China vehicle production and sales increase 6.3% and 8.6% respectively in April

On May 12, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of April, 2021.
In April 2021, production and sales both reflected dramatically lower year-over-year (y/y) increate rates compared to the double-digit increase rates in March. The reason i....

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