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China’s auto sales up 4.5 pc

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China’s auto sales rose 4.5 percent year on year to nearly 23.49 million units in the first 11 months of 2021, data from the China Association of Automobile Manufacturers (CAAM) showed Friday.

Meanwhile, auto production rose 3.5 percent year on year to 23.17 million units, according to the data.

The better-than-expected performance of the auto industry came as the country’s measures to ensure adequate power supply and stabilize raw material prices have taken effect, the association said.

In November alone, auto sales totaled about 2.52 million units, down 9.1 percent year on year. Sales of passenger vehicles went down 4.7 percent year on year to over 2.19 million units in November, according to the data. — Xinhua

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