(JW Insights) Jul 14 -- China's commercial vehicle production and sales logged robust growth in the first half of this year, data from the China Association of Automobile Manufacturers (CAAM) showed.
During the period, sales of commercial vehicles surged 15.8% year on year to 1.971 million units, while the output of such vehicles jumped 16.9% to 1.967 million units, reported Xinhua on July 13, citing data from CAAM.
In the first half of the year, production and sales of coaches and trucks registered double-digit growth compared with last year, with coach sales rising 24.3% to 223,000 units, said Xinhua.
In June alone, sales of commercial vehicles stood at 355,000 units, up 26.3% from the same period in 2022.
The output of such vehicles reached 342,000 units last month, climbing 31.3% year on year, the data also revealed, said the Xinhua report.
(Li PP)