Guangzhou Automobile Group Posts Nearly 10% Decline in November Automobile Sales, Output

MT Newswires Live12-08

Guangzhou Automobile Group (SHA:601238, HKG:2238) logged automobile sales of 179,652 units in November, down 9.7% from 198,992 units the previous year.

Production slumped 9.7% year over year to 187,461 units from 207,611 units, according to a filing with the Shanghai bourse.

Shares of the automobile producer were down 2% in recent trade.

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