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A few days ago, the China Association of Automobile Manufacturers released a summary of the production and sales of the automobile industry in April. Automobile production and sales declined month-on-month, showing a slight increase year-on-year, and the growth rate was significantly lower than the previous month. In April, auto production and sales reached 2.234 million and 2.252 million, respectively, down 9.3 percent and 10.8 percent month-on-month and up 6.3 percent and 8.6 percent year-on-year.
In the first four months, 8.586 million and 8.748 million vehicles were produced and sold, up 53.4 percent and 51.8 percent year-on-year, down 28.3 percentage points and 23.8 percentage points from the previous three months.
In April, passenger car production and sales were 1.714 million and 1.704 million, down 9.0 percent and 9.1 percent month-on-month, up 7.9 percent and 10.8 percent year-on-year. Among the main varieties of passenger cars, compared with the previous month, the production and sales of cross-type passenger cars showed rapid growth, while the other three categories of passenger cars decreased to varying degrees; compared with the same period last year, the output of basic passenger cars (cars) decreased slightly, and sales increased slightly, while the production and sales of the other three categories of passenger cars continued to maintain rapid growth.
In the first four months, passenger car production and sales were 6.668 million and 6.791 million, up 55.3 and 53.1 percent year-on-year. Among the main varieties of passenger cars, compared with the same period last year, the production and sales of the four categories of passenger cars still showed rapid growth.
In April, commercial vehicle production and sales were 521000 and 548000, down 10.1 percent and 15.9 percent month-on-month, up 1.2 percent and 2.3 percent year-on-year. Among the main varieties of commercial vehicles, compared with the previous month, the production and sales of passenger cars and trucks showed a downward trend, and the decline of trucks was more obvious; compared with the same period of last year, the production and sales of passenger cars maintained a rapid growth, the output of trucks decreased slightly, and the sales volume increased slightly.
In April, among the subdivided varieties of trucks, compared with the previous month, the production and sales of the four major types of trucks showed a downward trend; compared with the same period of the previous year, the production and sales of light trucks increased slightly, and the sales of heavy and medium trucks increased slightly. The output has declined, and the production and sales of minivans have declined rapidly. Among the passenger car segments, compared with the previous month, the production and sales of medium-sized passenger cars showed an increase trend, while large and light passenger cars declined; compared with the same period last year, the production and sales of light passenger cars maintained rapid growth, and both large and medium-sized passenger cars showed a downward trend.
In the first four months, the production and sales of commercial vehicles were 1.918 million and 1.956 million, up 47.0 and 47.3 respectively. Among the main varieties of commercial vehicles, the overall production and sales of passenger cars and trucks continued to maintain rapid growth compared with the same period last year.
In the first four months, among the main varieties of trucks, the growth rate of production and sales of minivans was slightly lower than that of the same period last year, while the production and sales of the other three categories of trucks still maintained rapid growth. Among the main varieties of passenger cars, compared with the same period of last year, the output of large passenger cars decreased, the sales volume increased slightly, and the production and sales of medium and light passenger cars increased rapidly.
In April, the output of new energy vehicles increased slightly from the previous month, and the sales volume decreased slightly, and continued to maintain a rapid growth year-on-year. The production and sales reached 216000 and 206000 vehicles respectively. The output increased by 0.1 month-on-month, and the sales volume decreased by 8.7, 1.6 times and 1.8 times year-on-year. Among the main varieties of new energy vehicles, compared with the previous month, the production and sales of pure electric vehicles decreased slightly, the production of plug-in hybrid vehicles increased slightly, and the sales volume decreased slightly; compared with the same period of last year, the production and sales of pure electric and plug-in hybrid vehicles continued to maintain rapid growth, among which the growth rate of pure electric vehicles was more significant.
In the first four months, the production and sales of new energy vehicles both exceeded 700000, reaching 750000 and 732000 respectively, a year-on-year increase of 2.6 times and 2.5 times. Among the main varieties of new energy vehicles, compared with the same period last year, the production and sales of pure electric vehicles and plug-in hybrid vehicles continued to maintain rapid growth.
In the first four months, the top ten companies in car sales sold a total of 7.621 million vehicles, accounting for 87.1 per cent of total car sales. Among the top ten companies in auto sales, compared with the same period last year, the sales of ten companies continued to maintain a momentum of rapid growth, among which Chery, Great Wall and Changan grew more significantly. (Zhu Shiyun)
(Source: International Business)
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