Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's passenger vehicle sales slide for six consecutive months

December 11, 2018


Abstract : China's passenger vehicle sales have been shrinking for six consecutive months, data from the China Passenger Car Association (CPCA) showed Monday.

BEIJING, Dec. 10 (Xinhua) -- China's passenger vehicle sales have been shrinking for six consecutive months, data from the China Passenger Car Association (CPCA) showed Monday.

About 2.02 million passenger vehicles were sold last month, down 18 percent year on year, according to the CPCA data.

The accumulative sales of vehicles amounted to 20.15 million from January to November, down 4 percent compared with the same period last year.

Sales of new energy passenger vehicles, however, saw a 57.8-percent rise, amounting to 129,000 last month.

China is the world's largest auto market and also the fastest-growing market for new energy vehicles, thanks to the government's preferential policies to boost clean energy use to curb pollution. 

Scan the QR code and push it to your mobile phone

Keyword: new-energy-vehicles vehicle-sale

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial