China - Insgesamt Vehicle Sales

Vehicles sales in China dropped 3.6 percent from a year ago to 2.46 million units in November 2019, marking the 17th consecutive month of decline, as local governments accelerated changes to emission standards this year. Sales of new energy vehicles (NEVs), including plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells, decreased for a fifth month in a row (-43.7 percent), after the government reduced incentives for purchases of such cars amid criticism that some firms have become overly reliant on the funds. China's car sales fell last year for the first time since the 1990s due to slowing economic growth and ongoing trade tensions with the US.

Vehicles sales in China fell 4 percent from a year ago in October 2019, marking the 16th consecutive month of decline. Sales of new energy vehicles (NEVs) decreased for the fourth straight month (-45.6 percent), after the government reduced incentives for purchases of such cars.

Vehicles sales in China fell 5.2 percent from a year ago to 2.27 million units in September 2019, marking the 15th consecutive month of decline. It was the lowest figure for a September month since 2015, as sales of new energy vehicles (NEVs) decreased for the third straight month (-34.2 percent to 80,000 units), after the government reduced incentives for purchases of such cars. Also, sales of passenger vehicles fell 6.3 percent to 1.931 million while those of commercial vehicles went up 1.9 percent to 340,000. Considering the first nine months of the year, vehicles sales declined 10.3 percent to 18.37 million units compared with the same period a year ago.

Vehicles sales in China fell 6.9 percent for a year earlier to 1.96 million units in August 2019, marking the 14th consecutive month of decline. Sales of new energy vehicles (NEVs) dropped for the second straight month (-15.8 percent to 85,000 units), mainly due to the subsidies cut on new energy cars. Also, sales of passenger vehicles went down 7.7 percent to 1.653 million and those of commercial vehicles decreased 2.8 percent to 305,000. Considering the first seven months of the year, vehicles sales decreased 11 percent compared with the same period a year ago.

Vehicles sales in China decreased 4.3 percent from a year earlier in July 2019, the 13th consecutive month of decline, as the economy slows further amid the trade spat with the US. Sales of new energy vehicles (NEVs) tumbled 4.7 percent to 80,000 units, the first yearly drop in more two years, following China's move to cut NEV subsidies last month.

Vehicles sales in China dropped 9.6 percent from a year earlier to 2.06 million units in June 2019, marking the 12th consecutive month of decline. Sales of passenger vehicles fell 7.8 percent to 1.728 million and those of commercial vehicles decreased 17.8 percent to 329,000. On the other hand, sales of new energy vehicles (NEVs) jumped 80 percent to 152,000 units. Considering the first half of the year, vehicles sales fell 12.4 percent while new energy vehicle sales went up 49.6 percent over the same period of 2018.