebounded 5.7% on-month to 2.51 million vehicles, Kallanish notes. However, the figure was down 2.1% y-o-y. It…
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