Industry Data

China’s auto industry hit record highs in 2023

GlobalData report shows China light vehicle wholesales up 23% in December

January 31, 2024

China’s auto market full-year production and sales in 2023 hit record highs. Total Light Vehicle (LV) sales reached 29.7 million units (+11%) in 2023, exceeding the previous all-time high of 28.6 million units in 2017.

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