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Position:analyst > analysis > Bus Production & Sales Down over 10% m/m in July

Bus Production & Sales Down over 10% m/m in July

2009-08-11    Source:english.chinabuses.com

English.chinabuses.com: according to China Association of Automobile Manufacturers (CAAM), China’s production and sales of commercial vehicles (CV) reached 259,300 and 253,000 units respectively in July. The production volume was up by 1.9% while the sales volume was down by 6.03% month on month. In the bus & coach sector, both the production and sales volume went down by more than 10% compared with June.


When compared with the same period last year, the monthly production and sales volumes of CVs jumped by 38.74% and 44.19% year on year respectively.


In the first seven months of this year, China manufactured 1.8312 million and sold 1.818 million units of CVs, up by 7.14% and 5.47% respectively. For four consecutive months, the CV market has registered positive growth, showing signs of recovery in the CV market.


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