Tag Archives: Chinese light vehicles sales September 2023

“We expect sales to remain strong in the coming years. This month we have again increased our full-year 2023 forecast, this time by 300,000 units, bringing the full-year forecast to 28.9 million units, a year- on-year increase of 8%. However, it should be noted that near-term downside risks exist, mainly from the liquidity crisis in the real estate sector – said to directly and indirectly account for 25% of GDP-  declining exports, and high youth unemployment,” said the GlobalData Forecast Team. Continue reading →