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.

Total Vehicle Sales in China averaged 1119369.42 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 September of 2020. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China is expected to be 2250000.00 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
2186000.00 2111803.00 3060271.00 88416.00 1997 - 2020 Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-11 06:10 AM May 14.5% 4.4% 12%
2020-07-10 06:35 AM Jun 11.6% 14.5% 14%
2020-08-11 02:15 AM Jul 16.4% 11.6% 15%
2020-09-10 06:35 AM Aug 11.6% 16.4% 18%


News Stream
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 Auto Sales Rise for 3rd Month
Car sales in China increased 11.6 percent year-on-year to 2.3 million in June 2020, recovering for the third straight month from lows hit during the coronavirus lockdowns. Sales of trucks, vans and other commercial vehicles, which account for near a quarter of overall market, jumped 63 percent while sales of passenger vehicles rose 1.8 percent. Meanwhile, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles, fell for the 12th straight month to 104,000 units.
2020-07-10
China Car Sales Rise for 2nd Month
Car sales in China surged 14.5 percent year-on-year to 2.19 million in May 2020, the second straight month of increase in auto sales, as the country loosened coronavirus-related restrictions and reopened for business. Still, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles, fell for a eleventh straight month to 82,000 units. Considering the first five months of the year, car sales plunged 22.6 percent, compared to a 13 percent drop a year earlier.
2020-06-11

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