China Auto Sales Drop for 17th Straight Month in November

China Auto Sales Drop for 17th Straight Month in November
Cars for export wait to be loaded onto cargo vessels at a port in Lianyungang, Jiangsu Province, China on Oct. 14, 2019. Reuters
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BEIJING/SHANGHAI—Auto sales in China fell for a 17th consecutive month in November, with the number of new energy vehicles (NEVs) sold contracting for a fifth month in a row, data from its biggest auto industry association showed on Dec. 10.

Total auto sales in the world’s biggest auto market fell 3.6 percent from the same month a year earlier, the China Association of Automobile Manufacturers (CAAM) said.