CAAM: China’s car sales expected to hike in Mar
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Update time : 2021-04-09 16:25:41
According to the China Association of Automobile Manufacturers (CAAM), the sales volume of China’s car industry was expected to reach 2.38 million units in March this year, up by 64% compared to the previous month and 66.8% from the same month a year ago.
Among them, the sales volume of passenger cars had a year-on-year increase of 73.4%, and that of commercial vehicles had a year-on-year hike of 55.5%.
In the first three months this year, China’s automobile industry was expected to reach a sales volume of roughly 6.34 million units, growing by 72.8% year on year.