China November vehicle sales up 16.6 pct
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China auto sales in November rose 16.6 percent from a year earlier to 2.9 million vehicles, the sixth consecutive month of double-digit growth, the China Association of Automobile Manufacturers said on Monday.
That compares with an 18.7 percent rise in October and a 26.1 percent rise in September.
In the first 11 months of 2016, sales grew 14.1 percent compared with the previous year, the association said at a briefing in Beijing.
In October, the association raised its forecast for full-year 2016 growth to 7 percent, from 6 percent previously.
Questions & Answers
Q.What was the total volume of vehicles sold in China during November?
What was the total volume of vehicles sold in China during November?
China's auto sales reached 2.9 million vehicles in November. This figure represents a 16.6 percent increase compared to the same month in the previous year, marking the sixth consecutive month of double-digit growth.
Q.How do November's sales growth figures compare to the previous two months?
How do November's sales growth figures compare to the previous two months?
November's sales growth of 16.6 percent was lower than the 18.7 percent rise seen in October. It was also significantly less than the 26.1 percent increase recorded in September of the same year.
Q.What is the sales growth rate for the first 11 months of the year?
What is the sales growth rate for the first 11 months of the year?
For the first eleven months of 2016, vehicle sales in China grew by 14.1 percent. This cumulative growth figure compares to the performance over the same period in the preceding year.
Q.What is the updated forecast for full-year 2016 growth?
What is the updated forecast for full-year 2016 growth?
The association raised its forecast for full-year 2016 growth to 7 percent. This revised prediction, issued in October, represents an increase from its earlier estimate of 6 percent growth for the year.
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