Tag: China CRC

  • China: Automobile production drops 18% y-o-y in Sept’21

    China: Automobile production drops 18% y-o-y in Sept’21

    Automobile production in China dropped by 18% y-o-y in Sept’21. Last month, Chinese automakers produced about 2.077 million units of vehicles, according to latest data released by the China Association of Automobile Manufacturers (CAAM). Persistent global semi-conductor (chip) supply shortage resulted in a decline in auto production and its sales. The yearly decline in automobile…