China's largest automobile market, China's new car sales over the last year fell 1.9% year-on-year due to the spread of the new coronavirus infection.
The recovery has continued recently, and industry groups expect sales to turn up this year.
According to an announcement by a Chinese industry group, sales of new cars over the last year were 25,311,000 units.
This was 1.9% less than the previous year, the third consecutive year of decline.
Breaking it down, passenger cars were 20178,000 units, down 6% from the previous year, while commercial vehicles such as trucks were 5,133,000 units, an increase of 18.7%.
In addition, the number of "new energy vehicles" such as electric vehicles increased by 10.9% from the previous year to 1,367,000 units, the highest ever.
New car sales in China temporarily fell sharply due to the spread of the new coronavirus infection.
However, since April last year, it has begun to recover due to the effects of subsidies from local governments and the expansion of government infrastructure investment, and industry groups have said that the number of vehicles sold will increase by 4% to exceed 26 million units. I'm expecting it.
On the other hand, regarding the global shortage of semiconductors and the continuous movement among automobile manufacturers to cut production, industry groups said, "Since last month, there has been a shortage of semiconductors in China, and we investigated each company. It could have a big impact on the quarter, "he said.