Summarize:On November 11, China Association of Automobile Manufacturers officially released a report on China’s auto industry in October. According to the report, China produced and sold 358,000 units and sold 357,000 units commercial vehicles in October, up by 3.9% and 4.8% against the data in the previous month, and up by 7.7% and 7% year on year respectively.
In October, China sold 321,000 units trucks, up by 8.7% year on year. In the first ten months this year, China’s sales volume of trucks totaled 3.116 million units, 79,000 units less than that in the same period in 2018.
From January to October, China’s production and sales volume of commercial vehicles reached 3.432 million and 3.478 million units respectively, down by 1.3% and 2.5% respectively.