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| Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. (Photo by=China Daily via REUTERS) |
[Asia News = Reporter Reakkana] BEIJING : China's auto sales dropped 9.1per cent in November from a year earlier, industry data showed on Friday, marking their seventh consecutive monthly fall as a prolonged global shortage of semiconductors disrupts production, Reuters reported.
Overall sales in the world's biggest car market stood at 2.52 million vehicles in November, data from the China Association of Automobile Manufacturers (CAAM) showed. Sales of new energy vehicles, which include battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, maintained strong momentum, growing 121 percent to 450,000 units in November backed by a government drive to cut pollution. U.S. electric vehicle maker Tesla Inc sold 52,859 China-made vehicles in November, including 21,127 for export, the China Passenger Car Association (CPCA) said on Wednesday. Chinese EV maker Nio Inc sold a record 10,878 cars last month and Xpeng Inc delivered 15,613 vehicles. Volkswagen AG said it sold over 14,000 ID series EVs in China in November.
Overall November sales beat CAAM's expectations, Chen said, pointing to the impact of falling raw materials prices and an easing of power shortages that had halted output at many factories in prior months. He said the semiconductor shortage, however, would continue to pressure the auto industry in December, although auto demand would be steady as the economy improves.
