Tag: China: Automobile sales fall by 35% m-o-m in Jan’23

China’s automobile sales declined by 35% on both m-o-m and y-o-y basis to 1.64 million units in Jan’23, as per the China Association of Automobile Manufacturers. Auto production fell by 33% m-o-m to 1.59 million units in the month. On a y-o-y basis, output was down by 34%.