Passenger Vehicle Sales Decline Over 20% for Seven Consecutive Months; CAAM Forecasts Annual Sales May Drop Below 19 Million Units
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Author:小编   

On November 11, the China Association of Automobile Manufacturers (CAAM) released production and sales data for the automobile industry for October. The auto market in October continued the trend of a "cold domestic market and a hot export market": domestic demand was insufficiently released, export resilience remained strong, and the proportion of new energy vehicle sales further increased.