China's auto output & sales in Jul both face y-o-y increase
Views : 279
Update time : 2020-08-14 16:07:07
According to the statistic from the Chinese market, the total production of automobiles in July of China was around 2.2 million units, increased by almost 22% year on year, and the total sales in the same period were around 2.1 million units, increased by 16.4% year on year.
Moreover, in the first seven months of this year, the total production of automobiles from China was around 12.3 million units, decreased by 11.8% year on year, and the total sales at the same period were around 123 million units, also faced decline with 12.7% year on year.
By the market news, most of the Chinese domestic auto manufacturers were faced an increase in their sales in July, and the market share also rose to 35.1%.
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
