The production and sales of passenger cars kept a stable growth on yearly basis
2014/11/17

In October, the production and sales of passenger cars were 1,757,800 and 1,708,900 units respectively, up 1.9% and 0.8% than that of last month, and up 10.4% and 6.4% year on year. The growth in production were 1 percentage point higher than that of last month, while sales in line with last month. Generally speaking, a stable growth was witnessed. 
        For the first ten months, the production and sales of passenger cars reached 16,143,900 and 15,864,400 units respectively, up 11.2% and 9.8% year on year.
        As for the first ten months by type, SUV and MPV significantly increased, both exceeding 30%, of which the production and sales of SUV were up 35.8% and 33.7%, and such figures for MPV were even up 52.6% and 49.6%. While the growth rates of the production and sales of cars remained 5% and 3.5% respectively. What’s worse, the production and sales of crossed passenger cars decreased by 17.9% and 16%.