The passenger cars witnessed growth, but lower than the overall speed on yearly basis
2017/09/14

In August, the production and sales of passenger cars reached 1,790,000 and 1,875,000 units respectively, up 1.8% and 11.7% than that of last month, and up 3.6% and 4.1% year on year, 1.3 percentage points and 1.2 percentage points lower than the overall growth.
  For the first eight months, the production and sales of passenger cars were 15,031,000 and 14,807,000 units respectively, up 3.1% and 2.2% year on year, 1.6 percentage points and 2 percentage points lower than the overall growth. As for the passenger cars by type, comparing with the same period last year, except that SUV continued growth, of which the production and sales were up 17.4% and 17.1%, others all witnessed decline. To be specific, the production and sales of cars were down 1.2% and 2.2% respectively. For MPV, the production and sales were down 14.6% and 16.2%. The situation of crossed passenger cars was even worse, of which such figures decreased by 30.3% and 27.2%.
  In August, the sales of passenger cars with engine capacity of 1.6L and below reached 1,268,000 units, down 0.5% year on year. The sales accounted for 67.6% of the total sales of passenger cars, 3.2 percentage points lower than the same period last year.
  For the first eight months, the sales of passenger cars with engine capacity of 1.6L and below reached 10,084,000 units, down 2.1% year on year, 3 percentage points lower than the same period last year, accounting for 68.1% of the total sales of passenger cars.