The sales and production grow rapidly
2016/11/03

In September, the sales and production of automobiles witnessed increase than that of last month. Comparing with the same period of last year, the sales and production also continued to increase, of which the growth rates were more than 20% due to a relatively low contrast base, and another reason was the expire of tax preferential policy at the end of this year, in addition uncertain policy future caused part consumer purchases in advance.
        This month, the production and sales of automobiles in China reached 2,531,000 and 2,564,000 units respectively, up 26.8% and 23.5% than that of last month, and up 32.8% and 26.1% year on year, 38.5 percentage points and 24.1 percentage points higher than that of the same period last year.
        For the first nine months, the production and sales of automobiles were 19,422,000 and 19,360,000 units respectively, up 13.3% and 13.2% year on year, 14.1 percentage points and 12.9 percentage points higher than the same period last year.