On August 11, the China Association of Automobile Manufacturers (hereinafter referred to as "CAAM") released the latest auto industry data. Data show that in July, my country's auto industry PMI was higher than 52%, which was better than the overall manufacturing industry. It maintained expansion for two consecutive months, and production and sales continued to recover. Among them, the production and sales of new energy vehicles in my country both increased by 1.2 times year-on-year, and the market share reached 24.5%.
The latest data shows that in July, automobile production and sales reached 2.455 million and 2.42 million respectively, down 1.8% and 3.3% month-on-month, and up 31.5% and 29.7% year-on-year, both higher than the previous month.
From January to July, the production and sales of automobiles reached 14.571 million and 14.477 million respectively. The output increased by 0.8% year-on-year, and the sales volume decreased by 2.0%. Compared with the January-June period, the production growth rate turned from negative to positive, and the decline in sales continued to narrow.
Among them, in July, the production and sales of new energy vehicles continued to maintain a high growth momentum year-on-year. They reached 617,000 units and 593,000 units, respectively. The production volume increased by 4.5% month-on-month, while the sales volume decreased by 0.6%, with a year-on-year increase of 1.2 times.
Specifically, among the main varieties of new energy vehicles, compared with the previous month, the production and sales of plug-in hybrid vehicles increased rapidly, the production and sales of pure electric vehicles increased slightly, and the sales volume decreased slightly, and the production and sales of fuel cell vehicles showed a significant increase. Compared with the same period of the previous year, the production and sales of the above three categories continued to maintain rapid growth.
From January to July, the production and sales of new energy vehicles reached 3.279 million and 3.194 million respectively, a year-on-year increase of 1.2 times, and a market share of 22.1%. Among the main varieties of new energy vehicles, compared with the same period of the previous year, the production and sales of pure electric vehicles, plug-in hybrid electric vehicles and fuel cell vehicles continued to maintain a rapid growth momentum.
From January to July, the top ten companies accounted for 86.31% of the total car sales
In July, the production and sales of passenger cars were 2.21 million and 2.174 million, down 1.3% and 2.1% month-on-month, and up 42.6% and 40.0% year-on-year.
From January to July, the production and sales of passenger cars were 12.645 million and 12.529 million, an increase of 10.9% and 8.3% year-on-year, and the growth rate was higher than that from January to June. Among the main types of passenger vehicles, compared with the same period of the previous year, the production and sales of basic passenger vehicles (sedans) and sport utility vehicles (SUVs) maintained growth, while the other two types of passenger vehicles both declined.
In July, the production and sales of commercial vehicles were 244,000 units and 246,000 units, down 6.2% and 12.5% month-on-month, down 22.9% and 21.5% year-on-year, and the decline was narrower than the previous month. Among the main types of commercial vehicles, compared with the previous month, the output of trucks and passenger cars decreased slightly, and the sales volume fell more significantly; compared with the same period of the previous year, the production and sales of passenger cars and trucks continued to decline rapidly.
From January to July, the top ten companies (groups) in automobile sales sold a total of 12.487 million vehicles, accounting for 86.3% of the total automobile sales. Among the top ten companies in auto sales, BYD's sales growth was the most obvious compared with the same period of the previous year. Chery and GAC also showed double-digit rapid growth, SAIC and Geely increased slightly, and all other companies showed a decline.
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Source: China Industry Network