China's auto sales rose 74.9 percent year-on-year to 2.53 million units in March 2021, a 12th consecutive month of gains, as the world's largest car market consolidates its recovery from last year's contraction. Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, increased 238.9 percent from a year earlier to 226,000 units. In the January-March period, auto sales rose 75.6 percent from a year earlier to 6.48 million units. The China Association of Automobile Manufacturers (CAAM) said the industry body expects the chip supply shortage to have bigger negative impact on China's auto production in the second quarter than in the first. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China averaged 1151627.95 from 1997 until 2021, 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 May of 2021.

Total Vehicle Sales in China is expected to be 2580000.00 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 2320000.00 in 12 months time. In the long-term, the China Total Vehicle Sales is projected to trend around 2150000.00 in 2022 and 2050000.00 in 2023, according to our econometric models.

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China Total Vehicle Sales

Actual Previous Highest Lowest Dates Unit Frequency
2525691.00 1454806.00 3060271.00 88416.00 1997 - 2021 Units Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 06:30 AM Dec 6.4% 12.6% 12%
2021-02-09 06:30 AM Jan 30% 6.4% 6%
2021-03-11 06:30 AM Feb 365% 30% 14%
2021-04-09 06:20 AM Mar 74.9% 365% 50%


News Stream
China Vehicle Sales Rise for 12th Month
China's auto sales rose 74.9 percent year-on-year to 2.53 million units in March 2021, a 12th consecutive month of gains, as the world's largest car market consolidates its recovery from last year's contraction. Sales of new energy vehicles (NEVs), including battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, increased 238.9 percent from a year earlier to 226,000 units. In the January-March period, auto sales rose 75.6 percent from a year earlier to 6.48 million units. The China Association of Automobile Manufacturers (CAAM) said the industry body expects the chip supply shortage to have bigger negative impact on China's auto production in the second quarter than in the first.
2021-04-09
China Car Sales Surge 365% in February
Car sales in China jumped 365 percent year-on-year to 1.455 million in February of 2021, the eleventh straight month of increases, as the automobile industry's recovered further from the coronavirus crisis. Sales of new energy vehicles (NEVs), which include battery-powered electric, plug-in hybrid and hydrogen fuel-cell vehicles surged 585 percent from a year earlier to 110 thousand units. Considering the first two months of the year, car sales totaled 3.958 million units, up 76.9 percent year-on-year. For 2021, the China Association of Automobile Manufacturers expects car sales to rise by around 4 percent, but has warned that a shortage of certain auto chips may start to hit production at some Chinese firms at the beginning of the year.
2021-03-11
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 Total Vehicle Sales
In China, Total Vehicle Sales refers to the number of automobiles sold in a given month.