Home / China News / News detail

China imports 33,300 cars in Nov, up 3.5% y/y

George Gao From Gasgoo.com| January 04 , 2009 18:21 BJT

Shanghai, January 4 (Gasgoo.com) In November 2008, China imported 33,300 vehicles, up 6.39% month on month and up 3.5% year on year, but the growth rate was markedly slower than October's year-on-year rise, xinhuanet.com reported on Wednesday, citing data from the China Association of Automobile Manufacturers.

Meanwhile, China's auto exports fell 46.5% in November to 35,800 units from the same period last year. November's auto exports were also 30.4% lower than in October, the report said.

From January to October, China imported more than 340,000 completed vehicles and chassis, up 39.7% year on year, Beijing Youth said one month ago.

China's auto market, the world's second largest and one of the fastest growing, is a rare bright spot for the global automotive industry that is facing factory closures, layoffs and huge losses due to the global financial crisis.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com