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11 Oct
07:58

Chinese automotive output hits 21-month high

Chinese automotive output in September soared to a 21-month high with the help of government stimulus and the concentrated launch of new products for the traditional peak season, Kallanish learns. Output in the reporting month came to 2.85 million units, hiking 10.7% on-month and 6.6% on-year, according to the China Association of Automotive Manufacturers (CAAM). Within this, trucks output was growing at a faster rate as the logistics industry stabilised and picke…
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