China's Auto Sales Jumped 12.5% in November to Year High
Tang Shihua
DATE:  Dec 11 2020
/ SOURCE:  Yicai
China's Auto Sales Jumped 12.5% in November to Year High China's Auto Sales Jumped 12.5% in November to Year High

(Yicai Global) Dec. 11 -- China’s car sales surged 12.5 percent last month from the same period a year earlier to log the highest monthly sales all year as the nation’s car market continues to bounce back from the ravages of the Covid-19 pandemic.

Some 2.77 million vehicles were sold in November, according to data released today by the China Association of Automobile Manufacturers. Two million three hundred thousand of these were passenger cars, up 11.6 percent year on year, and 472,000 were commercial vehicles, or autos that carry paying passengers or goods, a leap of 18 percent.

Vehicles sales in the first 11 months were down just 2.9 percent from the same time last year to 22.47 million units, indicating that the industry is well on its way to getting back on track.

Editor: Kim Taylor

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Keywords:   Vehicle Sale,Industry Data,China Association of Automobile Manufacturers