China Auto

Retail sales of sedans in November totaled 981,055 units, SUVs 1,011,585 units and MPVs 86,661 units.

This was up from 12.69 percent in October but down from 14.78 percent a year earlier.

Local brands' share in November was slightly lower than October's 55.54 percent and higher than the 53.37 percent recorded in the same month last year.

China's automobile dealers' inventory factor stood at 1.43 in November, falling back below the alert line of 1.50.

China's passenger NEV production amounted to 7,808,000 units in the January-November period, a year-on-year increase of 32.61 percent.

BEVs sold 552,000 units at retail in November, accounting for 65.6 percent of all NEV retail sales.

China's Vehicle Inventory Alert (VIA) Index stood at 60.4 percent in November, implying that auto sales are in contractionary territory and performing worse than in October.

That's down from 13.83 percent in September while up from 10.97 percent a year earlier.

Local brands' share in October was up from 53.38 percent in September and up from 51.53 percent a year earlier.

Retail sales of sedans, SUVs and MPVs in October amounted to 933,454 units, 1,005,882 units and 92,473 units respectively.