CAAM: Commercial Vehicle Production and Sales in March Increased by 35.8% and 42.8% MoM, Respectively. According to CAAM analysis, in March 2025, commercial vehicle production and sales reached 431,000 and 447,000 units, up 35.8% and 42.8% MoM, respectively, but down 1.4% and 2.4% YoY, respectively. From January to March 2025, commercial vehicle production and sales totaled 1.048 million and 1.051 million units, up 5.1% and 1.8% YoY, respectively. In March 2025, among the major commercial vehicle categories, both bus and truck production and sales showed rapid growth compared to the previous month. On a YoY basis, bus production increased slightly while sales declined marginally, and both truck production and sales experienced a slight decline.