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China auto production and sales both exceed 15 million

China Association of Automobile Manufacturers data released on the 11th, before August this year, China's automobile production and sales, respectively, 15,218,900 and 15,017,300, an increase of 8.61% and 7.67%, of which passenger car sales 12,661,800 and 12,459,500, an increase of 11.55% and 10.70%.

Data show that in August, China's automobile production 1,714,400, an increase of 2.22%; sales of 1,715,600, an increase of 4.04%, which produced 1,481,000 passenger cars, an increase of 6.72%, selling 1,468,200, an increase of 8.5 %.

Own brand market share is still in the doldrums. Aug. brand passenger cars were sold 545,100, an increase of 5.69%, accounting for 37.13 percent of total passenger car sales, down 0.99 percentage points over the previous year; own-brand car sales 177,900, down 21.09 percent year on year accounting for 19.53% of total car sales, down 5.55 percentage points over the same period last year, which is an independent brand car market share of 12 consecutive months of decline.