China Vehicle Sales Rise 8.2% In November

Vehicle sales in China climbed 8.2% y/y in November. Industry-wide sales in the country came in at 1.79 million in the month. Vehicle sales in the country gained 5.3% y/y in October. Vehicle sales in the first 11 months rose 4% y/y to 17.5 million. Ford Motor's China sales surged 18% in November, while GM's sales climbed 9.7%.