Passenger vehicle sales figures soar

08:35, December 08, 2010      

Email | Print | Subscribe | Comments | Forum 

China's passenger vehicle sales surged to a record high in November.

More than 1,280,000 cars, multi-purpose vehicles, sports-utility vehicles and minivans were sold in November, up 27 percent from a year earlier and 10.5 percent from October, said the China Passenger Car Association on Tuesday.

Passenger vehicle sales in the first 11 months of 2010 totaled 11,849,386 units, a 31 percent increase from last year, when China took over the title of auto sales champion from the United States for the first time.

"Although the Guangzhou Asian Games to some extent affected car purchases in the South China market in November, the rising sales in Beijing, and other big cities, are due to concerns that local governments may be considering curbing car purchases through license plate control. That boosted domestic sales greatly," said Rao Da, secretary-general of the association.

"And sales will be much higher in December as the Chinese government's policies, including tax reduction and subsidies, will expire at the end of the year," added Rao. "The boom in the last two months means the domestic market will easily reach the sales target of 17.5 million units for 2010."

The auto market in Beijing saw a surge in November as concerns grow that strict controls on car purchases may be implemented in 2011 to ease congestion pressures.

At Yayuncun Automobile Market, the largest in Beijing, more than 15,000 cars were sold during the month, a 33 percent rise from October.

"Such a big rise is rare, and the sales volume in November marked a new high in our market," Chi Yifeng, general manager of the market told China Daily. "Although car sales always increase when the year-end draws near, this time the rise is abnormal."

As of late November, automobile ownership in Beijing stood at 4.67 million, and there are 6.19 million registered drivers in the city, according to the Beijing Municipal Traffic Management Bureau.

The city has been choked by several severe traffic jams this year, a fact that seems to have rung alarm bells with policy-makers in the city.

At a meeting last Thursday, Beijing's Party chief Liu Qi urged a quick roll-out of efficient measures to ease congestion.

Liu Yumin , deputy head of the city planning body of Beijing, said in October that the traffic authorities are studying methods to control the boom in vehicle ownership and to ease traffic pressures.

However, Jia Xinguang, an independent auto analyst, suggested the municipal government has to be cautious in making policies to control car ownership, because restrictions will not only harm the market, but could also lead to a worsening employment situation in related industries.

"To ease the city's traffic pressure, long-term city planning should be introduced, and the key is to control the booming population," he said.

Jia suggested the removal of some of the city's manufacturing industries, which absorb huge numbers of migrant workers in suburban areas or neighboring cities, as well as the further development of public transport.

Source:China Daily

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • A member of the media takes a look at a Bluecar, an electric-powered car made by French company Bollore, at a media presentation in Vaucresson, west of Paris, yesterday. The Bluecars have a range of 250 kilometers in urban use and a maximum speed of 130km per hour, and will be available to rent in the streets of Paris under the name of Autolib. The four-seater Bluecars will be positioned at 1,200 stations in the French capital, where customers can pick them up and drop them off, and will be available around the clock. Users must have a valid driver's license and pay a subscription fee to borrow one of the vehicles.
  • Tourists watch a performance about an ancient court trial. (Photo/Xinhua)
  • U.S. President Barack Obama (4th L, front) shakes hands with outgoing Chairman of the Joint Chiefs of Staff Admiral Mike Mullen (1st R, front) as Vice President Joe Biden (3rd L, front), Secretary of Defense Leon Panetta (2nd L, front), and Army General Martin Dempsey (1st L, front) look on during the Chairman of the Joint Chief of Staff Change of Responsibility Ceremony at Joint Base Myer-Henderson Hall in Arlington, the United States, Sept. 30, 2011. Army General Martin Dempsey succeeded Mike Mullen to become the 18th Chairman of the Joint Chief of Staff on Friday. (Xinhua/Zhang Jun)
  • Chinese national flag guards escort the flag across the Chang'an Avenue in Beijing, capital of China, Oct. 1, 2011. More than 120,000 people gathered at the Tian'anmen Square to watch the national flag raising ceremony at dawn on Oct. 1, in celebration of the 62th anniversary of the founding of the People's Republic of China. (Xinhua/Luo Xiaoguang)
  • Pedestrians walk along the barrier set by police on Wall Street in New York, the United States, Sept. 30, 2011. Police set up the fences to keep away the demonstrators of the Occupy Wall Street campaign. (Xinhua/Shen Hong)
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
Hot Forum Discussion