China's auto sales plunged 47.6% year-on-year to 1.18 million units in April of 2022, the biggest drop since March of 2020, as coronavirus curbs lowered production and kept consumers out of showrooms. Considering the first four months of 2022, auto sales fell 12% from a year earlier. On the other hand, sales of new-energy vehicles jumped 44.6% in April and 112% in January-April. source: China Association of Automobile Manufacturers
Total Vehicle Sales in China averaged 1192653.81 Units from 1997 until 2022, 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 May of 2022.
Total Vehicle Sales in China is expected to be 2110000.00 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 2050000.00 Units in 2023, according to our econometric models.