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Prices of locally produced vehicles up 1.43 percent in November

BEIJING – Prices of locally produced vehicles in November 2013 continued a growth rate of 1.43 percent year-on-year, according to the data released by National Development and Reform Commission (NDRC)’s survey on a 36 large and medium cities nationwide.

Prices of passenger vehicles in the month rose 2.54 percent on a yearly basis, and those of commercial vehicles were up by 0.1 percent.

Meanwhile, the price drop rate of imported vehicles, according to the data, reached 2.22 percent compared to the same month last year.  

Change of vehicle prices in China in Nov. 2013

Type

% Change (MOM)

% Change (YOY)

Locally produced

-0.19

1.43

  Passenger vehicle

0.48

2.54

  Commercial vehicle

-0.99

0.1

       Bus

1.74

0.17

       Truck

-0.04

0.08

Imported

0.27

-2.22

       Passenger car

-0.44

-1.2

       SUV

-0.11

-3.24

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