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In the first half of 2010, the general economic profit of automobile industry remains good development trend although falling back month by month since March.
Year-on-year Growth of 48% for the sales of automobile in Jan.-Jun 2010
According to the statistics from China Association of Automobile Manufacturers, it produces 8,927,300 vehicles, year-on-year growth of 49%, 34 percentage more; it sells 9,016,200 units, year-on-year growth of 48%, 30 percentage more. As of the end of June, the reserve volume of automobiles is 504,700 units, which reduces 82,300 units than that at the end of 2009.
The automobile sales volume in the first and the second quarter is 4,610,900 units (Y/Y growth of 72%) and 4,405,600 units (Y/Y growth of 29%) respectively.
In June, it produces 1,390,600 vehicles, year-on-year growth of 20％, month-to-month growth of -2%; it sells 1,412,100 units, year-on-year growth of 23%, month-to-month growth of -2%.
Year-on-year Growth of 46% for the sales of commercial vehicles
In the first half of 2010, it produces 2,243,500 commercial vehicles, year-on-year growth of 42%, 40 percentage more and sells 2,295,300 units, year-on-year growth of 46%. The automobile sales have year-on-year growth of 59% and of 37% in the first and the second quarter respectively.
In June, it produces 345,300 commercial vehicles, year-on-year growth of 35%, month-to-month growth of -10%; it sells 369,300 units, year-on-year growth of 37％, month-to-month growth of -7%.