Chinese automobiles sales in Jun’24 decreased by 2.7% y-o-y to 2.552 million units, as per data from the China Association of Automobile Manufacturers (CAAM). However, sales rose by 5.6% m-o-m as against 2.417 million units in May. Meanwhile, auto production and sales in Jan-Jun’24 increased by 4.9% and 6.1% y-o-y to 13.891 and 14.047 million units, respectively.
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