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CORRECTED-BRIEF-China's vehicle sales grow 4.5% in 2024, exports rise 19.3%

ReutersJan 13, 2025 6:37 AM

Corrects in fifth bullet growth in 2024 new energy vehicle sales to 35.5%, not 39.7%

- China Association of Automobile Manufacturers (CAAM):

  • CHINA 2024 VEHICLE SALES +4.5% Y/Y VERSUS +12% IN 2023

  • CHINA DEC VEHICLE SALES +10.5% Y/Y VERSUS +11.7% IN NOV

  • CHINA VEHICLE EXPORTS IN 2024 UP 19.3% TO 5.86 MILLION UNITS

  • CHINA DEC NEW ENERGY VEHICLE SALES +34% Y/Y

  • CHINA 2024 NEW ENERGY VEHICLE SALES +35.5% (not +39.7%)

(Reporting by Qiaoyi Li and Brenda Goh; Editing by Tom Hogue)

((qiaoyi.li@thomsonreuters.com;))

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