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Retail sales of passenger cars in China up in November

BEIJING (XINHUA) – China’s retail sales of passenger cars reached 2.08 million units in November, an increase of 26 per cent year on year, according to data from an industry association.

Total sales of passenger cars rose 5.3 per cent year on year to exceed 19.34 million units in the first 11 months of the year, data from the China Passenger Car Association showed.

Production of passenger vehicles topped 2.64 million units, up 25 per cent year on year in November. Exports of passenger vehicles soared 50 per cent from a year ago to 378,000 units last month, with new energy vehicles accounting for 23.5 per cent of the total, the association said.