China’s auto sector recovering steadily from Covid-19, CAAM says

China’s auto output and sales have posted annual increases over the past five consecutive months, which points to a steady recovery from the Covid-19 pandemic, the China Association of Automobile Manufacturers (CAAM) says.

The country produced 2.12 million units of vehicles in August, up by 6.3% from a year earlier, while sales rose 11.6% year on year to 2.19 million units, CAAM reported last Thursday September 10.

Over the first eight months of 2020, China’s auto output totaled 14.43 million units, down by 9.6% year...

Published

Miranda Song

September 15, 2020

06:32 GMT

Shanghai