China's auto recovery speeds up in May

June 13, 2020 / www.metalbulletin.com / Article Link

China's auto output and sales experienced double-digit growth in May amid government efforts to jumpstart the economy after containing the spread of Covid-19 in the country, the China Association of Automobile Manufacturers (CAAM) reported on Thursday.

The country produced 2.19 million units of vehicles in May, up by 18.2% from a year earlier. This is also 4% higher than in April.Auto sales totaled 2.19 million units last month, up by 14.5% year on year and 5.9% higher month on month.The CAAM attributed the growth to the Chinese government's efforts to encourage the resumption of work and boost consumption, which helped raise demand among auto...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok