China's passenger vehicle saw output and sales growth y-o-y in Jan-July, CATRC
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Aug. 2, 2010 (Xinhua News Agency) -- China's passenger vehicle saw output and sales growth y-o-y in Jan-July, CATRC

BEIJING, Aug.2 (Xinhua) -- China's passenger vehicle output during the first seven months of 2010 surged 40.35 percent to 7.2974 million units, while sales increased 24.47 percent to 6.2964 million units, according to latest statistics released by China Automotive Technology and Research Center (CATRC).

In July, passenger vehicle output went down 2.89 percent month on month but up 12.82 percent year on year to 949,100 units, while sales reduced 3.44 percent month on month and 15.43 percent year on year to 822,300 units, the CATRC said.

The following table shows the output of major sub-groups of passenger vehicles in July and the January to July period:

Passenger vehicle group July output (unit) Change m-o-m (pct) Change y-o-y (pct) Jan-July output (unit) Change y-o-y (pct) Car 661,600 -3.70 7.43 5109,800 37.02 MPV NA 3.56 99.07 NA NA SUV NA 7.85 74.76 NA NA Crossover 157,200 -6.45 2.37 1368,700 28.42

The following table shows the sales of major sub-groups passenger vehicles in July and the January to July period:

Passenger vehicle group July sales (unit) Change m-o-m (pct) Change y-o-y (pct) Jan-July sales (unit) Change y-o-y (pct) Car 584,900 -4.89 13.28 4527,000 23.38 MPV NA -5.43 60.41 NA NA SUV NA 5.41 65.58 NA NA Crossover 133,100 -0.87 0.53 1066,800 5.69

(Source: China Automotive Technology and Research Center)

Moreover, thanks to Chinese government's subsidy policy for energy-saving vehicles, some 71 energy saving car models from 16 auto producers reaped sales of 57,353 units in July, an increase of 11.75 percent compared to June.

China has two different versions of auto output and sales statistics, one from the China Association of Automobile Manufacturers (CAAM) and the other from CATRC, as the two organizations have different data resources. The CAAM's data is wholesale figures reported by automakers. Authorized by the National Bureau of Statistics, the CAAM releases auto figures around the 10th of each month. The CATRC data comes from the number of vehicle registrations, based on the Vehicle Identification Number (VIN) and work certificates. The figure excludes exported automobiles or other autos that need not to go through registration in China. The CATRC releases its auto data on the first working day of every month. (Edited by Shi Chunjiao, shichunjiao@xinhua.org)

 

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