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China’s passenger vehicle sales up 16.6 percent in April

BEIJING – China’s passenger vehicle (including car, MPV, SUV and microvan) sales in April increased by 16.6 percent on a yearly basis to 1.34 million units, driven by some positive factors such as the Auto Shanghai 2013 and free toll in expressways during the May Day holiday break, according to latest data released by China Passenger Car Association (CPCA) on May 9.

Combined sales of PVs in the first four months totaled over 5.55 million units, up 18.6 percent compared to the same period of last year.

In April, passenger car sales rose 13.2 percent to 887,605 units, and sales of SUVs reached 224,268 units with a significant growth of 55.7 percent year-on-year.

The MPV segment experienced a 19 percent sales decline from March with sales volume of 87,574 units in April. Microvan sales were 142,453 units, down 4.3 percent from the same month of the previous year.

The top 10 passenger vehicle makers in the month had combined sales of 837,128 vehicles, accounting for nearly 63 percent of the total sales.

CPCA predicts that if there is no government adjustment policies, China’s passenger vehicle (not including microvan) sales will be increased by 2 million units in 2013.

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