Chinese automotive production rose by 9.6% year on year in November, supporting prices of upstream materials such as steel and aluminium.
Carmakers in the country produced 2.85 million units in November, up by 9.6% from a year ago and up by 11.5% from the month prior, China Association of Automobile Manufacturers said (CAAM) on Friday December 11.In the same period, China's auto sales was 22.47 million units, down 2.9% year on year, which was 1.8 percentage points smaller than the loss in the first 10 months....