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China’s car prices experience small drop in November
Shanghai. December 24 (Gasgoo.com) – China’s domestic-made car prices in November dropped 0.30 percent from one month earlier and 3.87 percent from January of this year, according to a recent market situation report prepared by China’s National Development and Reform Commission.
In November, prices of passenger vehicles dipped 0.80 percent from a month earlier, 4.77 percent from January, the report said.
Also in November, prices of commercial vehicles fell 0.21 percent from one month earlier, 2.35 percent from January. Bus prices fell 0.26 percent from one month earlier, 4.39 percent from January.
Imported vehicle prices dropped 0.34 percent from one month earlier, 0.19 percent from January. However, imported sedan prices rises 0.07 percent from one month earlier, and 2.36 percent from January. Imported SUV prices dropped 0.92 percent from one month earlier, 3.54 percent from January.
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