PERSPECTIVES ON THE EVOLUTION OF THE AUTOMOBILE ...

Automotive Industry in China
Sales (units)
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
Jan
Figure 9. Source: CEIC Database
China Passenger Car Sales
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
In Figure 8 and Figure 9, we observe that the crisis has also affected China. In August
2008, the carmakers did not increase the production compared to the same month in
2007. However, the sales were even lower than in 2007. Recently, in October the
market has recovered a little bit.
Once more we put in evidence that the official sources of information in China might
not be very reliable. We have had access to the data adjusted by SAIC market
research department. As we can see in Figure 10 the sales data for each month are
lower than the ones from CEIC database. The sales data from SAIC in Figure 10 are
likely to be more realistic. As we do not have the data for 2008, we have used the data
from CEIC to see the effect of the worldwide crisis on sales.
(Units)
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
Comparison among official data and data adjusted by car
company
Jan
Feb
March
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Port of Barcelona Chair of Logistics 14
2005
2006
2007
2008
2005 adj.
2006 adj.
2007 adj.
Figure 10. Sales volume of Passenger Cars in China. Source: Data adjusted by SAIC market
research department from official sources.
2005
2006
2007