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The data released by the Ministry of Industry and Information Technology on October 18 shows that from January to September 2010, China's automobile production and sales both exceeded 13 million, an increase of 36% year-on-year. The growth rate in the three quarters was 72%, 29%, and 16% respectively.
In the first three quarters of 2010, China produced 3.2022 million commercial vehicles and sold 3.2409 million vehicles. The year-on-year increase of 30% and 34% respectively. In the first, second and third quarters, the year-on-year growth of sales of commercial vehicles in China was 59%, 37%, and 11%, respectively.
In January-September, 9,800,300 passenger cars were produced and 9,897,500 vehicles were sold. The year-on-year increase of 38% and 37% respectively. In the first three quarters, the sales of passenger cars in China increased by 77%, 26% and 17% respectively year-on-year.
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