The automobiles monthly down, while yearly up
In October, the automobiles kept growth yearly, while witnessed a slight decline monthly. This month, the production and sales of automobiles in China reached 2,604,000 and 2,704,000 units respectively, down 2.5% and 0.2% than that of last month, but up 0.7% and 2% year on year.
For the first ten months, the production and sales of automobiles were 22,957,000 and 22,927,000 units respectively, up 4.3% and 4.1% year on year, 9.5 percentage points and 9.7 percentage points lower than the same period last year. Comparing with the first nine months, the accumulative growth decreased 0.5 percentage points and 0.3 percentage points respectivley.