China’s vehicle production and sales volumes increase 29.2% and 23.5% y/y in December, respectively

On January 11, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for December 2023 and the whole of 2023.
In 2023, China’s auto production and sales volumes hit new record highs, with two-digit growth year-over-year (y/y). Decent growth in the passenger ve....

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