China’s automobiles sales in April’24 increased by 9.3% y-o-y to 2.359 million units as per data from the China Association of Automobile Manufacturers (CAAM). However, the same fell by 12.5% m-o-m against in 2.69 million units in Mar’24, respectively. Meanwhile, auto production and sales for Jan-April’24 went up by 7.9% and 10.2% y-o-y to 9.012 and 9.079 million units.
