CAAM: China’s auto output declines by 3.9 percent in January

In January this year, production and sales of automotive vehicles in China amounted to 2.369 million units and 2.52 million units, decreasing by 22.65 percent and 17.57 percent month on month, while down 3.9 percent and rising by 0.2 percent year on year, respectively, as announced by the China Association of Automobile Manufacturers (CAAM).