China passenger car sales lower in November

Published: Dec 9, 2019 16:25

Save

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Silver Price Forecast: 30% Historic CRASH - Buy The Dip Or Run?

The silver price’s blistering rally came to an abrupt halt on Friday as XAG/USD collapsed by almost 30%, briefly plunging from Thursday’s record high above $120 to near $83.

4 hours ago

More than 200 killed in coltan mine collapse in east Congo, official says

More than 200 people were killed this week in a collapse at the Rubaya coltan mine in eastern Democratic Republic of Congo, Lumumba Kambere Muyisa, spokesperson for the rebel-appointed governor of the province where the mine is located, told Reuters on Friday.

4 hours ago

GOLD / SILVER : What will Monday bring ???

Never try to catch a falling knife—the proverb is both visceral and highly appropriate for precious metals just now.

4 hours ago