In October 2010, China produced 1.541 million vehicles and sold 1.5386 million vehicles, which was a decrease of 3.26% and 1.16% from the previous quarter and a slight decrease. Compared with the same period of 2009, it increased by 22.50% and 25.47% respectively; 2010, 1-10 In the month, the production and sales of automobiles reached 14.6238 million units and 147.770 million units respectively, a year-on-year increase of 34.49% and 34.76%, respectively, and the growth rate continued to fall, falling 1.61 percentage points and 1.21 percentage points from January to September 2010, respectively. The rate has slowed. From the current trend, the annual production and sales of automobiles may reach 18 million vehicles.
Specific to the production and sales of commercial vehicles, production of 342,900 units in October and sales of 335,500 units were respectively 5.46% and 2.85% lower than in September, and year-on-year increases of 19.18% and 19.87% respectively.
In commercial vehicle models, the production and sales of semi-trailer tractors and non-completed passenger vehicles were all higher than those of the previous month. Compared with the previous month, the production and sales of other models showed declines in different degrees, among which the drop in passenger cars was most noticeable. A decrease of 13.68%, sales fell 23.15%; compared with the same period in 2009, all models of commercial vehicles showed positive growth.
In January-October 2010, commercial vehicle production reached 3.5454 million vehicles and sold 3.5764 million vehicles, an increase of 29.18% and 32.40% year-on-year respectively.
Among the commercial vehicle models, the growth rate of semi-trailer tractor production and sales exceeded 90%, the growth rate of non-complete vehicles for passenger cars, trucks and trucks all exceeded 20%, and the production and sales of non-complete passenger vehicles were 8.34% and 7.37% respectively.
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