In September, China’s automobile production and sales volume were 2.524 million and 2.655 million, respectively, up 14.1% and 12.8% year-on-year. From January to September 2020, China’s cumulative production of automobiles will be 16.957 million, a year-on-year decrease of 6.7%; and the cumulative sales volume of automobiles will be 17.116 million, with a year-on-year decrease of 6.9%. In the field of passenger cars, the production and sales volume in September reached 2.045 million and 2.088 million, respectively, with a year-on-year growth of 9.5% and 8% respectively. Moreover, passenger cars, SUVs and cross type passenger cars all achieved year-on-year growth, while the production and sales of MPV only declined. < p > < p > it is worth mentioning that in September, the sales volume of SUV reached a record of 980000 in September, a year-on-year increase of 16%, far surpassing that of cars and MPV. At the same time, CAAC released the latest market share ranking. In September, the sales volume of independent brands reached 784000 vehicles, still occupying the first place in the market share, but the share fell by 0.2 percentage points to 37.6% compared with the same period last year. By the end of September, the sales volume of self owned brand passenger cars had reached 4.873 million, accounting for 36.4 percent, a year-on-year decrease of 2.3 percentage points. In contrast, the German and Japanese companies continued to rise in the first three quarters, accounting for 25.2% and 23.8% respectively. Global Tech

By ibmwl