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12 May
07:24

Chinese auto production goes down again in April

After a robust March, China’s automobile production weakened again in April. Falling consumption has weighed on manufacturers’ sentiment and the outlook for the rest of the year, Kallanish learns. China’s total auto production amounted to 2.13 million units in the given month, slumping by 18.5% on-month, according to the China Association of Automotive Manufacturers (CAAM). But the figure was still 76.8% higher year-on-year due to a low base…
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