By on December 13, 2012

The world’s largest car market, China, has recovered a bit in November. Automobile sales were up 8.16 percent year-on-year to 1.79 million vehicles, production stood at 1.76 million units, up 3.92 percent, data released by the China Association of Automobile Manufacturers (CAAM) shows.

Sales of passenger vehicles were 1.46 million units, up 8.75 percent year-on-year. Commercial vehicles , up 5.59 percent to 329,700 units, show signs of life. Sales of commercial vehicles, seen as a leading indicator for the economy, have mostly been weak throughout the year. A rebounding commercial market is especially important for GM. More than half of its sales in China consist of low cost Wuling delivery vans.  However, Wuling’s sales were down 0.5 percent in November.

January through November, car sales in China are up a meek 4.03% to 17,493,200 units.

Get the latest TTAC e-Newsletter!


No Comments on “Chinese Car Sales Recover...”

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • Lou_BC: I don’t see Jeep as a resource black hole. The Wrangler and Unlimited variant are spartan products...
  • Tosh: And Roger Penske picks up Dodge and Ram, to be renamed Penske Truck. Or Dodge truck, which has a nice ring.
  • Tosh: I had assumed they were both waiting for the other one to go under and then acquire their rival in a bankruptcy...
  • th009: To everyone suggesting that Toyota, Honda or Mazda should buy FCA (or even just Jeep), think back to the last...
  • Tosh: Explore the nostalgia of the water-soluble Honda Passport and Acura SLX.

New Car Research

Get a Free Dealer Quote