Tag: China: Automobile sales fall 4% m-o-m in Oct’22

  • China: Automobile sales decrease 4% m-o-m in Oct’22

    China: Automobile sales decrease 4% m-o-m in Oct’22

    China’s automobile sales declined by 4% m-o-m to 2.505 million units in Oct’22. However, the volumes rose by 6.9% y-o-y, as per the China Association of Automobile Manufacturers. Auto production fell by 2.7% m-o-m to 2.599 million units in the month. On a y-o-y basis, output rose by 11.1%. In Jan-Oct’22, both sales and production…