Vehicle sales in China fell 1.4 percent year-on-year to 2.387 million units in July 2023, following a 4.8 percent rise in the previous month, according to data from the China Association of Automobile Manufacturers (CAAM). It was the first decline since January, due to a low base comparison from July last year, in conjunction with the off-season of the traditional auto market. Meanwhile, domestic sales dropped 6.3 percent to 1.995 million units, while export sales increased 35.1 percent to 0.392 million units. Considering the January-July period, automobile sales advanced 7.9 percent to 15.626 million units. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China averaged 1245654.69 Units from 1997 until 2023, reaching an all time high of 3060271.00 Units in December of 2017 and a record low of 88416.00 Units in January of 1998. This page provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Total Vehicle Sales in China is expected to be 2490000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Total Vehicle Sales is projected to trend around 2780000.00 Units in 2024 and 2900000.00 Units in 2025, according to our econometric models.

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China Total Vehicle Sales



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-09 08:00 AM Jun 0.14% 27.9% 18.0%
2023-08-11 02:00 AM Jul -1.4% 4.8% -3.0%
2023-09-09 07:00 AM Aug -1.4%


Related Last Previous Unit Reference
Car Registrations 2100000.00 2268000.00 Units Jul 2023
Car Production 2115000.00 2219000.00 Units Jul 2023
Total Vehicle Sales 2387000.00 2622000.00 Units Jul 2023

China Total Vehicle Sales
In China, Total Vehicle Sales refers to the number of automobiles sold in a given month.
Actual Previous Highest Lowest Dates Unit Frequency
2387000.00 2622000.00 3060271.00 88416.00 1997 - 2023 Units Monthly
NSA

News Stream
China Vehicle Sales Fall 1.4% in July
Vehicle sales in China fell 1.4 percent year-on-year to 2.387 million units in July 2023, following a 4.8 percent rise in the previous month, according to data from the China Association of Automobile Manufacturers (CAAM). It was the first decline since January, due to a low base comparison from July last year, in conjunction with the off-season of the traditional auto market. Meanwhile, domestic sales dropped 6.3 percent to 1.995 million units, while export sales increased 35.1 percent to 0.392 million units. Considering the January-July period, automobile sales advanced 7.9 percent to 15.626 million units.
2023-08-11
China Vehicle Sales Inch Higher in June
Vehicle sales in China edged up 0.14 percent year-on-year to 2.51 million units in June of 2023 after climbing 27.9 percent a month earlier, according to data from the China Association of Automobile Manufacturers (CAAM). Considering the first half of the year, automobile sales grew by 8.84 percent from the same period the year before to 13.12 million units.
2023-07-09
China Vehicle Sales Continue to Rise
Vehicle sales in China increased 27.9% year-on-year to 2.382 million units in May of 2023, following an 82.7% surge in the previous month, according to data from the China Association of Automobile Manufacturers (CAAM). Sales of new energy vehicles jumped 60.2%. Considering the first four months of the year, total car sales rose 11.1% to 10.62 million units and those of new energy vehicles jumped 46.8%.
2023-06-09