China's vehicle sales surged 27.4% year-on-year in November 2023 to 2.97 million units, marking the fourth consecutive month of growth after rising 13.8% in October. Specifically, sales of energy vehicles soared by 30%. For the first eleven months of the year, new vehicle sales grew by 10.8% compared to the 3.3% rise recorded during the same period in 2022. Meanwhile, energy vehicle sales jumped by 36.7%. source: China Association of Automobile Manufacturers

Total Vehicle Sales in China decreased to 2853000 Units in October from 2858000 Units in September of 2023. Total Vehicle Sales in China averaged 1265098.59 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 December of 2023.

Total Vehicle Sales in China decreased to 2853000 Units in October from 2858000 Units in September of 2023. Total Vehicle Sales in China is expected to be 2580000.00 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 2480000.00 Units in 2024 and 2900000.00 Units in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

China Total Vehicle Sales


Calendar GMT Reference Actual Previous Consensus TEForecast
2023-11-10 04:00 AM
Vehicle Sales YoY
Oct 13.8% 9.5% 14.0%
2023-12-11 06:45 AM
Vehicle Sales YoY
Nov 27.4% 13.8% 18.0%
2024-01-12 07:00 AM
Vehicle Sales YoY
Dec 27.4%


Related Last Previous Unit Reference
Total Vehicle Sales 2970000.00 2853000.00 Units Nov 2023
Car Registrations 2604000.00 2488000.00 Units Nov 2023
Car Production 2705000.00 2513000.00 Units Nov 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
2970000.00 2853000.00 3060271.00 88416.00 1997 - 2023 Units Monthly
NSA

News Stream
China Car Sales Jump 27.4% in November
China's vehicle sales surged 27.4% year-on-year in November 2023 to 2.97 million units, marking the fourth consecutive month of growth after rising 13.8% in October. Specifically, sales of energy vehicles soared by 30%. For the first eleven months of the year, new vehicle sales grew by 10.8% compared to the 3.3% rise recorded during the same period in 2022. Meanwhile, energy vehicle sales jumped by 36.7%.
2023-12-11
China Car Sales Surge 13.8% in October
China's vehicle sales soared by 13.8% year-on-year in October 2023 to 2.85 million units, marking the third consecutive month of growth, boosted by a series of auto shows and promotion activities amid recent new model launches. Specifically, sales of energy vehicles jumped by 33.5%. From January to October, new vehicle sales rose by 9.1% compared to the 4.6% increase recorded during the same period in 2022. Meanwhile, energy vehicle sales surged by 37.8%.
2023-11-10
China Vehicle Sales Rise 9.5% in September
China's vehicle sales surged by 9.5% year-on-year in September 2023, marking the second consecutive month of growth, helped by increased discounts and tax incentives for environmentally friendly and electric vehicles. Specifically, sales of energy vehicles rose by 27.7%. Considering January to September, new vehicle sales grew by 8.2% compared to the 4.4% increase recorded during the same period in 2022. Notably, energy vehicle sales saw a substantial surge of 37.5% during this timeframe.
2023-10-11