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Vehicle Sales in China: May Was Strong

John Parker
Vehicle Sales in China: May Was Strong

According to data provided by the China Association of Automobile Manufacturers, vehicle sales in China were 2.29 million vehicle units in May. That was a significant rise of 9.6% YoY (year-over-year). In April, China’s auto sales increased 11.5% YoY to 2.32 million units. February was the only month so far this year that China’s light vehicle sales declined YoY. Sales fell 11.1% YoY that month due to the Chinese New Year.