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. source: China Association of Automobile Manufacturers
Total Vehicle Sales in China averaged 1161661.68 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 August of 2021.
Total Vehicle Sales in China is expected to be 2580000.00 Units 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 2210000.00 in 12 months time. 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.