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08 Feb
06:43

China’s auto production surges in January

China’s automotive production and sales surged in January on a year-on-year basis, despite a seasonal decrease from a robust December, according to China Association of Automotive Manufacturers (CAAM) data. January production of Chinese vehicles reached 2.41 million units, slumping 21.7% from December but surging 51.2% y-o-y, Kallanish notes. The low base last year was due to operation suspensions during the Chinese New Year holidays, while this year’…
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