Vehicles sales in China fell 0.1 percent from a year ago to 2.66 million units in December 2019, the 18th consecutive month of decline, as local governments accelerated changes to emission standards this year. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells, decreased for a sixth month in a row (-27.4 percent), after the government reduced incentives for purchases of such cars amid criticism that some firms have become overly reliant on the funds. For the full year of 2019, sales dropped 8.2%, with sales of NEV dropping 4 percent to 1.24 million units. The China Association of Automobile Manufacturers expects a 2 percent fall in vehicle sales in 2020. China's car sales fell last year for the first time since the 1990s due to slowing economic growth and ongoing trade tensions with the US.

Total Vehicle Sales in China averaged 1099178.29 from 1997 until 2019, 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. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China is expected to be 2450000.00 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 2020, according to our econometric models.


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China Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
2659000.00 2456879.00 3060271.00 88416.00 1997 - 2019 Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-14 06:00 AM Sep -5.2% -6.9% -4.4%
2019-11-11 06:35 AM Oct -4% -5.2%
2019-12-10 07:00 AM Nov -3.6% -4% -3.6%
2020-01-13 06:15 AM Dec -0.1% -3.6% -3.0%


News Stream
2019-12-10
China Auto Sales Fall for 17th Straight Month
Vehicles sales in China dropped 3.6 percent from a year ago to 2.46 million units in November 2019, marking the 17th consecutive month of decline, as local governments accelerated changes to emission standards this year. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells, decreased for a fifth month in a row (-43.7 percent), after the government reduced incentives for purchases of such cars amid criticism that some firms have become overly reliant on the funds. China's car sales fell last year for the first time since the 1990s due to slowing economic growth and ongoing trade tensions with the US.

2019-11-11
China Vehicle Sales Fall for 16th Month
Vehicles sales in China fell 4 percent from a year ago in October 2019, marking the 16th consecutive month of decline. Sales of new energy vehicles (NEVs) decreased for the fourth straight month (-45.6 percent), after the government reduced incentives for purchases of such cars.

2019-10-14
China Vehicle Sales Slump for 15th Straight Month
Vehicles sales in China fell 5.2 percent from a year ago to 2.27 million units in September 2019, marking the 15th consecutive month of decline. It was the lowest figure for a September month since 2015, as sales of new energy vehicles (NEVs) decreased for the third straight month (-34.2 percent to 80,000 units), after the government reduced incentives for purchases of such cars. Also, sales of passenger vehicles fell 6.3 percent to 1.931 million while those of commercial vehicles went up 1.9 percent to 340,000. Considering the first nine months of the year, vehicles sales declined 10.3 percent to 18.37 million units compared with the same period a year ago.

2019-09-11
China Vehicle Sales Fall for 14th Straight Month
Vehicles sales in China fell 6.9 percent for a year earlier to 1.96 million units in August 2019, marking the 14th consecutive month of decline. Sales of new energy vehicles (NEVs) dropped for the second straight month (-15.8 percent to 85,000 units), mainly due to the subsidies cut on new energy cars. Also, sales of passenger vehicles went down 7.7 percent to 1.653 million and those of commercial vehicles decreased 2.8 percent to 305,000. Considering the first seven months of the year, vehicles sales decreased 11 percent compared with the same period a year ago.

2019-08-12
China Vehicle Sales Fall for 13th Month
Vehicles sales in China decreased 4.3 percent from a year earlier in July 2019, the 13th consecutive month of decline, as the economy slows further amid the trade spat with the US. Sales of new energy vehicles (NEVs) tumbled 4.7 percent to 80,000 units, the first yearly drop in more two years, following China's move to cut NEV subsidies last month.

2019-07-10
China Car Sales Fall for 12th Straight Month
Vehicles sales in China dropped 9.6 percent from a year earlier to 2.06 million units in June 2019, marking the 12th consecutive month of decline. Sales of passenger vehicles fell 7.8 percent to 1.728 million and those of commercial vehicles decreased 17.8 percent to 329,000. On the other hand, sales of new energy vehicles (NEVs) jumped 80 percent to 152,000 units. Considering the first half of the year, vehicles sales fell 12.4 percent while new energy vehicle sales went up 49.6 percent over the same period of 2018.


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

China Business Last Previous Highest Lowest Unit
Business Confidence 50.20 50.20 59.20 38.80 points [+]
Services PMI 52.50 53.50 54.70 50.00 points [+]
Manufacturing PMI 51.50 51.80 52.30 47.20 points [+]
Non Manufacturing PMI 53.50 54.40 62.20 50.80 percent [+]
Industrial Production 6.90 6.20 29.40 -21.10 percent [+]
Industrial Production Mom 0.58 0.66 1.32 0.13 percent [+]
Manufacturing Production 7.00 6.30 11.40 4.30 percent [+]
New Orders 51.20 51.30 65.10 32.30 points [+]
Changes in Inventories 15873.10 14586.00 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 2659000.00 2456879.00 3060271.00 88416.00 [+]
Car Production 2185380.00 2163000.00 2669100.00 215533.00 Units [+]
Car Registrations 2213089.00 2057000.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Mining Production 5.60 5.70 8.10 -3.80 percent [+]
Steel Production 80287.00 81521.00 89091.00 4918.00 Thousand Tonnes [+]
Capacity Utilization 77.50 76.40 78.00 72.90 percent [+]
Competitiveness Index 73.90 72.61 73.90 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 52.60 53.20 53.70 48.00 points [+]
Cement Production 19935.00 22487.40 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 41.00 39.00 41.00 21.60 Points [+]
Corruption Rank 80.00 87.00 100.00 40.00 [+]
Corporate Profits 5610070.00 5015100.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 31.00 46.00 99.00 31.00 [+]
Electricity Production 654400.00 589000.00 668200.00 41760.00 Gigawatt-hour [+]