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Chinese car sales surges 26.4 percent in the first quarter of 2024
[14/04/2024 06:59]
BEIJING-SABA
Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

The China Association of Automobile Manufacturers said in a statement published by the Chinese news agency (Xinhua) that about 3.39 million Chinese-branded vehicles were sold during the period. The Association noted that the market share of the same cars increased by 7.4 percentage points year-on-year to reach 59.6% during the mentioned period.

In March alone, nearly 1.33 million vehicles were sold, with market share up to 7.2 percentage points from a year earlier to 59.3 percent.


U.S. federal debt exceeds $37 trillion
1.5 trillion dollars in revenue for light industry sector in China
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May
U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs

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