China: September new car sales up 12.8%: double-digit growth for 5 consecutive months
China Automobile Manufacturers Association:
New car sales in September:
The number of new cars sold in September announced on October 13 was 2,565,000, an increase of 12.8% from the same month of the previous year.
Supported by the economic recovery and consumption stimulus measures by local governments, it recorded double-digit growth for the fifth straight month.
Japanese manufacturer:
Toyota increased by 25.3%
Honda increased by 22.3%
Nissan also increased by 5.1%, the first increase in two months.
Current affairs dot com
https://www.jiji.com/jc/article?k=2020101300755&g=int
US GM: Sales in China, up 12% year-on-year in the third quarter, up for the first time in two years
[Beijing 12th Reuters]
General Motors (GM):
On October 12, it announced that sales in China in the third quarter increased 12% year-on-year to 771,400 units.
It’s been two years since the quarterly increase.
Reuters
https://jp.reuters.com/article/china-autos-gm-sales-idJPKBN26X0TZ
China: Car sales in September increased for 6 consecutive months, new energy vehicles also increased significantly
Shanghai
October 15, 2020
China Automobile Manufacturers Association (CAAM):
September car sales:
The number of automobiles sold in September announced on October 13 increased by 12.8% from the same month of the previous year to 2,565,000 units.
It has increased from the same month of the previous year for 6 consecutive months since April, and has increased by double digits since May.
Looking at the breakdown,
Passenger car sales increased 8.0% to 2,088,000 units,
Commercial vehicles also increased by 40.3% to 4.77 billion units
New energy vehicles increased 67.7% to 138,000 units
January-September car sales:
It is still negative at 17,116,000 units, down 6.9% from the same period of the previous year.
The rate of decrease improved by 2.8 points from January to August.
New energy vehicle:
It has continued to be negative, down 17.7% year-on-year to 734,000 units.
The rate of decrease has shrunk by 8.7 points from January to August, showing a rapid improvement.
CAAM Press Conference:
Fourth quarter of 2020 (October-December):
Commercial vehicle
It will continue to increase due to policies such as infrastructure investment.
Passenger car
At the Beijing Motor Show held in late September, each company introduced new cars (see article on October 2, 2020)
It is said that it has a positive impact on the automobile market in combination with consumption promotion measures in various places.
–JETRO
https://www.jetro.go.jp/biznews/2020/10/1ae17becbd4e130f.html