The sales and production of automobiles in November enjoyed a slight growth on both monthly and yearly basis. However, the year-on-year growth rate was lower than that of last month. Hence, the accumulative sales and production for the first eleven months continued to fall back.
In November, the production and sales of automobiles in China reached 2,160,700 and 2,090,900 units respectively, up 5.7% and 5.2% than that of last month, and up 1.2% and 2.3% year on year. For the first eleven months, the production and sales of automobiles were 21,430,500 and 21,079,100 units respectively, up 7.2% and 6.1% year on year. But their growth rates decreased by 7.1 percentage points and 7.4 percentage points than the previous year. From January to November, the business inventory increased 351,400 units.