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China's automobile sales rose 9.3% in January 2016

  • Author:Memory
  • Source:www.diecastingpartsupplier.com
  • Release on :2016-02-23

The China Association of Automobile Manufacturers announced on Friday that passenger car salestotaled 2.2 million units in January, 9.3 percent morethan a year earlier, and the production of new-energy vehicles surged by 144 percent.

The passion for sport utility vehicles continues andthe category contributed the most to the entiremarket, with about 784,900 units sold, a surge of60.5 percent year-on-year. About 261,400 multi-purpose vehicles were sold in January, a jumpof 15.9 percent from the same period last year.

The top SUV maker and MPV maker last month are familiar to all: Great Wall Motor and SAICGeneral Motor Wuling stayed on their segment thrones. SAIC Volkswagen also maintained itscrown in the sedans and hatchbacks segment.

In contrast, the nation witnessed a tumbling trend for minivans, whose volume totaled 71,300units, a 31 percent drop year-on-year.
Data from the Ministry of Industry and Information Technology showed the production of new-energy vehicles last month surged by 144 percent year-on-year to 16,100 units, and theoutput of fully electric passenger vehicles tripled from the same period last year, reaching 7,952units in January. Official data showed that 97 percent of new-energy vehicles produced inJanuary would be eligible for favorable taxation policies.
The country has rolled out measures to promote new-energy vehicles, including taxexemptions, subsidies for car purchases and a requirement for government departments to buymore new-energy cars.