皇冠体育app

Business
/ / Motoring

皇冠体育app auto sales rise 5.3% in August

Xinhua | Updated: 2017-09-12 09:37

皇冠体育app auto sales rise 5.3% in August

A visitor and his child try out a new car at an auto show in Wuhan, Hubei province. [Photo/Xinhua]

BEIJING - 皇冠体育app's auto sales continued to increase in August, evidence of the steady growth of the world's largest car market, data from the 皇冠体育app Association of Automobile Manufacturers (CAAM) showed Monday.

Some 2.19 million vehicles were sold last month, up 5.3 percent year on year, maintaining momentum in July that saw sales rise 6.2 percent.

Meanwhile, 2.09 million vehicles were produced in August, up 4.8 percent from the same period last year, according to the CAAM.

In the first eight months, total auto output and sales increased by 4.7 percent and 4.3 percent year on year to 17.68 million and 17.51 million vehicles, respectively.

The market share of domestic brands went up 5.3 percent year on year in August, said the CAAM.

Sales and production of new energy vehicles maintained fast growth. Some 72,000 new energy vehicles were produced in August, up 67.3 percent year on year, and 68,000 were sold, up 76.3 percent from the same period last year.

Earlier data from the 皇冠体育app Passenger Car Association showed 皇冠体育app sold 54,000 new energy passenger cars last month, surging 25 percent month on month.

The robust growth came as 皇冠体育app has intensified efforts to encourage the use of new energy vehicles to ease pressure on the environment, by offering tax exemptions and discounts for car purchases, and ordering government organizations to buy more new energy cars.

皇冠体育app has been the world's largest car market for eight consecutive years.

 

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US