In July this year, the output and sales volumes of passenger vehicles in China amounted to 1.718 million units and 1.605 million units, down 3.0 and down 10.1 percent month on month, while rising by 31.8 percent and 26.3 percent year on year, respectively, as announced by the China Association of Automobile Manufacturers (CAAM). In the January-July period of the current year, the output and sales volumes of passenger vehicles in China totaled 12.818 million units and 12.747 million units, up 10.1 percent and 11.1 percent year on year, respectively.
As for commercial vehicles, domestic output and sales volumes in July amounted to 241,000 units and 247,000 units, down 13 percent and 13.9 percent month on month, while increasing by 11.3 percent and 5.5 percent year on year, respectively. In the January-July period of the current year, domestic output and sales of commercial vehicles totaled 2.036 million units and 2.037 million units, up 2.7 percent and 2.4 percent year on year, respectively.