In June 2024, the passenger vehicle sales volume of Chinese brands amounted to 1.432 million units, marking a MoM increase of 8.2% and a YoY uptick of 18.8%, according to data released by the China Association of Automobile Manufacturers (CAAM).
During 1H24, the cumulative passenger vehicle sales volume of Chinese brands reached 7.419 million units, marking a YoY growth of 23.9%. It reflects the strong growth momentum in the Chinese-branded passenger vehicle market.
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