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Car sales (passenger and commercial vehicles) in China from 2008 to 2018* (in million units)

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China: car sales 2008-2018 The graph shows passenger and commercial car sales in China from 2008 to 2018*. In June 2018, approximately 0.4 million commercial vehicles had been sold in China.
Car sales in China – additional information

The automobile industry has been a major driving force in China’s economic momentum and despite slowing growth, the Chinese automobile industry is expected to continue fueling the economy. China was the world’s leading car producing country in 2015, producing approximately 21 million passenger cars and claiming a 24.1 percent share of total global vehicle production. However, while passenger car sales in Chinahave been skyrocketing since 2008, they have slowed somewhat in 2015. Specifically, the sale of minivans, multipurpose vehicles (MPV) and sedans have slowed, but the number of SUVs sold has increased. While more and more gas guzzling SUVs are being sold, the production of hybrid and electric cars and new energy vehicles is also on the rise and the government is promoting their use. However, these vehicles still compose a small share of annual car sales volumes and 2014 was a much better year than 2013 for new energy vehicle sales. As the number of privately owned vehicles in China continues to rise, so does the number of drivers. These results show that there are twice as many drivers with licenses than there are cars as well as indicating a large cohort of future car owners.
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Exclusive Premium statistic

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Description Source More information
The graph shows passenger and commercial car sales in China from 2008 to 2018*. In June 2018, approximately 0.4 million commercial vehicles had been sold in China.
Car sales in China – additional information

The automobile industry has been a major driving force in China’s economic momentum and despite slowing growth, the Chinese automobile industry is expected to continue fueling the economy. China was the world’s leading car producing country in 2015, producing approximately 21 million passenger cars and claiming a 24.1 percent share of total global vehicle production. However, while passenger car sales in Chinahave been skyrocketing since 2008, they have slowed somewhat in 2015. Specifically, the sale of minivans, multipurpose vehicles (MPV) and sedans have slowed, but the number of SUVs sold has increased. While more and more gas guzzling SUVs are being sold, the production of hybrid and electric cars and new energy vehicles is also on the rise and the government is promoting their use. However, these vehicles still compose a small share of annual car sales volumes and 2014 was a much better year than 2013 for new energy vehicle sales. As the number of privately owned vehicles in China continues to rise, so does the number of drivers. These results show that there are twice as many drivers with licenses than there are cars as well as indicating a large cohort of future car owners.
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Release date
July 2018
Region
China
Survey time period
2008 to June 2018
Supplementary notes
*Data for 2018 refer to the sales volume till June 2018. Data prior to 2010 are taken from the J.P. Morgan report "China Auto Industry" from August 2012, page 13. The report also cites CAAM as a source.

The data only cover manufacturer sales to dealers, rather than end-user demand.

Figures have been rounded to provide a better understanding of the statistic.

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