China Auto

China's November Vehicle Inventory Alert (VIA) Index stood at 55.6 percent, indicating the automotive industry remains in contraction territory.

For automakers producing only NEVs, inventory at the end of October stood at 730,000 units, up from 620,000 units at the end of September.

From January to October, China's passenger NEV production totaled 12.04 million units, up 30.3 percent year-on-year.

BEVs recorded retail sales of 812,000 units in October, up 20.4 percent year-on-year but down 2.5 percent month-on-month.

China's Vehicle Inventory Alert (VIA) Index stood at 52.6 percent in October, indicating the automotive sector remains in contraction territory.

China's auto dealer inventory factor stood at 1.35 in September, below the 1.50 alert line but above the reasonable range.

For manufacturers producing only NEVs, inventory stood at 620,000 units at the end of September, down from 650,000 units at the end of August.

From January to September, China's passenger NEV production reached 10.38 million units, marking a 32.2 percent year-on-year increase.

BEVs recorded retail sales of 826,000 units in September, marking a 28.5 percent year-on-year increase and a 19.8 percent rise from August.

China's Vehicle Inventory Alert (VIA) Index stood at 54.5 percent in September, indicating the automotive industry remains in contraction territory.