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China - Flash report, Automotive production volume, 2022
e purchase tax incentives had a continuous impact. Passenger vehicle sales had already returned to normal levels, presenting a trend of rapid growth. The commercial vehicle market wasn’t recovering as fast as expected. Nonetheless, China’s Ministry of Transport recently introduced a further 10% reduction in truck tolls (from 00:00 on October 1, 2022 to 24:00 on December 31, 2022), which had a positive effect on the development of road logisti...
Automotive Production Data Updated at: 2025/06/04