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China auto inventory down 9.6pct m-o-m at 1.18 mln units at end-Sept., CAAM

2015-10-14 10:12

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Automobile manufacturers in China saw their inventories drop by 9.6 percent in September from the previous month, according to the latest data released by the China Association of Automobile Manufacturers (CAAM) on Tuesday.At the end of September, China's auto inventories were 1,184,600 units, compared to 1,310,100 units at the beginning of the month, said the CAAM.

Passenger vehicle inventory of Chinese automakers stood at 985,000 units at the end of September, a decline of 11.4 percent from 1,112,000 units at the beginning of the month. The inventory of commercial vehicles reached 199,600 units, up 0.8 percent from 198,100 units at the beginning of the month.

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