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In November, the sales of light passenger vehicles in China were 0.0356 million units, a year-on-year decrease of 8%.
On December 25, the latest news from the First Commercial Vehicle Network, based on data from the China Automobile Manufacturers Association (measured by company invoices, not terminal actual sales), in November 2024, China's bus market (including chassis) sold 46,000 units, a month-on-month increase of 7%, a year-on-year decrease of 3%, and the year-on-year growth rate has turned negative again (the bus market grew by 1% year-on-year in October).
Jiangling Motors Corporation (SZSE:000550) Seems To Use Debt Quite Sensibly
Jiangling Motors Corporation (000550.SZ): The company maintains close technical exchanges and relevant testing research with mainstream Solid State Battery manufacturers.
Gelonghui, December 16丨Jiangling Motors Corporation (000550.SZ) stated on the investor interaction platform that there are still technical issues to be overcome with Solid State Battery, and the company maintains close technical exchanges and related testing research with mainstream Solid State Battery manufacturers.
The cumulative sales of multi-cylinder diesel engines from January to November reached 3.6455 million units, with market performance being weak and the year-on-year decline continuing to widen.
In November 2024, a total of 0.3296 million multi-cylinder diesel engines were sold in our country, a month-on-month increase of 13.98% and a year-on-year decrease of 7.11%.
The Passenger Vehicle Association: In November, the sales of the pickup truck market were 0.044 million vehicles, a year-on-year decrease of 3.1% and a month-on-month increase of 5.6%.
In November 2024, pickup truck production was 0.045 million units, a year-on-year decrease of 7.9%; the pickup truck market sales in November were 0.044 million units, a decline of 3.1% compared to November 2023, but an increase of 5.6% compared to October, which is at the median level of the last five years.
In November, Commercial Vehicle sales reached 0.315 million units, with Foton (600166.SH) exceeding 0.06 million units to maintain the top position.
In November 2024, the sales of Commercial Vehicles in our country were 0.3148 million units, a 6% increase compared to October of this year, while there was a continued decline year-on-year, with a decrease of 14%.
When Should You Buy Jiangling Motors Corporation, Ltd. (SZSE:000550)?
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