Chinese car sales top 7 million units in first half of 2011

Sales of passenger vehicles in China, including cars, SUVs, MPVs and minivans, reached 7.1 million units in the first half of this year, up 5.8% year-on-year, according to the China Association of Automobile Manufacturers (CAAM).

In the first 6 months of 2011, sales of passenger vehicles and light commercial trucks totalled 9.3 million units, up 3.4% from the same period last year.
Car sales declined in April and May after the Chinese government ended its scrappage incentives and tax breaks for small vehicles in January. However the market showed signs of recovery in June, thanks to strong sales of cars, SUVs and MPVs, said CAAM in a statement.

The association predicts car sales will grow 5% in 2011 a downward recalculation as at the beginning of the year, most analysts expected sales to rise 10 to 15%.

Source: Autonews China

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    Comments: 1
    1. Alberta Toyota
      11 years ago

      Awesome report here! This simply shows that China promises a very strong market for cars. Is there any source data showing the classification of cars sold according to brand? Thanks.

    MTI
    11 years ago Manufacturers, News50