Car sales in China increased 12.4 percent year-on-year to 2.57 million in October 2020, the seventh straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Sales of trucks, vans and other commercial vehicles, which account for around a quarter of overall market, jumped 30 percent, driven by government investment in infrastructure and as buyers upgraded to comply with tougher emissions rules, while sales of passenger vehicles were up 9 percent. Meantime, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles surged 105 percent to 160,000, the third straight month of increase. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China averaged 1124441.15 from 1997 until 2020, reaching an all time high of 3060271 in December of 2017 and a record low of 88416 in January of 1998. This page provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Total Vehicle Sales in China is expected to be 2350000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in China to stand at 2580000.00 in 12 months time. In the long-term, the China Total Vehicle Sales is projected to trend around 2650000.00 in 2021, according to our econometric models.

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China Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
2570000.00 2565000.00 3060271.00 88416.00 1997 - 2020 Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-11 02:15 AM Jul 16.4% 11.6% 15%
2020-09-10 06:35 AM Aug 11.6% 16.4% 18%
2020-10-13 06:00 AM Sep 12.8% 11.6% 10.5%
2020-11-11 06:50 AM Oct 12.5% 12.8% 10.5%
2020-12-14 06:00 AM Nov 12.5%
2021-01-13 06:15 AM Dec
2021-02-13 06:30 AM Jan
2021-03-12 06:40 AM Feb


News Stream
China Car Sales Rise 12.5% YoY in October
Car sales in China increased 12.4 percent year-on-year to 2.57 million in October 2020, the seventh straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Sales of trucks, vans and other commercial vehicles, which account for around a quarter of overall market, jumped 30 percent, driven by government investment in infrastructure and as buyers upgraded to comply with tougher emissions rules, while sales of passenger vehicles were up 9 percent. Meantime, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles surged 105 percent to 160,000, the third straight month of increase.
2020-11-11
China Car Sales Rise 12.8% in September
Car sales in China increased 12.8 percent year-on-year to 2.57 million in September 2020, the sixth straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Sales of trucks, vans and other commercial vehicles, which account for around a quarter of overall market, surged 40 percent while sales of passenger vehicles were up 8 percent. Meanwhile, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles jumped 67.7 percent to 138,000, the second straight month of increase. Considering January to September, sales decreased 6.9 percent to 17.12 million vehicles.
2020-10-13
China Car Sales Rise 11.6% in August
Car sales in China increased 11.6 percent year-on-year to 2.19 million in August 2020, the fifth straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Sales of trucks, vans and other commercial vehicles, which account for around a quarter of overall market, surged 41.6 percent while sales of passenger vehicles were up 6 percent. Meanwhile, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles jumped 25.8 percent to 109,000, the second straight month of increase. Considering January to August, sales decreased 9.7 percent to 14.55 million vehicles. For 2020, China’s vehicle sales are expected to drop around 11 percent from a year earlier to 1.1 million.
2020-09-10
China Vehicle Sales Rise for 4th Straight Month
Car sales in China jumped 16.4 percent year-on-year to 2.11 million in July 2020, the fourth straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Sales of trucks, vans and other commercial vehicles, which account for nearly a quarter of overall market, jumped 59.4 percent while sales of passenger vehicles went up 8.5 percent. Meanwhile, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles surged 19.3 percent to 98,000, the first increase in 13 months. Considering January to July, sales declined 12.7 percent to 12.37 million vehicles. For 2020, China’s vehicle sales are expected to drop between 10-20 percent.
2020-08-11

China Total Vehicle Sales
In China, Total Vehicle Sales refers to the number of automobiles sold in a given month.