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China November auto sales up 2.3%-中国最大钣金展-锻压展-2015第十六届广州国际钣金、锻压工业展览会-巨浪展览- The 16th China（Guangzhou）Int’l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
12/19/2014 钣金展-锻压展-sheet metal expo |
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China''s auto sales continued to slow in November as both passenger and commercial car sales remained subdued.
Approximately 2.09 million cars were sold in China last month, a year-on-year rise of 2.3 percent, slowing from the 2.8 percent gain seen a month earlier, the China Association of Automobile Manufacturers (CAAM) said in a report published Wednesday.
Vehicle output stood at 2.16 million units in the month, according to the China Association of Automobile Manufacturers (CAAM).
In the first 11 months, auto sales totalled 21.1 million units, up 6.1 percent from the same period last year. But the growth marked a sharp slowdown from the rate seen a year earlier.
"The downward trend in auto sales is likely to last in the short term," said CAAM deputy head Dong Yang.
Breaking the numbers down, China sold 1.78 million passenger cars in November, up 4.66 percent year on year, while sales of commercial cars came in at 315,600, down 9.24 percent from the same period last year.
Notably, the share of domestic brands slightly improved, accounting for 40.9 percent of the November sales. German and Japanese cars continued to lead the market, with 304,700 and 288,600 units sold during the month.
中国最大钣金展-锻压展-2015第十六届广州国际钣金、锻压工业展览会-巨浪展览- The 16th
China（Guangzhou）Int’l
Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
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