China's auto sales rise in November, but down for the year

China's auto sales rise in November, but down for the year
In this Sept. 26, 2020, file photo, a visitor wearing a face mask to protect against the coronavirus looks at an SUV vehicle on display at the Beijing International Automotive Exhibition, also known as Auto China, in Beijing. China's sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic but were below pre-virus levels for the year to date, an industry group reported Friday. (AP Photo/Mark Schiefelbein, File)

China's sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic, but were below pre-virus levels for the year, an industry group reported Friday.

Sales in the industry's biggest global market rose 11.6% over a year earlier to 2.3 million, according to the China Association of Automobile Manufacturers. Total sales, including trucks and buses, rose 12.6% to 2.8 million, holding steady at October's .

From January to November, passenger vehicle sales were off 7.6% from the same period of 2019, at 17.8 million. Sales of commercial vehicles rose 20.6% to 4.7 million.

Full-year auto sales are on track to decline for a third year after hitting a peak in 2017.

China, where the pandemic began in December, became the first country to reopen its economy after the disease was declared under control in March.

November sales of all-electric and gasoline-electric hybrid vehicles more than doubled, rising 104.9% over a year earlier. Sales in the first 11 months of 2020 edged back above pre-virus levels, rising 3.9% over a year earlier.

Auto demand already was weak before China closed factories and dealerships in February to fight the coronavirus. Consumers are uneasy about slowing and a tariff war with Washington.

That hurts global automakers that are looking to China to propel sales growth and are spending heavily to develop under pressure to meet Chinese government quotas.


Explore further

China auto sales off 22.4% in first half of 2020

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation: China's auto sales rise in November, but down for the year (2020, December 11) retrieved 15 June 2021 from https://techxplore.com/news/2020-12-china-auto-sales-november-year.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
 shares

Feedback to editors

User comments