The growth of passenger cars went down
2017/02/22

In January, the production and sales of passenger cars reached 2,072,000 and 2,218,000 units respectively, down 4.2% and 1.1% year on year, 0.3 percentage points and 1.3 percentage points lower than the overall growth of automobiles.
    As for the passenger cars by type, comparing with the same period of last year, SUV continued growth, but speed slowed down, of which the production and sales were up 9.0% and 10.5%. While for cars, the production and sales witnessed decline, down 6.7% and 3.0%. MPV also decreased, down 23.7% and 21.1% respectively. Moreover, the situation of crossed passenger cars was even worse, of which such figures decreased by 37.6% and 28.4%.
    This month, the growth of passenger cars with engine capacity of 1.6L and below slowed down. The sales volume reached 1,588,000 units, up 1.3% year on year, 1.7 percentage points higher than the same period last year. The sales accounted for 71.6% of the total sales of passenger cars.