Auto woes continue as September sales plunge
Auto sales in China fell for the 15th consecutive month in September, data from the country鈥檚 biggest auto industry association showed.
Total auto sales fell 5.2 percent from the same month a year earlier to 2.27 million vehicles, the China Association of Automobile Manufacturers said yesterday.
That followed declines of 6.9 percent in August and 4.3 percent in July.
September and October, nicknamed 鈥淕olden September, Silver October鈥 by China鈥檚 auto insiders, are regarded as the high season for auto sales in the country, with customers traditionally returning to make purchases after summer.
The association had previously said it expected sales in the second half to improve but that overall annual sales would fall 5 percent year-on-year to 26.68 million vehicles in 2019.
鈥淪ales have risen in the second half but they have not hit expectations and the pace has been slow,鈥 said Chen Shihua, CAAM assistant secretary general.
Fifteen cities and provinces, which account for over 60 percent of car sales in China, implemented new vehicle emission standards earlier than the central government鈥檚 2020 deadline, hurting sales particularly of traditional-fuel vehicles, according to CAAM, analysts, dealers and consumers.
However, China鈥檚 new energy vehicle sales and output posted robust growth in the January-September period against the backdrop of a sluggish broader automobile sector, data from CAAM showed yesterday.
The country saw a total of 872,000 NEVs sold in the first nine months of 2019, up 20.8 percent year-on-year, while production surged 20.9 percent to 888,000 units, data showed.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.