The new China vehicle market seems that it does not touch the roof. Sales of passenger cars and all land in the country of the great wall never cease to grow and September has been a very good month. According to the China Association of automobile manufacturers (CAAM) last enrollment grew by 26.1 percent, reaching 2.564 million units.
If we review the developments that the Chinese market is experiencing during year so far we can see has an enviable health. In the first nine months of this 2016 19,36 billion have been sold in new vehicles. This means growth, with respect to the first nine months of 2015, of 13.2 percent. These figures show that, although the country is not going through a good economic times, sales do not resent now.
Of these 2.5 million units sold during September we must mention hybrid vehicles. These, they have reached during the period January to September of this year sales of 289.000 units. Of them, 44,000 units correspond to the month of September. These figures represent a growth of 100.6 percent in cumulative year and 43.8 per cent in September.
If we focus on electric vehicles sales still are minority. Yet during the month of September they have managed to enroll 35,000 units. These represent a growth over the same month of the last of 63.1 percent year. Focusing on the cumulative year-round, the electrical already they have sold 216,000 units representing an increase over the same period of 128.4 percent.
In terms of production, China remains the country where more units are produced a year. So far 2016 19.42 million cars have been made new. This represents a rise of 13.3 percent over the same period of last year.
Source – China automobile manufacturers (CAAM) Association