By on November 11, 2012

End of October, China’s formerly white-hot auto industry basically is where it was last year. January through October, production of cars and commercial vehicles is down 0.42 percent, sales are up 0.19 percent, the China Association of Automobile Manufacturers CAAM says.

15.7 million units were sold for the year so far, same as last year. In October, production was down 4.48 percent to 1.587 million, sales made up for it by rising 5.32 percent to 1.606 million.

The industry had hoped for a (for Chinese tastes) slight increase of between 5 and 7 percent for the year, but so far, it doesn’t seem to be happening. The industry is treading water.

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3 Comments on “China In October 2012: Getting Tired, Market Flat...”

  • avatar

    Production down 4.48%, sales up 5.32% — looks like an increase of about 150K units in imported models. And it’s passenger cars that are up, commercial vehicles are the ones that are hit.

    From previous posts, we know Ford was up 50%, Audi up 30%, VW up over 20%, GM up 15%. The Japanese manufacturers are still down — but are the domestics also losing market share?

  • avatar
    Robert Gordon

    I feel like the guys in the photo after reading this.

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