男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Vehicle sales up again in June, but annual outlook still bleak

By Li Fusheng | China Daily | Updated: 2020-07-13 09:44
Share
Share - WeChat
Volkswagen shows its vehicles at the Guangzhou auto show in 2019. [Photo by Li Fusheng/China Daily]

Country's leading auto association expects yearly tallies to fall 10 to 20 percent from 2019

Carmakers are continuing to regain lost ground in China as the industry notched its third consecutive month of growth in June in the world's largest auto market, but the China Association of Automobile Manufacturers expected total sales in the year could fall by 10 percent to 20 percent from 2019.

A record 2.30 million vehicles were sold last month, soaring 11.6 percent year-on-year, according to statistics the China Association of Automobile Manufacturers released Friday.

Total vehicle sales in the first half of the year reached 10.26 million, a 16.9 percent fall year-on-year.

Chen Shihua, deputy secretary-general of the association, said "The better-than-expected growth is thanks to pent-up demand for passenger vehicles in the first quarter, and the record sales in the commercial vehicle sector."

Of the sales in June, 1.76 million were passenger cars, up merely 1.8 percent from the same month last year. The mainstay of the automotive industry, passenger vehicle sales were severely reduced earlier this year.

Though meager, the growth in June continued the momentum first spotted in May this year, a sign that the passenger vehicle segment is recovering from the pandemic and consumers have restored financial confidence.

Commercial vehicles including buses and trucks registered record sales last month. A total of 536,000 were sold, up 63.1 percent year-on-year. In the first half of the year, sales totaled 2.38 million, up 8.6 percent from the same period last year.

However, the association urged carmakers not to be overoptimistic. It said the stimuli plans that many cities have rolled out are an important contributing factor in the overall market's growth. When the stimuli disappear, sales may shrink.

In fact, commercial vehicles are the only automotive segment that have managed to secure positive growth from January through June in spite of the pandemic that hurt China's auto market badly early this year and still rages in other parts of the world.

In comparison, passenger car sales in the first half slumped 22.4 percent year-on-year. The new energy vehicle segment has not seen any monthly growth so far this year.

Sales of electric cars and plug-in hybrids totaled just 104,000 in June, down 33.1 percent from the same month in 2019, and deliveries in the first half totaled 393,000, a 37.4 percent fall.

Some companies, though, are outperforming the market. BMW said in the first half of 2020, sales of electrified models rose almost 50 percent compared to the same period last year.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 黄梅县| 陇西县| 富平县| 长武县| 隆化县| 永宁县| 济源市| 梨树县| 浪卡子县| 铜陵市| 北辰区| 祥云县| 东源县| 墨竹工卡县| 安多县| 栾城县| 垣曲县| 五华县| 陇南市| 南江县| 武威市| 德保县| 台山市| 临邑县| 延津县| 兴和县| 大田县| 鸡泽县| 六枝特区| 普定县| 烟台市| 称多县| 巴彦县| 金川县| 镇雄县| 阜康市| 黔西县| 临沂市| 合肥市| 同仁县| 古丈县|