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17 Jun
11:36

China’s auto production slips in May

China’s automotive production slipped further month-on-month in May, but the drop decelerated significantly. Sales nevertheless still managed to rise, according to data from the China Association of Automotive Manufacturers (CAAM). May output only lost 1.4% on the prior month, while remaining 1.7% higher year-on-year at 2.37 million units, Kallanish notes. Major types of vehicles saw higher output as well, with new energy vehicle (NEV) output hitting a year-…
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