Automotive Sep 12, 2020 09:26 AM (GMT+8) · EqualOcean
The latest sales data released on September 10 by the China Automobile Association showed that the production and sales of automobiles in August were 2.119 million and 2.186 million respectively, with output falling by 3.7% from the previous month. Sales volume increased by 3.5% month-on-month and 11.6% year-on-year. From January to August this year, automobile production and sales were 14.432 million vehicles and 14.551 million vehicles, down 9.6% and 9.7% year-on-year. From January to August, the production and sales of passenger vehicles were 11.176 million and 11.288 million, down 15.5% and 15.4% year-on-year, and the rate of decline narrowed by 2.3% and 3.0% from January to July. The production and sales of new energy vehicles once again exceeded 100,000. The production and sales in August reached 106,000 and 109,000 respectively, an increase of 6.0% and 11.7% from the previous month, and an increase of 17.7% and 25.8% from the previous year, setting a new historical record for a month. From January to August, the production and sales of new energy vehicles were 602,000 and 596,000, a year-on-year decrease of 26.2% and 26.4%, respectively.

This text is a result of machine translation.