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The traditional peak season at the end of the year combined with the "old-for-new" policy brings growth! The A-share Autos sector is experiencing strong fluctuations.
In November, monthly production and sales of Passenger Vehicles surpassed 3 million units for the first time. Institutions pointed out that the traditional peak season at the end of the year, combined with the "trade-in for new" policy, has increased the retail momentum in the Passenger Vehicle market.
Express News | Zhongtong bus holding and others were enforced for 10.04 million.
Zhongtong Bus' Sales, Output Climb in January-November Period
Express News | Zhongtong bus holding: The automobile sales volume in November increased by 57.11% year-on-year.
Express News | Zhongtong Bus Holding: The controlling shareholder transferred 21.07% of the shares without consideration, and the controlling shareholder will be changed to China National Heavy Duty Truck Group Co., Ltd.
A-share autos stocks surged, with SAIC Group hitting the upper limit.
Grong Hui November 21｜SAIC Group hits the limit up, Zhongtong Bus Holding, Sinotruk, anhui jianghuai automobile group corp.,ltd., Zotye Automobile, baic bluepark new energy technology and other follow the uptrend.