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Home / Metal News / China passenger car sales lower in November

China passenger car sales lower in November

Dec 9, 2019 16:25

Source:SMM

Retail sales of sedans, MPVs and SUVs declined 4.1% from a year earlier to 1.94 million units

SHANGHAI, Dec 9 (SMM) – China’s retail sales of passenger vehicles declined for the fifth straight month in November, falling 4.1% from a year earlier to 1.94 million units, according to the latest data from the China Passenger Car Association (CPCA).

CPCA data indicated that retail sales of sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China shrank 5.7% year on year to 1.84 million units in October.

Market commentary

Passenger vehicle

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Shanghai base metals all cruised higher on Friday morning after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy. Meanwhile, their counterparts on the LME mostly cruised lower.

Jul 16, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

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Shanghai base metals were mostly higher on Monday morning as investors digested a better-than-expected US jobs report. Meanwhile, their counterparts on the LME fell for the most part.

Jul 5, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 5): Shanghai base metals rose across the board as US jobs report beat expectations

SMM Morning Comments (Jun 29): Shanghai base metals were mixed as investors monitored rising Covid-19 cases around the globe

Shanghai base metals mostly cruised lower on Tuesday morning despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs. Meanwhile, their counterparts on the LME traded mixed.

Jun 29, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 29): Shanghai base metals were mixed as investors monitored rising Covid-19 cases around the globe

SMM Morning Comments (Mar 18): Shanghai base metals were mostly higher as investors reacted to Fed decision

Nonferrous metals on the SHFE were mostly higher on Thursday morning on a positive note following record gains on Wall Street after the US Federal Reserve’s policymaking committee voted to keep short-term borrowing rates near zero. Meanwhile, their counterparts on the LME also rose for the most part.

Mar 18, 2021 10:00

SMM Comments

SMM Morning Comments (Mar 18): Shanghai base metals were mostly higher as investors reacted to Fed decision

SMM Morning Comments (Mar 8): Shanghai base metals were mostly higher in ‘fragile’ market environment

Shanghai base metals were mostly higher on Monday morning as investors reacted to last week’s US jobs report that trounced expectations and fueled hopes for a faster economic recovery. Meanwhile, their counterparts on the LME rose across the board.

Mar 8, 2021 10:00

SMM Comments

SMM Morning Comments (Mar 8): Shanghai base metals were mostly higher in ‘fragile’ market environment

CPCA: China’s passenger car sales estimated to recover to 1.03 million units in March, down 41%YoY

The China Passenger Car Association (CPCA) said on Monday that retail sales of sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China are estimated to be 1.03 million units in March, down 41% from the same month of 2019.

Mar 18, 2020 10:49

Analysis

CPCA: China’s passenger car sales estimated to recover to 1.03 million units in March, down 41%YoY

China passenger car sales 7.4% lower in 2019

The quantity of China’s retail sales of passenger vehicles declined for the sixth consecutive month in December

Jan 9, 2020 16:33

Analysis

China passenger car sales 7.4% lower in 2019

China car sales fall in Sep for 3rd straight month: CPCA

Sales declined 6.6% from a year earlier to 1.81 million units

Oct 12, 2019 16:43

Analysis

China car sales fall in Sep for 3rd straight month: CPCA

CPCA expects auto sales to shrink 2.2% on-year in Sep

Wholesale volumes of sedans, MPVs and SUVs are likely to stand at 1.98 million units next month

Aug 27, 2019 16:14

Analysis

CPCA expects auto sales to shrink 2.2% on-year in Sep

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Jul 29, 2019 14:26

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