According to the figures released by the China Association of Automobile Manufacturers (CAAM), China's auto sales reached 9.66 million units in the first three quarters of this year, exceeding the total sales figure for 2008. The CAAM also estimated that the country's auto output and sales will both exceed 10 million units by mid-October, and may exceed 12 million units for the whole of 2009.
In September, China produced 1.3621 million autos, indicating an increase of 19.41 percent over the previous month and up 78.85 percent year on year. Meanwhile, China sold 1.3318 million autos in September, marking a rise of 16.98 percent month on month and 77.88 percent year on year.
Meanwhile, China's 19 principal automakers have reported sales revenues of RMB 894.445 billion in the January-August period, up 10.99 percent year on year. The growth was 10.04 percentage points higher compared with the first half of 2009. Meanwhile, the combined net profits of these automakers for the period in question totaled RMB 66.106 billion, up 22.62 percent year on year. This growth rate was 24 percentage points higher compared with the first six months of this year.