Review of China's commercial vehicle production and sales from January to October 2024

From January to October 2024, the production and sales of commercial vehicles were 3.117 million and 3.19 million, respectively, down 5.1% and 3.4% year-on-year. Despite the poor performance of the overall market, some market segments still show certain growth potential. For example, the production and sales of light buses have achieved a slight increase, while the production and sales of medium-sized buses have shown a rapid double-digit growth.