In December last year, auto sales hit a record high of over 3 million units

Posted on 1/13/2017 9:26:43 AM

With the end of 2016, the automotive market also surrendered a satisfactory report card. January 12, China Association of Automobile Manufacturers (hereinafter referred to as the Automobile Association) released in December 2016 auto sales data, the month of China's auto production and sales to new highs, the first monthly production and sales are over 3 million.
Automobile Association data show that in December, automobile production was 3.063 million, an increase of 15%, sales of 3.057 million, an increase of 9.5%. Including passenger car sales of 2.672 million, an increase of 9.1%, following again after November to refresh a single month sales records.
It is noteworthy that, in December, 1.6 liters and below passenger car sales growth significantly in the passenger car sales accounted for 74% of the total chain in November 72.4% of the proportion has increased significantly, is the highest proportion in 2016 Of the month.
Assistant to the Secretary-General Chen Shihua to NBD Automobile (micro-signal: NBD-AUTO) said that the proportion of the full show that the purchase tax incentives to stimulate the role of the automobile market. December is the previous month of the implementation of preferential policies, so 1.6 liters and below displacement models sales growth and policy trends coincide.
In December the automobile market perfect ending, 2016 annual sales have reached a new height. Data show that in 2016, car sales reached 28.028 million, an increase of 13.7%, the first time exceeded 28 million mark, of which 24.337 million cumulative sales of passenger cars, an increase of 14.9%, is also the best in history.
Chen Shihua said that sales data from the point of view, in addition to February 2016 by the Spring Festival factors, the remaining 11 months of car sales were higher than the same period last year, the market performance is very strong.
Although the automobile market in 2016 than-expected growth in the industry excited, but the purchase tax margin has weakened. In this regard, insiders said that the automotive market, 2016 is likely to be an unprecedented years, such a high-speed growth in the future difficult to reproduce.
In this context, the Automobile Association in 2017 of the automobile market also conducted in-depth analysis and prediction.
Xu Haidong, Assistant Secretary-General of the Automobile Association, told NBD Auto that after the automobile taxation policy predicts that if the purchase tax preferential policies can be extended this year, the auto market growth rate will reach 6%, if not, it may fall to 2% The proportion of 7.5% to continue the way, the Association believes that the growth rate will be about 5% of the total sales of 29.4 million.

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