China vehicle production and sales volumes increase 21.1% and 27.9% in May, respectively

On June 9, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for May 2023 in China.
In May 2023, China’s vehicle production and sales volumes both increased year-over-year (y/y). This is mainly due to the contribution of the joint issuance of the “Announcement on ....

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