In July, the automobiles witnessed decline on monthly basis, but kept growth yearly. This month, the production and sales of automobiles in China reached 2,059,000 and 1,971,000 units respectively, down 5% and 9.2% than that of last month, but up 4.8% and 6.2% year on year.
For the first seven months, the production and sales of automobiles were 15,585,000 and 15,325,000 units respectively, up 4.7% and 4.1% year on year, 4.3 percentage points and 5.7 percentage points lower than the same period last year. Comparing with the first six months, the accumulative growth increased 0.1 percentage points and 0.3 percentage points respectively.