Chinese car exports surge ...News

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Chinese car exports surge
source : Russia Today ( News ) () 60
Growth of domestic and foreign sales are expected to boost the sector’s post-Covid recovery Chinese carmakers sold 1.76 million vehicles in foreign countries in the first five months of 2023, marking growth of 81.5% compared to the same period last year, according to statistics from the China Association of Automobile Manufacturers (CAAM). Industry experts highlighted that the Chinese vehicle market has begun to recover since April, but cautioned that challenges remain for carmakers to achieve sales growth for the entire year. Statistics released by the CAAM on Friday showed that passenger vehicles accounted for t

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