Serving the World's Largest Emerging Automobile Market
Home > Aftermarket > Prices of locally produced vehicles drop 1.36 percent in November

Prices of locally produced vehicles drop 1.36 percent in November

BEIJING— Prices of locally produced vehicles in China dropped 1.36 percent year-on-year in November, according to the data released by National Development and Reform Commission (NDRC)’s survey on 36 large and medium cities nationwide.

Meanwhile, the prices of import vehicles also reduced 5.41 percent on a yearly basis in the month. The prices dropping rate of import cars and SUVs was 7.08 and 3.72 percent.

Chinese automotive market in 2012, according to NDRC, will achieve a sales growth of 5-10 percent compared to 2011, and 10 percent in 2013.

 

|

Leave a Reply