CAAM: Chinese-branded passenger car sales up 22.4% in the first half of 2023
Chinese article by 爱集微
English Editor 张未名
07-18 13:47

(JW Insights) Jul 18 -- Sales of Chinese-brand passenger vehicles grew 22.4 percent year- on-year in the first half of the year (H1), reported Xinhua, citing industry data from China Association of Automobile Manufacturers(CAAM).

About 5.99 million Chinese-brand passenger vehicles were sold in the first six months, accounting for 53.1 percent of the country's total passenger-car sales during the period, according to the CAAM.

In June alone, sales of domestic auto brands rose 21.2 percent year- on-year to about 1.21 million units, the data showed.

The sales made up 53.1 percent of the country's total passenger-car sales last month, up 8.4 percentage points from the same period last year, according to the Xinhua report.

(Gao J/Yuan XY)

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