Help Desk -
9958816305, 9810335381
Email
Password

Auto Sales in China in November Remains in Reverse Gear

Steel News - Published on Wed, 11 Dec 2019

Image Source: Auto Sale China
China's auto market posted the 17th-month in a row sales downturn in November. The China Association of Automobile Manufacturers announced that China's auto sales slid 3.6% year on year to 2.457 million units in November, but apparently rose 7.6% from a month earlier. For the first eleven months, automakers in China sold roughly 23.11 million new vehicles in total, which were 9.1% less than that of the year-ago period.

DetailsNov'19YoYMoMYTD'2019YoY
Outputs 2,593,000 3.8%13.0% 23,038,000 -9.0%
PV 2,163,000 1.9%11.6% 19,175,000 -10.7%
CV 430,000 14.6%20.3% 3,863,000 0.3%
Sales 2,457,000 -3.6%7.6% 23,110,000 -9.1%
PV 2,057,000 -5.4%6.7% 19,231,000 -10.5%
CV 40,000 6.9%12.3% 3,879,000 -1.6%
 

Source – CAMM

Source :

Posted By : Arun Huidrom on Wed, 11 Dec 2019
Related News from Steel segment