Vehicles sales in China rose 4.4 percent year-on-year to 2.07 million in April 2020, the first increase since June 2018, 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 tenth straight month to 72,000 units. For 2020 full year, the number will likely drop by as much as 25 percent if the pandemic continues. Even if China contains the outbreak effectively, the country's auto sales are expected to decline 15 percent this year, from over 25 million units in 2019, the China Association of Automobile Manufacturers (CAAM) said.

Total Vehicle Sales in China averaged 1103963.84 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 June of 2020. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China is expected to be 2000000.00 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 2550000.00 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
2070000.00 1430217.00 3060271.00 88416.00 1997 - 2020 Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-13 06:30 AM Jan -18.7% -0.1% -25%
2020-03-12 06:40 AM Feb -79% -18.7% -60%
2020-04-10 06:05 AM Mar -43.3% -79% -52%
2020-05-11 06:15 AM Apr 4.4% -43.3% -36%


News Stream
China Vehicle Sales Rise for 1st Time in 2 Years
Vehicles sales in China rose 4.4 percent year-on-year to 2.07 million in April 2020, the first increase since June 2018, 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 tenth straight month to 72,000 units. For 2020 full year, the number will likely drop by as much as 25 percent if the pandemic continues. Even if China contains the outbreak effectively, the country's auto sales are expected to decline 15 percent this year, from over 25 million units in 2019, the China Association of Automobile Manufacturers (CAAM) said.
2020-05-11
China Vehicle Sales Fall at a Slower Pace
Vehicles sales in China declined 43.3 percent year-on-year to 1.428 million in March of 2020, following a 79 percent plunge in the previous month, which was the steepest yearly decline on record, as the coronavirus outbreak hurt demand. Still, March marked the 21st month of decline in vehicle sales. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells fell for a ninth straight month to 53,000 units. The China Association of Automobile Manufacturers (CAAM) expects that vehicles sales will decrease by more than 10 percent in the first half of the year, and around 5 percent in 2020 full year, if the outbreak is effectively contained before April.
2020-04-10
China Vehicle Sales Plunge 79% in February
Vehicles sales in China tumbled 79 percent from a year ago to 310,000 units in February 2020, the steepest yearly decline on record, as the coronavirus outbreak hurt demand. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells fell for an eighth straight month. The China Association of Automobile Manufacturers (CAAM) expects that vehicles sales will decrease by more than 10 percent in the first half of the year, and around 5 percent in 2020 full year, if the outbreak is effectively contained before April. Vehicle sales will return to normal in the third quarter. Meanwhile, automakers in China have called for cuts to the purchase tax on smaller vehicles, measures to support sales in rural markets and an easing of car emission requirements.
2020-03-12
China Vehicle Sales Drop for 19th Month
Vehicles sales in China dropped 18.7 percent from a year ago to 1.9 million units in January 2020, worse than market forecasts of an 18 percent fall, and marking the 19th consecutive month of decline amid Lunar New Year holidays and the coronavirus outbreak. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells, went down 51.6 percent, the seventh straight decrease. The China Association of Automobile Manufacturers said auto sales and production will be highly affected by the epidemic.
2020-02-26

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