China's Auto Sector Gets Boost From National Trade-in Policy in November

MT Newswires03:16 ET

China's Auto Circulation Association: The used car market was significantly active in December, with an average daily Trade volume reaching 0.0666 million vehicles.

On December 12, the China Automobile Dealers Association released the weekly report on the used car market.

Zhitong Finance03:05 ET

China's Nov Auto Sales Climb 11.7% To 3.32 Million Units

Business TodayDec 11 08:44 ET

China Auto Body Seeks Subsidy Extension as EV Exports Take Hit

BNN BloombergDec 11 03:15 ET

Aim for 30 million vehicles for the whole year, with RBOB Gasoline vehicles experiencing a "four consecutive months increase". The China Association of Automobile Manufacturers calls for early implementation of consumer promotion policies next year.

1. The domestic sales of traditional fuel Passenger Vehicles reached 1.21 million units, a decrease of 0.105 million units compared to the same period last year, with a month-on-month growth of 16.2% and a year-on-year decline of 8%. 2. Chen Shihua, deputy secretary-general of the China Automobile Industry Association, urged that relevant policies to promote Consumer spending on Autos continue next year and be implemented as soon as possible.

cls.cnDec 11 02:06 ET

Everbright: The impact of the vehicle trade-in subsidy for the entire year is far better than expected. Bullish on investment opportunities in the Autos Sector driven by policy support.

The Politburo meeting has prioritized loose policies and boosting consumer activity, which are highly relevant to the Autos industry.

Zhitong FinanceDec 10 18:34 ET