Dec. 10, 2012 (China Knowledge) - Chongqing
Changan Automobile Co Ltd<000625><200625>, a leading domestic automaker, has said its auto sales surged 26.6% YoY to 182,192 units last month.
The company said in a statement filed with the Shenzhen Stock Exchange
that its auto sales totalled 1.58 million units in the first eleven month, 4.08% more than in the same period of last year.
Last month, the company produced 177,526 vehicles, reflecting a decline of 21.76% YoY.
The firm's auto output reached 1.56 million units in the first eleven-month period, 3.07% more than in the corresponding period of 2011.
In 2011, Changan Auto sold a total of 1.66 million vehicles, down 10% from a year earlier.