China Association of Automobile Manufacturers: Economic Operation of the Automobile Industry in October 2021

According to statistics and analysis by the China Association of Automobile Manufacturers, in October 2021 , China's macroeconomic operation was generally stable, but the domestic and international environment remained complex and severe. The automobile industry worked hard to overcome the impact of many unfavorable factors such as tight power supply and high raw material prices. The supply of automotive-grade chips was slightly better than in the third quarter. Automobile production and sales continued to show a recovery trend, and the overall situation showed signs of improvement.