Chinese automobile output, sales rise in 2022 on supportive government policies

China’s automobile output and sales edged upward in 2022 from a year earlier, supported by the government's policy to halve the purchase tax on vehicles as well as other policies aimed at promoting consumer activity, the China Association of Automobile Manufacturers (CAAM) said on Thursday January 12.

Chinese carmakers produced 27.02 million units in 2022, up by 3.4% year on year, while sales rose by 2.1% to 26.86 million units, data from CAAM shows.
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Carrie Shi

Sybil Pan

Ruby Liu

Yiwen Ju

Zihuan Pan

Zihao Li

Jinfan Yang

January 17, 2023

14:37 GMT

Beijing, Shanghai, Singapore