China Vendas de Veículos

China’s vehicle sales increased 3.4% year-on-year to an 11-month high of 3.429 million units in November 2025, following an 8.8% rise in October, according to data from the China Association of Automobile Manufacturers (CAAM). New energy vehicles (NEVs) soared 20.6% year-on-year to a new record of 1.823 million units in November, marking the ninth consecutive monthly increase. In the first eleven months of 2025, total vehicle sales grew 11.4% to nearly 31.13 million units, with NEV sales surging 31.2% to 14.78 million units. In October, eight government departments, including the Ministry of Industry and Information Technology, set a target of approximately 32.3 million vehicle sales for 2025, up around 3% year-on-year, with NEV sales expected to reach 15.5 million units, a projected 20% year-on-year increase. On a monthly basis, total car sales climbed 3.2% in November, slightly accelerating from a 3% growth recorded in October.