China's auto production and sales fell slightly in Jan–Sep, with a cooling domestic market but strong export growth, the Industry Association said. New energy vehicle (NEV) sales share continued to rise. For Q4 the association expects the sector to remain broadly stable; exports are expected to keep growing and full-year exports could exceed 10.0 mln vehicles. The full 250 bln yuan trade-in subsidy allocation has been released, which, together with local and corporate consumption drives, should

China's auto production and sales fell slightly in Jan–Sep, with a cooling domestic market but strong export growth, the Industry Association said. New energy vehicle (NEV) sales share continued to rise. For Q4 the association expects the sector to remain broadly stable; exports are expected to keep growing and full-year exports could exceed 10.0 mln vehicles. The full 250 bln yuan trade-in subsidy allocation has been released, which, together with local and corporate consumption drives, should boost policy transmission and help narrow the domestic sales decline.