China Passenger Car Association expects November passenger car retail sales to increase by 11.1% y/y to 2.14 million units

On November 20, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in November were expected to reach 2.14 million units, with y/y growth of about 11.1%.
According to CPCA, recent automotive consumption was stimulated to some exten....

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