CAAM: 2.382 Million Automobiles Sold In May

Data from the China Association of Automobile Manufacturers (CAAM shows that in May, the production and sales of automobiles were 2.333 million and 2.382 million respectively, an increase of 9.4% and 10.3% month-on-month, and a year-on-year increase 21.1% and 27.9%.

For January-May, the output and sales stood at 10.69 million units and 10.62 million units, respectively, both up 11.1% year on year.

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