Car sales in China surged 30 percent year-on-year to 2.5 million in January of 2021, the tenth straight month of increase, as the automobile industry's recovery further from the coronavirus pandemic. Sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles soared 239 percent from a year earlier to 179 thousand units. For 2021, China Association of Automobile Manufacturers expects car sales to rise by around 4 percent to 26.3 million, as expected in December 2020. 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 February of 2021.

Total Vehicle Sales in China is expected to be 2400000.00 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 2650000.00 in 12 months time. In the long-term, the China Total Vehicle Sales is projected to trend around 2650000.00 in 2022, according to our econometric models.

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China Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
2500000.00 2830000.00 3060271.00 88416.00 1997 - 2021 Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-11 06:50 AM Oct 12.5% 12.8% 10.5%
2020-12-11 06:15 AM Nov 12.6% 12.5% 11.5%
2021-01-13 06:30 AM Dec 6.4% 12.6% 12%
2021-02-09 06:30 AM Jan 30% 6.4% 6%


News Stream
China Car Sales Jump 30% in January
Car sales in China surged 30 percent year-on-year to 2.5 million in January of 2021, the tenth straight month of increase, as the automobile industry's recovery further from the coronavirus pandemic. Sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles soared 239 percent from a year earlier to 179 thousand units. For 2021, China Association of Automobile Manufacturers expects car sales to rise by around 4 percent to 26.3 million, as expected in December 2020.
2021-02-09
China Car Sales Rise 6.4% in December
Car sales in China grew 6.4 percent year-on-year to 2.83 million in December 2020, the ninth straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. For the full year of 2020, car sales fell 1.9 percent to 25.3 million from 2019, the third consecutive of decline in car sales. Sales of passenger vehicles dropped 6 percent in 2020, while that of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles jumped 11 percent from a year earlier to 1.37 million units. On the other hand, commercial vehicles, which constitute around a quarter of the overall market, sales surged 19 percent, driven by government investment in infrastructure and as buyers upgraded to comply with tougher emissions rules. China Association of Automobile Manufacturers expects car sales to rise by around 4 percent to 26.3 million in 2021.
2021-01-13
China Car Sales Rise 12.6% YoY in November
Car sales in China increased 12.6 percent year-on-year to 2.77 million in November 2020, the eight straight month of increase, as the vehicle market comes off lows hit during the coronavirus lockdown. Meantime, sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles surged 104.9 percent to 200,000, the fifth straight month of increase. Considering the first eleven months of 2020, car sales fell 2.9 percent from a year earlier, compared to a 9.1 percent drop in the same period of 2019. China Association of Automobile Manufacturers expects car sales this year of more than 20 million passenger vehicles and 5 million commercial vehicles, which include trucks and buses. China sold 25.77 million vehicles last year. Meanwhile, sales of new energy vehicles are expected to be around 1.3 million this year, up from 1.2 million units in 2019.
2020-12-11
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 Total Vehicle Sales
In China, Total Vehicle Sales refers to the number of automobiles sold in a given month.