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.

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China Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
1800000.00 1863550.00 3060271.00 88416.00 1997 - 2021 Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-11 06:00 AM May -3.1% 8.6% 5%
2021-07-09 06:00 AM Jun -12.4% -3.1% -5%
2021-08-11 06:30 AM Jul -11.9% -12.4% -15%
2021-09-10 06:00 AM Aug -17.8% -11.9% -10%


News Stream
China Vehicle Sales Fall for 4th Month
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.
2021-09-10
China Auto Sales Fall for 3rd Month
Auto sales in China dropped by 11.9 percent year-on-year to 1.86 million units in July 2021, a third consecutive month of decline, as a global shortage of semiconductors continued to hurt the auto sector. Sales of passenger cars fell 7.0 percent from a year earlier to 1.55 million. Meanwhile, sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids, and hydrogen fuel-cell vehicles, surged 164.4 percent to 271,000 units. Considering the first seven months of the year, auto sales in China increased 19 percent to 14.76 million.
2021-08-11
Chip Shortage Drags China Auto Sales Down
Auto sales in China were down 12.4 percent year-on-year to 2.02 million units in June of 2021, the second consecutive month of decline, as a global shortage of semiconductors continued to hurt the auto sector. Meanwhile, sales of new energy vehicles (NEVs) including battery-powered electric vehicles, plug-in petrol-electric hybrids, and hydrogen fuel-cell vehicles jumped 139.3 percent to 256,000 units. Considering the first six months of the year, auto sales in China increased 25.6 percent to 12.89 million vehicles.
2021-07-09
China Car Sales Fall for 1st Time in 14 Months
China's auto sales dropped 3.1 percent year-on-year to 2.13 million units in May 2021, the first monthly decline in 14 months, amid a global chip shortage and surging raw material prices. Sales of passenger cars fell 1.7 percent from a year earlier to 1.7 million. Meanwhile, sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, surged 159.7 percent from a year earlier to 217,000 units. In the first five months of the year, auto sales jumped 36.6 percent from a year earlier to 10.88 million, with passenger cars surging 38.1 percent to 8.44 million, while those of NEVs jumping by 224.2 percent. China Association of Automobile Manufacturers earlier expected China's overall car sales to grow 6.5 percent this year.
2021-06-11

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