China’s BYD Auto sold 33,046 vehicles in July, up 4% year on year, but down 6% month on month, which the company attributed to an off-season market.
June’s sales tally was 35,356 units and the company’s sales have been declining since April, local media reports said.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Sales of BYD sedans for the first seven months of the year reached 322,060 units, accounting for 54% of the company’s annual target of 600,000 units.
The July tally included 32 F3DM plug-in hybrid and 17 E6 electric cars.
BYD recently cut its sales target for 2010 by 25% to 600,000 units as growth slows in the world’s biggest auto market.
Forecasts say BYD’ sales growth for the second half of 2010 will be strong at over 50%.
The China Association of Auto Manufacturers (CAAM) said this week total auto sales for this year may now reach up to 16m units, up from an earlier estimate of 15m.
Automobile production and sales in China last month totalled 1.29m and 1.24m units respectively, CAAM said.
Commercial vehicle sales reached 297,800 units in July, down 19.33% over the previous month and passenger vehicles reached 946,200 units in July, down 9.27% over the previous month but up 13.6% year on year.
Passenger car sales year to date were up 42.8% to 7,667,000 year to date, CAAM said.
The top 10 auto sales companies were: SAIC, Dongfeng Automobile, FAW, Changan Auto, BAW, GAIG, Chery, BYD, Brilliance and JAC. They sold 8.84m cars from January to July in 2010, Xinhua said.
