BEIJING/SHANGHAI, Dec 9 (Reuters): China's passenger vehicle sales rose 25.5 per cent in November from a year earlier, faster than the prior month and extending growth to a fourth month, industry data showed on Friday, as automakers stepped up a price battle to meet sales goals.
Car sales totalled 2.1 million units last month, data from the China Passenger Car Association (CPCA) showed, while growth accelerated from October's 9.9 per cent jump.
Sales of new energy vehicles – electric vehicles and plug-in hybrids – grew 39.8 per cent in November from a year earlier, surpassing a 37.5 per cent rise in October.
China car sales growth speeds up in Nov
FE Team | Published: December 09, 2023 21:39:33
China car sales growth speeds up in Nov
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