China car sales rise by 3.4% in November
China’s vehicle sales increased 3.4% year-on-year to an 11-month high of 3.429 million units in November 2025.
The data follows an 8.8% increase in October, according to data from the China Association of Automobile Manufacturers (CAAM).
New energy vehicles (NEVs) soared 20.6% year-on-year to a new record 1.823 million units in November, marking the ninth consecutive monthly increase.
In the first eleven months of 2025, total vehicle sales grew 11.4% to nearly 31.13 million units, with NEV sales surging 31.2%.
In October, eight government departments, including the Ministry of Industry and Information Technology, set a target of approximately 32.3 million vehicle sales for 2025, up around 3% year-on-year, with NEV sales expected to reach 15.5 million units, a projected 20% year-on-year increase.
On a monthly basis, total car sales climbed 3.2% in November, accelerating slightly from a 3% growth recorded in October.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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