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09 Mar
12:41

Chinese automobile output falls in January

Chinese automotive production was 2.39 million units in January, down 15.92% month-on-month but up 34.6% year-on-year, according to data from the China Association of Automobile Manufacturers (CAAM). Passenger car and commercial vehicle output was 1.91m units and 478,000 units respectively, up 32.4% and 44.3% y-o-y. New energy vehicle production surged 290% y-o-y to 194,000 units. Due to the strong performance of commercial vehicles, Chinese automotive steel deman…
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