Low displacement vehicle H1 sales declined

Passenger car sales increased 25.92% to 2,200,000 units. While low displacement vehicle were sold 134,300 units in the first half year, declined 30% y/y. According to the statistics released by CAAM.

Sedans with engines in the range of 1L and 1.6L were sold 1,216,500 units, accounting for 53.19% of the total sales. Sedans with engines in the range of 1.6L and 2.5L were sold 917,300 units, accounting for 40.12 % of the total sales. However, sedans with 1.0L engines or below remained flat sales, with a total sale of 134,300 units, declined 58.87% y/y.