Tag: China CRC
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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…