China's car sales extend gains in Oct as automakers rush to meet annual goals

Reuters

2024/11/08

BEIJING, Nov 8 (Reuters) - China's passenger vehicle sales rose for a second straight month in October to stand up 11.2% on the year, led by domestic champion BYD

as automakers raced to meet annual sales targets in the world's largest auto market.

Sales totalled 2.28 million vehicles last month and for the first 10 months of the year, sales increased 3% to 17.99 million units, data from the China Passenger Car Association (CPCA) showed on Friday.

(Reporting by Qiaoyi Li, Zhang Yan and Kevin Krolicki; Editing by Clarence Fernandez)

((qiaoyi.li@thomsonreuters.com;))

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