China's robust vehicle sales surge, NEV market shines

<p>Vehicle sales in China continue to perform strongly. </p><p>October vehicle sales were up 13.8% y/y (from September's +9.5%)</p><ul><li>YTD (January – October) vehicle sales were up 9.1% y/y (from January – September +4.6%)</li></ul><p>New Energy Vehicles (NEV) sales knocked it out of the park with a 33.5% y/y rsie in October</p><ul><li>YTD +37.8% y/y</li></ul><p>Little evidence of sloppy demand in this segment</p>

This article was written by Eamonn Sheridan at www.forexlive.com.