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11 Apr
13:33

Covid restrictions lash China's March auto production

Restrictions due to outbreaks of Covid across the country in March have lashed Chinese automotive production, although the monthly figure rebounded from February's low, Kallanish notes. March output rose 23.4% month-on-month to 2.24 million units, but was still down 9.1% year-on-year, according to data from the China Association of Automotive Manufacturers (CAAM). This took year-to-date output to 6.48m units, up only 2% y-o-y, slower growth than registere…
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