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TM$180+0.86%GM$47.34+0.22%F$11.99-2.28%TSLA$181-1.43%BYDDY$61.88+1.41%RIVN$11.03-0.13%NIO$5.04+0.01%STLA$21.74-1.04%TM$180+0.86%GM$47.34+0.22%F$11.99-2.28%TSLA$181-1.43%BYDDY$61.88+1.41%RIVN$11.03-0.13%NIO$5.04+0.01%STLA$21.74-1.04%
Market & Tech Reports2019-04-02Clean view

2019 Sales Forecast in China (CAAM): NEVs to make up 1.6 million of 28.1 million vehicles sold

Drop in Sales of Low-End SUVs, Healthy Secondhand Vehicle Market

SINOTRUKMagna InternationalNIO ES8LuxgenLifanIranChinaTechnology ShowEVCommercial VehicleVehicles & OEMsNEV

Summary

 According to the China Association of Automobile Manufacturers (hereafter referred to as CAAM), vehicle sales in the Chinese market in 2019 are expected to see year-over-year (y/y) sales equal to the previous year of 28.1 million vehicles (as of January 2019). New passenger vehicle sales are forecast for equal y/y numbers with 23.7 million vehicles, and commercial vehicles are expected to see a y/y growth of 0.7% with 4.4 million vehicles. Sales of new low-end SUVs are expected to decline due to the effects of decreases in income in medium and small cities. However, the consumer base that cannot purchase new vehicles will move to the secondhand vehicle market, thus energizing the secondhand vehicle market.

 Sales of new energy vehicles (NEVs) are expected to continue to increase thanks to the vehicle purchasing tax exemption implemented in January 2018. Furthermore, starting in 2019, OEMs that manufacture 30,000 or more internal combustion engine passenger vehicles are required to manufacture or import a set percentage of NEVs, and both Chinese OEMs and foreign OEMs are releasing more NEV models.

 Each OEM group’s 2019 sales target and production plan varies widely by group, with Dongfeng Motor Group and BAIC Group planning for major increases. Geely will instead maintain their 2018 levels of 1.51 million vehicles.



Related Reports:
2018 China market: 28.081M units for new car sales, 23.71M units for passenger cars (Feb. 2019)
SAE China 2018:NEV industry and related policies (Jan. 2019)
SAE China 2018:NEVs and Big Data (Jan. 2019)
SAE China 2018 :Intelligent and Connected Cars (Dec. 2018)
Emerging Chinese EV makers: Rapid development with IT investment and partnerships(Apr. 2018)
The current situation of China’s NEV market (Dec. 2017)

Local Reconstruction Note

This article has been expanded from the visible local mirror text, headings, tags, image captions, tables, and related local article titles. It is presented as a reconstructed reading version, not as a hidden original document.

CAAM’s 2019 sales forecast: 23.7 million passenger vehicles, 4.4 million commercial vehicles

The source outline identifies this section as part of “2019 Sales Forecast in China (CAAM): NEVs to make up 1.6 million of 28.1 million vehicles sold”. Based on the available local metadata, this section should be read through the lens of SINOTRUK, Magna International, NIO ES8, Luxgen, Lifan, Iran and the visible introduction, figures, captions, and tables.

New energy vehicle sales forecast: 2019 to see a 27.5% increase to 1.6 million vehicles

The source outline identifies this section as part of “2019 Sales Forecast in China (CAAM): NEVs to make up 1.6 million of 28.1 million vehicles sold”. Based on the available local metadata, this section should be read through the lens of SINOTRUK, Magna International, NIO ES8, Luxgen, Lifan, Iran and the visible introduction, figures, captions, and tables.

Chinese automaker's sales projections for 2019

The source outline identifies this section as part of “2019 Sales Forecast in China (CAAM): NEVs to make up 1.6 million of 28.1 million vehicles sold”. Based on the available local metadata, this section should be read through the lens of SINOTRUK, Magna International, NIO ES8, Luxgen, Lifan, Iran and the visible introduction, figures, captions, and tables.

Related Local Signals

Nearby records in the local archive include Taipei AMPA 2026: Foxconn’s EV Technology; Smart Energy Week 2026: Batteries and Charging; Electrified Vehicle (xEV) Sales Monthly Report (March 2026); Geely i-HEV Intelligent Hybrid Technology Presentation. These titles can be used as adjacent evidence when comparing suppliers, technologies, markets, and reporting periods.