In August this year, the output and sales volumes of passenger vehicles in China amounted to 1.723 million units and 1.796 million units, up 0.3 percent and 11.9 percent month on month, while rising by 28.2 percent and 26.3 percent year on year, respectively, as announced by the China Association of Automobile Manufacturers (CAAM). In the January-August period of the current year, the output and sales volumes of passenger vehicles in China totaled 14.541 million units and 14.442 million units, up 11.9 percent and 12.8 percent year on year, respectively.
As for commercial vehicles, domestic output and sales volumes in August amounted to 268,000 units and 276,000 units, up 11 percent and 11.4 percent month on month, while increasing by 17.4 percent and 12.0 percent year on year, respectively. In the January-August period of the current year, domestic output and sales of commercial vehicles totaled 2.305 million units and 2.313 million units, up 4.2 percent and 3.5 percent year on year, respectively.