According to data from China Association of Automobile Manufacturers (CAAM), in July, automobile production and sales reached 2.286 million and 2.262 million respectively, down 8.8% and 11.4% month-on-month, and down 4.8% and 5.2% year-on-year. From January to July, automobile production and sales reached 16.179 million and 16.31 million respectively, a year-on-year increase of 3.4% and 4.4%, with the growth rate narrowing by 1.5 and 1.7 percentage points compared to January to June.
中汽协:2024年7月汽车销量为226.2万辆,同比下降5.2%
In July 2024, auto sales volume reached 2.262 million, a decrease of 5.2% year-on-year according to the China Association of Automobile Manufacturers.
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