·In November, small-displacement passenger car sales increased by 20% year-on-year

According to data released by the China Association of Automobile Manufacturers (hereinafter referred to as the China Automobile Association), in November, domestic passenger car production and sales were 2.638 million and 2.59 million, respectively, with production and sales increasing by 15.3% and 10.5% respectively; % and 17.2%.
It is worth mentioning that in November, the sales of passenger cars with a displacement of 1.6 liters and below were 1.776 million units, an increase of 20.5% year-on-year, which was higher than the overall growth rate of passenger cars by 3.3 percentage points. The passenger cars of 1.6 liters and below accounted for The proportion of vehicle sales was 72.4%.
"From the fourth quarter, consumers' car enthusiasm and high sales growth, it can be seen that the 'last bus' effect of the 1.6-liter and below-displacement vehicle purchase tax halving policy can be described as huge." National passenger car Cui Dongshu, secretary general of the Market Information Association, said.
At the beginning of this year, the China Automobile Association predicted that the sales growth rate of the auto market in 2016 will be around 6%. According to the reporter's sales data, it was found that in April this year, the cumulative sales growth rate of automobiles reached 6.3%, and in June, the growth rate reached 8.1% in the middle of the year. As the automobile market continued to maintain rapid growth, it was accumulated in November. The sales growth rate increased month by month.
In this regard, Xu Haidong, assistant secretary-general of the China Association of Automobile Manufacturers, said that this year, the expected growth of the auto market is related to various factors. Similarly, he also believes that the 1.5-liter and below-displacement vehicle purchase tax halving policy will undoubtedly play a significant role in sales growth. Based on the above situation, Xu Haidong predicted that this year, the annual sales growth rate of the auto market will not be lower than 13%.

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