Chinese auto output, sales up in May vs April but still down vs last year

Chinese automotive output and sales increased month on month in May after the government boosted its efforts to encourage a market recovery but were down year on year, the China Association of Automobile Manufacturers (CAAM) said in its latest monthly report.

Domestic carmakers sold 1.86 million units in May 2022, up by 57.6% from April but down by 12.6% year on year, CAAM said in its latest report, published on Friday...


Carrie Shi

Yingchi Yang

Zihuan Pan

Zihao Li

Jinfan Yang

June 13, 2022

13:19 GMT

Shanghai, Beijing