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Dealer inventory ratio drops to 1.33 in November

 

BEIJING – Average inventory ratio of Chinese car dealers decreased 0.21 from October to 1.33 in November, according to data released by China Automobile Dealers Association (CADA) on December 28.

In the month, the inventory ratio of import brands dropped 0.32 to 2.45 from October, the first-time drop since September 2012, while that of independent and joint venture brands were 1.17 and 1.3, down 0.19 and 0.2 respectively.

Of the 44 surveyed brands, four exceeding the alert level of 2.5 in November were Infiniti, Acura, Lexus and Jaguar Land Rover, showed the data.

 

 

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