Himfr.com reports China’s automobile market into the policy-sensitive period
According to the China Association of Automobile Manufacturers recently released, in August of domestic car sales reached a staggering increase, remain at 1 million for six consecutive months of high. At this point, “can confirm that our country has entered a car on production and sales of one million times.”
However, policies such as halving the vehicle purchase tax would expire on automobile market has been re-enter the policy-sensitive period.
Era 1 million on production and marketing
Association on the 8th of steam released data show that auto sales in August this year, the completion of 1.1407 million, respectively, and 1.1385 million, the previous month rose by 2.62 and 4.71 percentage points respectively over the same period the previous year growth of 86.10 and 81.68 percentage points. From January to August auto sales were 8.2507 million and 8.3313 million, compared with same period last year were up 26.55 and 29.18 percentage points, the overall sales growth continue to accelerate. 7,8 which are consecutive month off-season more than 50% year on year growth.
In August, passenger car sales are more than 850,000, the previous month rose by 0.75 and 3 percentage points respectively over the same period the previous year growth of 97.23 and 90.18 percentage points; commercial production and marketing of the respective 283.2 thousand and 280.2 thousand, compared with last month were up 8.75 and 10.30 percentage points respectively over the previous year growth of 58.96 and 59.82 percentage points.





