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China - Flash report, Automotive production volume, 2024

y/y, respectivelyOn November 11, the China Association of Automobile Manufacturers (CAAM) announced China’s vehicle production and sales results for October 2024.In October, with China’s automobile trade-in policies having a positive effect on automobile consumption, regional motor shows and price-off promotions in full swing, and automakers launching a large number of new models, China’s vehicle sales grew both year-over-year (y/y) and mo...

Automotive Production Data Updated at: 2025/02/17

China - Flash report, Automotive production volume, 2023

s results for June 2023.In June 2023, China’s vehicle production and sales volumes both increased year-over-year (y/y), resulting in large increase for the first half of the year. This is mainly because demand in China’s auto market, where there was the impact of a promotion policy switch and price fluctuations in Q1, is gradually recovering due to the joint stimulation of central and regional consumption promotion policies, regional automoti...

Automotive Production Data Updated at: 2024/02/07

China - Flash report, Automotive production volume, 2022

sumer market, consumers’ demand for purchasing vehicles cooled down, bringing heavy pressure to the stable operation of the auto market. The CAAM believes that China’s auto industry is in a critical period of transformation and upgrade, and suggests that purchase tax incentives for conventional ICE vehicles and local consumption boosting policies be renewed in 2023 to promote industrial development.Overall vehicle production and sales in Nove...

Automotive Production Data Updated at: 2023/02/10