China's home-made vehicles prices in July down 0.44% month on month

Shanghai. August 21 (Gasgoo.com) – China's home-made vehicles prices dropped 0.44 percent from a month earlier, according to a Chinese media report.

In July, China's passenger vehicle prices dropped 0.44 percent from a month earlier, down 2.81 percent from the beginning of this year, the report said.

Also in July China's commercial vehicles prices dropped 0.32 percent from a month earlier, revering the upward trend in June.

Among commercial vehicles, bus prices dropped 0.13 percent in July from a month earlier; light bus prices dropped 1.10 percent, by contrast, large bus prices up 0.20 percent from a month earlier.

Middle-duty truck prices in July dropped 2.24 percent and heavy duty truck prices dropped 0.27 percent, however, light duty truck prices up 1.85 percent month on month.

Imported vehicles prices in July rose 1.32 percent from a month earlier, driven by rising imported car prices, which rose 2.91 percent from a month earlier. However, imported SUV prices in July dropped 0.91 percent from a month earlier.