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Asian Viewpoints

China Sep automobile production and sales rise by 19.1% and 17.4% on month

According to the data from the China Association of Automobile Manufacturers, in September 2020, the automobile market entered the traditional peak season, with production and sales of more than 2.5 million vehicles, a record high for the year, registering rapid growth both on a month-on-month basis and on a year-on-year basis.

In September, the production and sales of automobiles were 2.524 million and 2.565 million respectively, up 19.1% and 17.4% month on month, and up 14.1% and 12.8% respectively year on year. As of September, automobile production and sales have been increasing for six consecutive months.

From January to September, the production and sales of automobiles were 16.957 million and 17.116 million, respectively, down 6.7% and 6.9% year on year.

Among them, the production and sales of new energy vehicles in September were 136,000 and 138,000 respectively, with a year-on-year increase of 48.0% and 67.7%.

Due to the government's support for new energy vehicles and the strong measures taken by enterprises, the scale of the new energy vehicles market has increased steadily. However, from January to September, the production and sales of new energy vehicles were 738,000 and 734,000, respectively, down 18.7% and 17.7% year-on-year.

Beijing : Energy Desk  霍 智慧   +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.