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CAAM: CN Nov Production/ Sales of Commercial Cars Up 6.6%/ 8.6% MoM
Recommend 39 Positive 92 Negative 19 |
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In November, the production and sales volume of commercial vehicles in Mainland China numbered 388,000 units and 392,000 units, respectively, marking an MoM upswing of 6.6% and 8.6%, and a YoY growth of 18.6% and 24.4%, data from the China Association of Automobile Manufacturers (CAAM) showed. In 11M25, the total production and sales reached 3.843 million units and 3.87 million units, representing a YoY increase of 11.6% and 10.4%, with growth rates continuing to expand compared to that in 10M25. Policy incentives and concentrated year-end deliveries are the key factors driving the elevation in sales volume, with the full-year total expected to stabilize at 4.2 million units, the CAAM noted. AASTOCKS Financial News Website: www.aastocks.com |
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