CAAM estimates 11.7 percent rise in China’s auto sales in May

CAAM estimates 11.7 percent rise in China’s auto sales in May

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Automotive vehicle sales are expected to amount to 2.136 million units in May, up 3.2 percent month on month, while up 11.7 percent year on year, according to the China Association of Automobile Manufacturers (CAAM).

In the January-May period of the year, automotive vehicle sales are expected to reach 7.896 million units, down 23.1 percent year on year. 

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