China's Car Output, Sales Hit Record Highs in November, CAAM Says

China's Car Output, Sales Hit Record Highs in November, CAAM Says

Yicai Global

Date: Fri, 03/24/2017 - 23:12 / source:Yicai
China's Car Output, Sales Hit Record Highs in November, CAAM Says
China's Car Output, Sales Hit Record Highs in November, CAAM Says

(Yicai Global) Dec. 13 -- Production and sales of cars in China hit record highs in November, with both jumping more than 15 percent from a year earlier, according to the China Association of Automobile Manufacturers.

China produced 3.01 million vehicles last month, up 17.75 percent from last year, and sold nearly 2.94 million, up 16.55 percent, the CAAM said on its website. Almost 2.64 million passenger vehicles rolled off production lines, an increase of 17.62 percent, of which 2.59 million were sold, a gain of 17.24 percent.

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