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Xinhua Silk Road
Industry

Passenger-car sales in China rise in May

June 09, 2021


Abstract : Sales of passenger cars in China last month rose from a year earlier amid stable recovery of the domestic economy, an industry association said Tuesday.

Photo taken on April 19, 2021 shows an AION Y, a new energy car produced by Guangzhou Automobile Group Co., Ltd., at the 19th International Automobile Industry Exhibition (Auto Shanghai 2021) in Shanghai, east China. (Xinhua/Chen Jianli)

BEIJING, June 8 (Xinhua) -- Sales of passenger cars in China last month rose from a year earlier amid stable recovery of the domestic economy, an industry association said Tuesday.

Retail sales of passenger vehicles, including sedans, sport-utility vehicles, and multipurpose vehicles, increased 1 percent year on year to over 1.62 million units in May, data from the China Passenger Car Association shows.

The sales gained 1 percent in May from April, the association said.

Passenger-vehicle sales in the first five months reached over 8.36 million units, a 38.1-percent rise year on year and a historic high for the same period since 2011.

The association attributed the high growth to the low base effect and the expansion of new-energy vehicle sales.

Luxury-car sales rose 13 percent year on year in May. Compared with the same month in 2019, they rose 45 percent, reflecting robust growth amid China's consumption upgrades, the association added.

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Keyword: passenger car sales

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