China Automobile Association: car sales are expected to increase by 31.9% year on year in January.

According to the forecast of the ten-day report of key enterprises according to the statistics of the China Association of Automobile Manufacturers, in January 2021, the sales volume of the automobile industry is expected to complete 2.54 million units, an increase of 31.9% over the same period last year. According to the breakdown of models: passenger car sales are expected to complete 2.07 million units, an increase of 28.4% over the same period last year; commercial vehicle sales are expected to complete 480000 units, an increase of 50.1%.