Economy

The year-on-year double-digit growth of automobile production and sales in the first seven months increased by 12.7% and 12% respectively

2025-08-14   

The latest statistics from the China Association of Automobile Manufacturers show that since the beginning of this year, thanks to the continued effectiveness of the trade in policy, new car models have been continuously launched by enterprises, and the car market has been running smoothly. In the first seven months, automobile production and sales achieved double-digit year-on-year growth. From January to July, the production and sales of automobiles reached 18.235 million and 18.269 million respectively, an increase of 12.7% and 12% year-on-year, respectively. The growth rate of production and sales increased by 0.2 and 0.6 percentage points respectively compared to January to June. Among them, the production and sales of new energy vehicles reached 8.232 million and 8.22 million respectively, an increase of 39.2% and 38.5% year-on-year. The sales of new energy vehicles accounted for 45% of the total sales of new cars. From January to July, the export of new energy vehicles reached 1.308 million units, a year-on-year increase of 84.6%. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:People's Daily

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