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18 Feb
10:09

Chinese auto production stabilises in January

Despite a slight decline month-on-month due to the traditional peak in December, China's January automobile production increased slowly compared to a year earlier, according to data from the China Association of Automobile Manufacturers (CAAM). January output stood at 2.42 million units, down 16.7% month-on-month but up 1.4% year-on-year, Kallanish notes. Although the Lunar New Year holiday occurred earlier in 2022 than in 2021, January output was still e…
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