China Automobile Association: the production and sales of commercial vehicles reached 434000 in March, an increase of 37.1% and 34.2% respectively over the previous month.

[China Automobile Association: commercial vehicle production and sales increased by 37.1% and 34.2% respectively in March.] according to the statistics of the China Association of Automobile Manufacturers, in March 2023, commercial vehicle production and sales all completed 434000 units, up 37.1% and 34.2% respectively from the previous month, and 20.4% and 17.4% respectively over the same period last year. From January to March 2023, the production and sales of commercial vehicles completed 948000 and 938000 respectively, down 3.9% and 2.9% respectively from the same period last year.