CAAM: China's auto sales up by 24% MOM in Mar
2023-04-12 11:31:19 [Print]
On April 11, data from China Association of Automobile Manufacturers (CAAM) showed that in March, China's auto production and sales completed 2.584 million units and 2.451 million units, respectively, with a month-on-month increase of 27.2% and 24%, and a year-on-year increase of 15.3% and 9.7%, respectively. From January to March, China's auto production and sales recorded 6.21 million units and 6.076 million units respectively, down by 4.3% and 6.7% YOY respectively.
In March, the production and sales of new energy vehicles reached 674,000 units and 653,000 units respectively, with a year-on-year growth of 44.8% and 34.8% and a market share of 26.6%. From January to March, the production and sales of new energy vehicles posted 1.65 million units and 1.586 million units respectively, with a growth of 27.7% and 26.2% YOY respectively and a market share of 26.1%.
In March, the production and sales of new energy vehicles reached 674,000 units and 653,000 units respectively, with a year-on-year growth of 44.8% and 34.8% and a market share of 26.6%. From January to March, the production and sales of new energy vehicles posted 1.65 million units and 1.586 million units respectively, with a growth of 27.7% and 26.2% YOY respectively and a market share of 26.1%.
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