In the official document from Chinese Ministry of Industry and Information Technology(MIIT) in 30th December, it is predicted the auto volume will be fall after rise and new energy model will be the highlights.
In the first 11 months of 2013, the sales & production volume had exceeded the data of last year. The relevant data is as follows, production& sales volumes are 19.99 million and 19.86 million from Jan. to Nov. 2013 and the year-on-year growths are 14.3% and 13.5% respectively. The increasing speeds are 9.8% and 9.5 more than last year.
The document analyses the inventory keeps increasing and the pressure on energy, traffic and air quality also increases. There will be more cities taking restriction policy on cars. The auto volume may fall after rise. In the document, new energy auto industry is estimated to be developed quickly due to related policies and public supporting facility.
Source: China Automotive Information Net
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