China auto output, sales rebound in February on official support

China’s automotive sector output and sales showed double-digit increases on both a monthly and an annual basis in February 2023, thanks to support from local governments as well as carmakers’ own sales promotions, according to the China Association of Automobile Manufacturers (CAAM).

Car manufacturers in China produced 2.03 million units in February, up by 27.5% from a month earlier and by 11.9% from a year earlier, while sales increased by 19.8% month...

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Carrie Shi

Ruby Liu

Yiwen Ju

Zihuan Pan

Zihao Li

March 13, 2023

16:47 GMT

Shanghai