The China Association of Automobile Manufacturers disclosed on the 11th that from January to August, China's automobile production and sales totaled 18.225 million units and 18.21 million units, a year-on-year increase of 7.4% and 8% respectively.
According to the China Association of Automobile Manufacturers, in August, driven by factors such as the national consumption promotion policy and preferential promotions by car companies, the demand for car purchases continued to be released. The Chinese auto market as a whole showed the characteristics of not being weak in the off-season, with both month-on-month and year-on-year growth. In that month, automobile production and sales reached 2.575 million units and 2.582 million units respectively, an increase of 7.2% and 8.2% month-on-month, and a year-on-year increase of 7.5% and 8.4% respectively.
It is worth mentioning that in August, new energy vehicles still performed well. Monthly production and sales reached 843,000 and 846,000 vehicles, respectively, an increase of 4.7% and 8.5% month-on-month, and a year-on-year increase of 22% and 27% respectively. The market share reached 32.8%.
From January to August, the production and sales of new energy vehicles totaled 5.434 million units and 5.374 million units, a year-on-year increase of 36.9% and 39.2% respectively, and the market share reached 29.5%. Among the main varieties of new energy vehicles, the production and sales of the three major categories of vehicles all showed rapid growth compared with the same period last year.
From January to August, China’s top ten automobile sales companies (groups) sold a total of 15.449 million vehicles, accounting for 84.8% of total automobile sales. Among the top ten companies in automobile sales, BYD Co., Ltd. has the most significant sales growth compared with the same period last year. Chery Holdings, Geely Holding, BAIC Group and Changan Automobile also showed double-digit growth. Great Wall Motors increased slightly, and other companies declined to varying degrees.
The China Association of Automobile Manufacturers stated that the country has recently introduced a number of measures to promote automobile consumption and stabilize industry growth to consolidate and expand the stable and positive development trend of the automobile industry. It is expected that as the effects of various policies continue to appear, and the automobile industry is about to enter the "Golden Nine and Silver Ten" sales season, major automobile companies are also constantly launching new products, which will help further release market demand and achieve the expected economic development goals of the automobile industry
微信扫一扫打赏
