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China vehicle production up 30% in June

28 July 2022 Gao Tao

We estimate Mainland China's light vehicle production in June was around 2.4mn units, an increase of approximately 30% year on year. That figure marks a significant resurgence versus the fall of 40% we saw in April. The recovery follows the easing of COVID-triggered social containment measures in Changchun and Shanghai. Incentives policies and regional governments' actions are helping support the recovery.

Posted 28 July 2022 by Gao Tao, Manager, Greater China Light Vehicle Production Forecasting, S&P Global Mobility


This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.

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