Description
The indicator is compiled and published by the China Association of Automobile Manufacturers (CAAM). This indicator is used to measure the production activity within the commercial vehicle segment, providing insights into the transportation and logistics sectors. A higher production volume typically indicates strong demand and economic activity, while a lower volume may suggest reduced demand or economic slowdown.
The production volume is calculated based on the number of commercial cargo vehicles produced within a given month. The data is collected from manufacturing plants across China and aggregated to provide a total monthly figure.
This data is updated monthly and typically released within the first two weeks of the following month.