China's auto import volume, value fall in 2022

China's auto import volume fell 6.5% year on year in 2022, with import value slightly down, data from the China Association of Automobile Manufacturers showed. This was reported by The Xinhua News Agency.

Last year, the number of sedans, SUVs, and minibuses imported into China all posted year-on-year declines. The three types of vehicles accounted for 93.5% of China's total auto imports.

In December, auto import volume fell 7.2% from November but grew 6.6% from a year ago. Import value dived 16.4% from November, and logged a 15.6% year-on-year decline.

In 2022, auto sales rose 2.1% year on year to 26.86 mln units in China, the world's largest automobile market.