In 2018, China automotive industry faced big pressures. The growth came in below expectations early this year, with the slowdown of the major industrial indicators. On one hand, the market was affected by the end of purchase tax cut. On the other hand, it would still face pressures in the short run due to the factors of macroeconomic fallout, Sino-US trade war and consumer confidence. Currently, there is still room for growth since China automotive industry in popularizing period. It has entered into a new stage characterized by brand oriented and high-speed development. 

　　This year, the production and sales of automobiles were 27,809,000 and 28,081,000 units respectively, down 4.2% and 2.8% year on year.

　　For the first half, except for the February, others all enjoyed growth in sales comparing with a year earlier. While for the next half, the negative growth occurred in succession. The growth rate of the whole year decreased to 2.8%. The continuous decline of the accumulated growth rate in the next half made great pressures on the overall.