China Sets 2025 Auto Sales Goal Lower Than Industry Forecast, Promises Tougher Rules
China has set a target of 32.3 million vehicle sales for 2025, a figure slightly below the 32.9 million projected by the China Association of Automobile Manufacturers (CAAM), the country’s top auto industry body. The goal was announced Friday in a plan from the Ministry of Industry and Information Technology, working with seven other government…