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.