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