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CAAM Report: 2.857 Million Vehicles Sold in August, Marking a 16.4% Year-on-Year Increase
3 day ago /
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Author：小编
According to an analysis conducted by the China Association of Automobile Manufacturers (CAAM), China's macroeconomic environment continued to exhibit growth in August. Both automobile production and sales volumes witnessed an increase of over 10% compared to the same period last year. Notably, the new energy vehicle (NEV) sector and automobile exports demonstrated robust performance, while the market for traditional fuel vehicles also showed signs of stabilization. Specifically, in August, automobile production reached 2.815 million units, and sales hit 2.857 million units. This represented month-on-month increases of 8.7% and 10.1%, respectively, along with year-on-year surges of 13% and 16.4%, respectively.
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