Automotive Industry

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China likely dethroned Japan as world's top auto exporter in 2023 (www.reuters.com)

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The world's biggest auto market also became the top auto exporter for the first time in 2023, with the CPCA announcing at a press conference that exports of cars jumped 62% to a record 3.83 million vehicles. Japanese customs data showed passenger car exports at 3.5 million for the first 11 months of the year, excluding second-hand vehicles.

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