China Oct vehicle sales +6.9 % y/y vs +25.7% in Sept – industry body

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BEIJING — China’s auto sales in Oct rose 6.9% from a year earlier to 2.51 million units.

Sales for the first 10 months were 4.6% higher than the same period in 2021, data from the China Association of Automobile Manufacturers (CAAM) showed on Thursday.

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CAAM tracks broader auto sales including passenger vehicles, buses and trucks while the China Passenger Car Association focuses on retail sales of cars. (Reporting by Beijing newsroom; Editing by Muralikumar Anantharaman)