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%. 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 1259803.87 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 November 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 2510000.00 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.