China’s automotive output, sales drop in July amid reduced buying in summer lull

China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week.

Chinese car manufacturers produced 2.40 million units in July, down by 6.2% from June and down by 2.2% compared with July 2022. Sales decreased by 9% month on month and...


Carrie Shi

Sybil Pan

Ruby Liu

Yiwen Ju

Zihuan Pan

Zihao Li

August 15, 2023

14:08 GMT

Beijing, Shanghai