China's auto prices rise yoy in May: NDRC

11:05, June 14, 2010      

Email | Print | Subscribe | Comments | Forum 

Auto prices in China rose slightly year on year in May, according to sales statistics of 36 major cities released by the price monitoring center under the National Development and Reform Commission (NDRC) Sunday.

In May, prices of the country's domestically made automobiles edged up 1.04 percent year on year, but dropped 0.24 percent month on month, a statement posted on the NDRC website said.

Imported vehicle prices continue to climb in May, up 6.18 percent year on year and 2.44 percent month on month, according to the statement.

Last month, passenger vehicle prices rose 0.46 percent year on year but fell 0.73 percent from April this year.

In May, commercial vehicle prices rose 1.75 percent year on year and 0.41 percent month on month.

The NDRC price monitoring center predicted that, after much volatility, imported vehicle prices would stabilize.

Climbing stockpiles of domestically made automobiles may push auto prices down in the short run, but the price drop would not be huge given the recent decline in oil prices and the government's preferential policies towards new energy vehicles, the center said.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion