According to agency forecasts, this year's auto production and sales will fall by about 3%, and the total sales will be close to 25 million. It is expected that next year Chinese autos are expected to maintain a recovery of positive growth.

    Recently, the spokesperson of the Ministry of Industry and Information Technology and the director of the Operation Monitoring Coordination Bureau, Huang Libin, said that according to industry organizations’ forecasts, auto production and sales will fall by about 3% this year, with total sales approaching 25 million vehicles. It is expected that next year Chinese autos are expected to maintain a recovery and positive growth. The current focus of automotive development is still new energy vehicles.

    At the same time, it is expected that in the fourth quarter, China's commercial vehicles will continue to maintain a rapid growth trend driven by investment, and passenger vehicles will also maintain a certain growth driven by relevant consumption promotion policies.

    In the first three quarters of this year, my country’s automobile production and sales volume reached 16.96 million and 17.12 million vehicles, down 6.7% and 6.9% year-on-year, respectively. Among them, passenger vehicle production and sales volume reached 13.22 million and 13.38 million, both down 12.4 year-on-year. %, the production and sales of commercial vehicles were 3.74 million and 3.75 million, a year-on-year increase of 21.5% and 19.8% respectively.

    Judging from the cumulative situation of the first three quarters, the production and sales of automobiles are still showing a downward trend year-on-year, and the growth of commercial vehicles is relatively good.

    In September, automobile production and sales volume reached 2.52 million and 2.57 million, respectively, an increase of 14.1% and 12.8% year-on-year. Judging from the situation in recent months, the recovery situation of the auto industry is still in a state of continuous improvement.