CHINA AUTO: Vehicle output, sales surge in February, boosting upstream materials markets

By Carrie Shi
Published: Friday, 12 March 2021

Chinese automotive production surged by 418.9% year-on-year in February 2021, and sales leapt upward by 364.8% year-on-year, which maintained support for most upstream materials prices.

By Susan Zou, Hui Li, Carrie Shi, Miranda Song, Yingchi Yang

Carmakers in the country produced 1.50 million units in February, up by 418.9% from a year before, with sales totaling 1.46 million units, up by 364.8% year-on-year, the China Association of Automobile Manufacturers (CAAM) said on Thursday March 11....

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