In August this year, the output and sales volumes of passenger vehicles in China amounted to 1.705 million units and 1.79 million units, decreasing by 4.7 percent and 4.6 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 15.319 million units and 15.193 million units, rising by 1.9 percent and 2.6 percent year on year, respectively.
As for commercial vehicles, the output and sales volumes in August amounted to 295,000 units and 313,000 units, decreasing by 2.4 percent and increasing by 1.1 percent year on year, respectively. In the January-August period of the current year, output and sales of commercial vehicles in China totaled 2.816 million units and 2.903 million units, rising by 7.7 percent and 8.7 percent year on year, respectively.