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15 Aug
07:51

China’s July auto production remains strong

After Chinese automakers ramped up production after recovering from lockdowns and tried to achieve half-year production and sales targets in June, July production fell from June despite growth year-on-year, Kallanish notes. July output of Chinese automobiles fell 1.8% from June but rose 31.5% from a year earlier to 2.455 million units, the quickest monthly growth so far in 2022, according to data from the China Association of Automotive Manufacturers (CAAM). Sev…
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