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China's auto output and sales exceed 18 mln units in 2011

Jan. 25, 2012 (China Knowledge) - China saw auto output and sales both reach more than 18 million units in 2011 with an average monthly output and sales both exceeding 1.5 million units, a record in history worldwide, said the country's Ministry of Industry and Information Technology.

Last year, China produced 18.41 million vehicles, 0.8% more than in 2010, but the growth was 31.6 percentage points lower than that in 2010. Auto sales for 2011 increased 2.5% year on year to 18.51 million units, but the growth was 29.9 percentage points lower than in 2010, according to statistics citing from China Association of Automobile Manufacturers.

The country's passenger vehicle output and sales for 2011 increased 4.2% and 5.2% year on year to 14.49 million and 14.47 million units, respectively, while output and sales of commercial vehicles reached 3.94 million and 4.03 million units, down 10% and 6.3% from 2010, respectively.

China saw the year-on-year increase of auto sales volume reach 8.2% in the first quarter of 2011, 0.8% less in the second quarter, 4.4% in the third quarter and 0.7% less in the fourth quarter.

Of the total sales in China last year, 53.2% were passenger vehicles each with engine capacity below 1.6 liters.






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