In November, the sales and production of automobiles reached a new record, both up more than 10% on monthly and yearly basis. This month, the sales-output ratio reached 97.6%. The business inventories increased, but still in normal level.
This month, the production and sales of automobiles in China reached 3,011,000 and 2,939,000 units respectively, up 16.4% and 10.9% than that of last month, and up 17.8% and 16.6% year on year.
For the first eleven months, the production and sales of automobiles were 25,027,000 and 24,948,000 units respectively, up 14.3% and 14.1% year on year, 12.5 percentage points and 10.8 percentage points higher than the same period last year.