The production and sales of auto in June amounted to 2.794 million and 2.904 million units, representing MoM growth of 5.5% and 8.1%, and YoY growth of 11.4% and 13.8% respectively, according to data released by the China Association of Automobile Manufacturers (CAAM). Domestic vehicle sales increased by 8.3% MoM and 11.9% YoY to 2.312 million units. Of which, the domestic sales of ICEVs amounted to 1.188 million units, up 14.2% MoM and 7.7% YoY.Related NewsG Sachs Recommends Overweight in CN Mkt, Predicts 14% Potential Rise in MSCI China Index, Favors Selected Private Enterprises/ AI Shrs