In June, the sales and production of automobiles witnessed decline both monthly and yearly, of which the sales fell even more. And the inventory continued to rise.
This month, the production and sales of automobiles in China reached 1,850,800 and 1,803,100 units respectively, down 5.8% and 5.3% than that of last month, and down 0.2% and 2.3% year on year. For the first half, the production and sales of automobiles were 12,095,000 and 11,850,300 units respectively, up 2.6% and 1.4% year on year. However, the monthly cumulative growth continued to decline. Their growth rates both decreased 7 percentage points than the previous year.