China's automobile production and sales both dropped in May from April, marking the second month-on-month decline in a row, new data showed Tuesday.
Last month, auto production dropped 4.4 percent from a month earlier to 1.98 million units, while sales declined 4.6 percent to 1.91 million units, the China Association of Automobile Manufacturers (CAAM) said in a statement.
On a year-on-year basis, production in May rose 11 percent and sales increased 8.5 percent, the CAAM said.
In the first five months of this year, auto production rose 9.4 percent year on year to 9.93 million units, while sales grew by 9 percent to 9.84 million vehicles. Both paces slowed down from the same period last year.
The drops last month were largely due to plunges in the commercial vehicle market. Output and sales of commercial vehicles were both down by more than 18 percent month on month in May, the statement said.
