Chinese Car Sales Break Sound Barrier

chinese car sales break sound barrier

China’s auto sales have most likely broken the 10 million unit sound barrier at the time of this typing. This according to educated estimates of the China Association of Automobile Manufacturers (CAAM) via Gasgoo. The association expects annual sales for 2009 to surpass 12 million.

In September, China’s auto sales had soared 78 percent (compared to September of the prior year) to 1.33m units. Sales of passenger cars, including sedans, SUVs and MPVs, rose 83.6 percent to 1.02m units. September marked the seventh straight month in a row that China’s car sales exceeded one million units a month.


For the first nine months of the year, China’s vehicle sales increased 34.2 percent.

Beginning in January 2009, China’s total car sales exceeded those of the United States. The lead of the Chinese market has extended ever since. China’s Global Times reports that during the recent eight day October holidays, 10,000 cars were registered in Beijing alone. China’s capital, which had one million registered motor vehicles in 1997, now has 3.88m

Analysts already warn that 2010 growth will be lower than the record numbers in 2009. According to the analysts cited by Gasgoo, “the industry will still grow, albeit at a slower pace.” The second half of 2008 was disappointing for China, comparisons with last year show huge increases. Next year, it will be harder to exceed current record numbers.

China’s GM doesn’t share this cautious opinion. “We expect our sales to continue to grow, even a little faster than the industry next year,” GM China’s President Kevin Wale told reporters. In the first nine months of 2009, GM China’s vehicle sales jumped 55.6 percent from a year earlier, hitting a record with 1,292,549 units sold. GM’s Henderson believes that China will stay ahead of the USA for quite some times. “It’s not a blip,” Henderson said to AFP. Quite perceptive.

Ford’s Mulally hopes that total U.S. industry sales will be 11 million in 2009, rising to 12.5 million in 2010 and to about 14.5 million in 2011. At that rate, the U.S.A. will never catch up with China.

Comments
Join the conversation
2 of 37 comments
  • Luke42 I like the Metris quite a bit, but I never bought one.Two problems kept me from pulling the trigger:[list=1][*]It was expensive for what it was.[/*][*]For the price they were asking, it needed to have a plug for me to buy it.[/*][/list=1]I wanted a minivan that could tow, and I test drove one and liked it. The Mercedes dealer stocked both cargo versions and conversion vans. It was a nice vehicle, and I really wanted one for a while.This is the inevitable fate of cars that I like, but don't actually buy.
  • Garrett I would have gone for one of these if it had AWD. If they had offered it, it could have done far better.
  • Michael500 Sorry, EV's are no good. How am I supposed to rev the motor to impress girls? (the sophisticated ones I like).
  • Michael500 Oh my dog- this is one of my favorite cars in human history! A neighbor had a '71 when I was a child and I stopped and gazed at that car every time it was parked outside its garage. Turquoise with a black vinyl. That high beltline looks awesome today!
  • ScarecrowRepair I'd love an electric car -- quiet, torque, drive train simplicity -- but only if the cost was less, if recharging was as fast as gas (5 minutes) and as ubiquitous. I can take a road trip and know that with a few posted exceptions (US 50 from Reno to Utah), I don't have to wonder where the next fuel station is, and if I do run out, I can lug a gallon of gas back.Sure I'd miss the engine sounds and the joys of shifting. But life is all about tradeoffs.
Next