China Light Vehicle Sales Update - LMC AUTOMOTIVE

The seasonally adjusted annualized rate (SAAR) of LV sales in November was 25.3 mn units, a 3.3% drop from October, the seventh consecutive month of month-on-month (MoM) decline, and a clear indication of an extended market downturn. The CADA dealer inventory index stood at 1.92 months at the end of November, 50% up compared with the ................
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