CHINA AUTO: Vehicle output growth bolsters raw material prices in November

By IM Staff
Published: Tuesday, 15 December 2020

Chinese automotive production rose by 9.6% year on year in November, supporting prices of upstream materials such as steel and aluminium.

By Susan Zou, Hui Li, Carrie Shi, Miranda Song, Sally Zhang

Carmakers in the country produced 2.85 million units in November, up by 9.6% from a year ago and up by 11.5% from the month prior, China Association of Automobile Manufacturers said (CAAM) on Friday December 11. ...

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