New car sales in China surpassed the previous year for 3 consecutive months July 10 19:36
China's new vehicle sales increased by more than 10% from the same month last year for the third consecutive month, as the sales of commercial vehicles such as trucks increased significantly due to the restart of economic activity. have become.
According to the announcement by the China Automobile Manufacturers Association, which is made by a Chinese automobile manufacturer, the number of new cars sold in China last month was 2.3 million, an increase of 11.6% compared to the same month last year.
New car sales surpassed the previous year for the third consecutive month, a double-digit increase following the previous month.
By vehicle type, passenger cars increased 1.8%, and commercial vehicles such as trucks increased significantly by 63.1% to reach a record high monthly sales volume, driving the entire new vehicle market.
New car sales in China fell to nearly 80% below the previous year's level in February due to the new coronavirus.
After that, the local government tried to leverage the sales by subsidizing the replacement of new vehicles one after another, etc., and the economic activity resumed in earnest, and the demand for logistics increased, so the sales of commercial vehicles increased. It increased rapidly.
However, the industry group had a big drop in sales volume at the beginning of the year, so regarding the forecast of annual sales volume, even if the infection of the virus can be controlled to some extent, the outlook for the year is about 10% lower than last year. It hasn't collapsed.
Japanese-affiliated sales increase Toyota has double digits
Last month, Japanese automakers also sold more than three of the four major companies last year.
Of this, Toyota Motors was 172,900 units, up 22.8% from the same month last year, with double-digit growth following the previous month.
As a Japanese manufacturer, the number of sales is the highest, and the cumulative total from January to last month is 2.2% compared to the same period last year, and it is recovering.
Nissan's sales for the previous month were 136,929 units, a 4.5% increase, and Mazda's 21,002 units were a 7.3% increase.
On the other hand, Honda had 142,363 units, down 4.1% from the same month last year.
Of the two joint venture companies in China, one company based in Wuhan, Hubei Province, where the infection with the new coronavirus was the most serious, sold at 14.8%.