In July , Chinese car sales increased by 26.3 % from the same month last year , seeing the highest monthly growth in 30 months and sales of 1.6 million units . This surge in sales is largely attributed to a government policy that imposed purchase restrictions on cars with engines with a capacity of up to 1.6 million . These cars alone saw an increase of 38.6 % of market share from last year and thus represented 71 % of July ’s total sales output .
In July, Chinese car sales increased by 26.3% from the same month last year, seeing the highest monthly growth in 30 months and sales of 1.6 million units. This surge in sales is largely attributed to a government policy that halves purchase tax on cars with engines with a capacity of up to 1.6 litres. These cars alone saw an increase of 38.6% of market share from last year and thus represented 71% of July’s total sales output.