Month-on-month increase in production and sales, year-on-year decrease. The traditional fuel vehicle market is declining, while the new energy vehicle market is growing strongly.
In August, automobile production and sales increased by about 9% month-on-month but decreased by about 5% year-on-year.
From January to August, cumulative automobile production increased year-on-year, but the growth rate slowed down.
Domestic sales of automobiles in August increased by about 8% month-on-month but decreased by about 11% year-on-year.
Exports performed well, with automobile exports in August increasing by about 9% month-on-month and about 25% year-on-year.
Production and sales of new energy vehicles increased by nearly 30% year-on-year.
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