China Association of Automobile Manufacturers expects that this year car sales in China will remain at last year’s level

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The China Association of Automobile Manufacturers expects that this year, car sales in China will be at last year's level of 28 million 100 thousand cars. Of this number, sales of passenger cars will amount to 23,700,000 units, which will also repeat the indicator of 2018. According to experts of the Association, in 2019, the number of cars on new energy sources will be sold in the amount of 1.6 million cars, which is 27% more than last year. Despite the fact that in 2018 in China, a fall in car sales by 2.8% was recorded, the country has retained the status of the largest automobile market in the world for the 10th consecutive year. Its share was about 30.6%. In the first four months of 2019, car sales in the country decreased by 12.1%, while their production volumes decreased by 11%.

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