CHINA AUTO: Output, sales fall in Sep amid chip shortage, energy controls
Published: Wednesday, 13 October 2021
China’s output and sales of automobiles declined in September on an annual basis amid a shortage of semiconductor chips and the country’s “dual control” energy-consumption policy, the China Association of Automobile Manufacturers (CAAM) said in its monthly report published on Tuesday October 12.
Carmakers in China produced 2.08 million units in September,
up by 20.4% month on month but down by 17.9% year on year, CAAM
data shows. Similarly, sales amounted to 2.07 million units
last month, an increase of 14.9% month on month but down by
19.6% from a year earlier.