Tag: China: Automobile sales rise by 10% m-o-m in Dec’22

  • China: Automobile sales rise by 10% m-o-m in Dec’22

    China: Automobile sales rise by 10% m-o-m in Dec’22

    China’s automobile sales rose by 9.7% m-o-m and 8.4% y-o-y to 2.55 million units in Dec’22, as per the China Association of Automobile Manufacturers. Auto production fell by 0.3% m-o-m to 2.38 million units in the month. On a y-o-y basis, output rose by 18.2%. In CY22, both sales and production increased by 2.1% and…