China’s vehicle sales further up by 6.4% in Dec
by ChemOrbis Editorial Team - content@chemorbis.com
China’s auto market closed 2020 on a strong note as vehicle sales rose for the 9th consecutive month in December, according to data released by China Association of Automobile Manufacturers (CAAM).
Vehicles sales increased by 6.4% in December from a year earlier to reach 2.83 million units. The pace of increases slowed down when compared to a 12.6% gain in November, meanwhile.
However, the full-year sales in the world’s biggest auto market decreased by 1.9% year-on-year to 25.3 million units in 2020 due to the impact of the COVID-19 pandemic.
Vehicles sales increased by 6.4% in December from a year earlier to reach 2.83 million units. The pace of increases slowed down when compared to a 12.6% gain in November, meanwhile.
However, the full-year sales in the world’s biggest auto market decreased by 1.9% year-on-year to 25.3 million units in 2020 due to the impact of the COVID-19 pandemic.
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