Guangzhou Automobile Group's (HKG:2238, SHA:601238) vehicle production in September slid 33.1% to 161,181 units from 242,136 units in the year-ago period, while sales plunged 25% to 182,626 units from 243,599 units in the year-ago period, according to a Wednesday filing with the Hong Kong Stock Exchange.
For the nine months ended Sept. 30, total production plummeted by about 26% to 1.3 million units from 1.8 million units a year earlier, while sales also declined 26% to 1.3 million units from 1.8 million units, the filing said.
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