The Chinese vehicle market increased in 2022 to 26.7 million vehicles from 25.5 million in 2021.At the opposite, January 2023, light-vehicle wholesales were 1.65 Mn units, which was a sharp contraction of 34 per cent year-on-year. The decline in sales in the first month of this year was caused by a combination of factors.Firstly, Chinese…
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