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10 Apr
08:37

China sees robust auto production in March

After the Chinese New Year holiday, Chinese car manufacturers kept robust operations as subsidies from both carmakers and local governments boosted sales. Therefore, automotive production rebounded significantly in March, according to data given by the China Association of Automotive Manufacturers (CAAM). March standalone production of Chinese vehicles surged 78.4% over February and 4% year-on-year to 2.69 million units, Kallanish notes. This boosted first-quarter…
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