Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / China's passenger car retail sales fall 31% on year in 1st week of Aug

China's passenger car retail sales fall 31% on year in 1st week of Aug

Aug 14, 2019 18:42

Source:SMM

This came worse than a YoY decline of 6% in the first week of Jul

SHANGHAI, Aug 14 (SMM) – China's retail sales of passenger vehicles in the first week of this month, (August 1-11), shrank 31% from the same period a year ago, worse than a year-over-year decline of 6% in the first week of July, the China Passenger Car Association (CPCA) said on Wednesday August 14.

During August 1-11, daily retail sales of passenger vehicles averaged 27,000 units, CPCA data showed.

Most carmakers have yet to resume from summer break, which may result in the recent weakness in the car market.

Market commentary

Car

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

This is an improvement from the industry body’s previous estimate of a decline of 15% to 25%, following signs of recovery from the coronavirus pandemic.

Jun 23, 2020 14:04

Industry

CAAM: China's auto sales to fall 10%-20% in 2020

CAAM: China car production and sales returned to double-digit growth in May

China’s production and sales of automobiles both achieved double-digit growth in May, boosting optimism over the recovery from the Covid-19 pandemic.

Jun 11, 2020 16:30

Analysis

CAAM: China car production and sales returned to double-digit growth in May

CAAM: China’s car sales rose 11.7%YoY in May

Sales of automobile in China rose 11.7% to 2.14 million units in May from a year earlier, according to the flash estimate by the China Association of Automobile Manufacturers (CAAM) released Tuesday.

Jun 3, 2020 11:11

Analysis

CAAM: China’s car sales rose 11.7%YoY in May

China's new energy passenger car sales in March quadrupled from February: CPCA

China’s wholesale deliveries of new energy passenger vehicles stood at 56,000 units in March, 49.2% lower from the same period last year but nearly quadruple from February, said the China Passenger Car Association (CPCA) on April 9.

Apr 10, 2020 11:52

Analysis

China's new energy passenger car sales in March quadrupled from February: CPCA

China passenger car retail sales in February likely record biggest decline in 2 decades: CPCA

China’s passenger car retail sales could plunge 80% on a yearly basis in February, the biggest decline in over two decades, according to a preliminary estimate by the China Passenger Car Association..

Mar 5, 2020 11:30

Analysis

China passenger car retail sales in February likely record biggest decline in 2 decades: CPCA

China car sales to slip 2% in 2020

China's auto market is unlikely to recover until 2022

Dec 13, 2019 11:07

Industry

China NEV production, sales posted 3rd on-year decline in Sep: CAAM

Sales of automobiles contracted on a yearly basis for the 15th consecutive month in Sep

Oct 14, 2019 15:37

Analysis

China NEV production, sales posted 3rd on-year decline in Sep: CAAM

China's passenger car retail sales slow decline in 3rd week of Aug: CPCA

CPCA expects car sales to further improve in the weeks ahead

Aug 29, 2019 10:20

Industry

China's passenger car retail sales slow decline in 3rd week of Aug: CPCA

Declines in China's car production, sales narrow in Jul: CAAM

Year-on-year declines in production, sales narrowed 5.4 and 5.3 percentage points, respectively, from that in Jun

Aug 13, 2019 15:30

Analysis

Declines in China's car production, sales narrow in Jul: CAAM

Emission cuts to affect long steel output in Lianyungang

Three local mills were required to cut emissions by at least 30% from Nov 1 to Feb 28, 2019

Nov 2, 2018 16:40

Industry Reminder

Emission cuts to affect long steel output in Lianyungang

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

China's passenger car retail sales fall 31% on year in 1st week of Aug

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit