CAAM: Sales of China commercial vehicle dropped 9.77%
Dates from Association of China Automobile Manufacturers shows that the production of national commercial is 285,400 units, drop by15.89% than the ring, but has an 8.62% increase y/y; 290,600 units were sold, with 9.77% decline, and a 7.30% increase.
From January to May, the production and sales are 4,837,700 and 4,956,800, with an increase of 11.10% and 14.29%. Production and sales of passenger cars are 3,520,300 and 3,660,900, have 15.61% and 21.20% increase; commercial vehicle production and sales are 1,317,400 and 1,295,900, and has an increase of 0.62 percent, 1.56 percent sales decline.
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