China car sales growth speeds up in November as price war intensifies

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A view shows new cars produced by Chinese automobile manufacturer Chery, in the parking lot of the Sollers plant in Vladivostok, Russia October 15, 2023. REUTERS/Tatiana Meel/File Photo Acquire Licensing Rights

BEIJING/SHANGHAI, Dec 8 (Reuters) – China’s passenger vehicle sales rose 25.5% in November from a year earlier, faster than the prior month and extending growth to a fourth month, industry data showed on Friday, as automakers stepped up a price battle to meet sales goals.

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