Auto sales in China dropped by 17.8 percent year-on-year to 1.8 million units in August of 2021, a 4th consecutive month of decline, as a global shortage of semiconductors continued to hurt the auto sector. Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids, and hydrogen fuel-cell vehicles, surged 181.9 percent to 321,000 units. Considering the first seven months of the year, auto sales in China increased 13.7 percent to 14.76 million. source: China Association of Automobile Manufacturers
Total Vehicle Sales in China averaged 1166156.46 Units from 1997 until 2021, reaching an all time high of 3060271 Units in December of 2017 and a record low of 88416 Units 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 2021.
Total Vehicle Sales in China is expected to be 1980000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Total Vehicle Sales is projected to trend around 2150000.00 Units in 2022 and 2050000.00 Units in 2023, according to our econometric models.