In early August, automobile output by 11 key Chinese automakers stood at 1.11 million units, down 15.8% from early July, but up 46.4% from the same period last year, while sales came in at 939,000 units, down 0.3% month on month and 4.2% year on year, according to data from China Association of Automobile Manufacturers (CAAM).

China's comprehensive inventory coefficient for car dealers was 1.92 in April 2017, up 16% MoM and 25% YoY.

China reported its auto sales at 2.07 million units in August.