CAAM: Automobile Sales to Rise 5.5% to 2.455 million Vehicles in December 2022

SHANGHAI, Jan 6 (SMM) - The sales of cars in December 2022 are estimated to stand at 2.455 million vehicles, a month-on-month increase of 5.5%, but a year-on-year decrease of 12.1%, according to China Association of Automobile Manufacturers (CAAM).

In 2022, car sales are expected to stand at 26.757 million vehicles, a year-on-year growth of 1.7%.