Between January and October of this year, China's production and sales of motor vehicles totaled 27.692 million units and 27.687 million units, an increase of 13.2 percent and 12.4 percent year-on-year, respectively, 0.1 percentage points and 0.5 percentage points slower than the growth recorded in the first nine months. according to the Chinese Association of Automobile Manufacturers (CAAM).
In October of this year, China's production and sales of motor vehicles totaled 3.359 million units and 3.322 million units, up 12.1 percent and 8.8 percent year-on-year, while increasing 2.5 percent and 3.0 percent month-on-month, respectively.
In the first ten months, China's car exports totaled 5.616 million units, an increase of 15.7 percent. year-on-year, while in October alone, China's car exports totaled 666,000 units, up 22.9 percent year-on-year and 2.1 percent month-on-month.
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