China Automobile Association: China's auto production and sales fell by 20.82% and 11.12% respectively in February

Source: China Automobile Association

On March 9, China Automotive Industry Association (hereinafter referred to as China Automobile Association) held a monthly information conference for the automotive industry. The Gasgoo reporter learned from the meeting that in February 2018, China's auto production and sales completed 1,705,700 vehicles and 1,717,600 vehicles, respectively, a decrease of 36.55% and 38.86% from the previous quarter respectively, and a year-on-year decrease of 20.82% and 11.12% respectively. Among them, the total output of passenger vehicles in February was 1,439,200 units, a decrease of 38.24% from the previous period and a year-on-year decrease of 22.10%; the total sales volume was 1,475,500 units, a month-on-month decrease of 39.93%, and a year-on-year decrease of 9.63%. Specifically, the Chinese brands and brands The sales of passenger cars from the Department of Japanese, American, American, Korean and French families were 692,200, 294,400, 227,400, 167,750, 57,100 and 19,400, respectively; the total production volume of commercial vehicles in February was 266,400. Vehicles, the chain fell 25.52%, a year-on-year decrease of 13.11%; total sales of 242,100 units, a decrease of 31.43%, a decrease of 19.24%.

From January to February, China's automobile production and sales volume reached a total of 4.397 million units and 4.5267 million units, of which output fell 2.81% year-on-year, and sales volume increased 1.72% year-on-year. Specific to the market segments, the total production and sales volume of passenger vehicles in the first two months was 3,769,800 and 3,917,700 respectively, and the output was down 3.82% year-on-year, with sales volume up 2.09%. In terms of sales volume, the Chinese brands, German, Japanese, and American The sales of departmental, Korean, and French passenger cars were 1.767 million, 845,200, 648,800, 432,800, 147,300, and 61,900, respectively; the total sales volume of commercial vehicles in the first two months was 623,900. With 590,500 vehicles, output increased slightly by 3.76% year-on-year, and sales volume declined slightly by 0.66%.

Source: China Automobile Association

Passenger Cars: Sales and Sales in the Four Major Market Segments

From the perspective of passenger cars, SUVs, MPVs, and crossover passenger cars in the four major market segments of passenger cars, both production and sales volume both decreased year-on-year and year-on-year. In terms of cars, production and sales in February were 625,700 and 677,700, respectively, a decrease of 40.45% and 41.58% from the previous quarter and a decrease of 26.02% and 12% respectively year-on-year; from January to February, the total production and sales of cars were 1,748,800 and The number of 1.8357 million vehicles decreased by 6.58% and 0.74% respectively year-on-year.

SUVs, production and sales in February were 640,470 and 651,300, respectively, a decrease of 37.33% and 39.86%, a decrease of 15.01% and 3.14% year-on-year, respectively; from January to February, the total production and sales of SUVs were 1.733 million and 173.44, respectively. Ten thousand vehicles, a year-on-year increase of 4.45% and 11.63% respectively.

In terms of MPV, production and sales in February were 117,400 units and 121,500 units respectively, a decrease of 33.31% and 31.94% from the previous quarter and a year-on-year decrease of 29.43% and 17.86%. From January to February, the total production and sales volume of MPVs was 293,400 units and 30.01 respectively. Millions of vehicles, down 16.64% and 15.26% year-on-year respectively.

In terms of cross-passenger passenger cars, the production and sales volume in February was 24,000 and 25,700 respectively, a decrease of 17.99% and 28.18% compared with the same period in the previous quarter, which was a year-on-year decrease of 39.37% and 40.34%; January-February, total production and sales of cross-over passenger cars The volume was 54,300 vehicles and 61,400 vehicles, respectively, down 41.86% and 34.72% year-on-year respectively.

Source: China Automobile Association

Commercial Vehicles: Passenger and Truck Sales and Sales Double Down Bus Sales Volume Decreases Significantly

In the segment of commercial vehicles segment, the production and sales of passenger cars and trucks in the major markets in February decreased at different levels compared to the same period of last year, among which the drop in passenger car sales was particularly significant. In the past February, the production and sales volume of passenger cars in China completed 21,200 vehicles and 19,400 vehicles, respectively, a decrease of 42.42% and 44.90% compared with the previous period, and a year-on-year decrease of 6.50% and 21.19% respectively.

Further subdivided, the production and sales volume of large passenger cars in February reached 0.21 million units and 0.25 million units, respectively, a decrease of 61.53% and 45.16% compared with the previous quarter, which was a year-on-year increase of 0.52% and 38.67% respectively. The production and sales volume of medium-sized passenger vehicles reached 0.24 million vehicles and 0.19 million vehicles, respectively, a decrease of 48.61% and 52.12% compared with the previous quarter, an increase of 41.46% and 13.36% year-on-year respectively. The production and sales volume of light passenger vehicles reached 16,700 and 14,900, respectively, a decrease of 37.37% and 43.75% compared with the previous quarter, respectively, a year-on-year decrease of 11.60% and 29.21% respectively.

In terms of trucks, the production and sales volume in February completed 245,200 units and 222,700 units, respectively, a decrease of 23.58% and 29.94% compared with the previous period and a year-on-year decrease of 13.64% and 19.07% respectively.

To further subdivide, in the just-concluded February, the production and sales volume of China's heavy trucks completed 78,300 vehicles and 74,800 vehicles, respectively, a decrease of 22.31% and 31.73% compared with the previous period, respectively, down 8.94% and 13.37% year-on-year respectively. The production and sales volume of medium-sized wagons completed 14,600 vehicles and 10,400 vehicles, respectively, a decrease of 29.52% and 34.51% from the previous quarter, and the production volume increased by 13.60% year-on-year, with sales volume down by 24.41%. The production and sales volume of light trucks have respectively completed 114,500 units and 103,100 units, a decrease of 25.42% and 29.82% compared with the previous period, and a year-on-year decrease of 10.94% and 19% respectively. The production and sales volume of mini trucks completed 37,700 and 34,400 vehicles, respectively, a decrease of 17.50% and 24.39% compared with the previous quarter, a year-on-year decrease of 33.16% and 28.02% respectively.

From January to February, the total production and sales of passenger cars in China completed 58,000 vehicles and 54,700 vehicles respectively, an increase of 10.21% and 0.67% year-on-year respectively. The cumulative production and sales volume of large passenger vehicles for the first two months reached 0.77 million units and 0.72 million units respectively, an increase of 54.92% and 41.99% year-on-year, respectively; the cumulative production and sales volume of medium-sized passenger vehicles reached 0.71 million units and 0.60 million units, respectively, a year-on-year increase of 29.85. % and 8.07%; the cumulative production and sales volume of light passenger cars reached 43,300 and 41,500 respectively, of which output increased by 2.45% year-on-year, and sales volume decreased by 5.06%.

In the truck sector, the total production and sales in January-February reached 565,900 units and 540,300 units respectively, of which output increased by 3.14% year-on-year, and sales volume decreased by 0.79% year-on-year. In terms of market segments, the total production and sales volume of heavy goods vehicles in China for the first two months reached 172,200 units and 184,400 units, respectively, a year-on-year increase of 6.73% and 8.87% respectively; the cumulative total production and sales of medium-sized trucks reached 35,400 units and 26,200 units respectively. The output increased by 33.87% year-on-year, and the sales volume decreased by 9.51% year-on-year; the total production and sales volume of light trucks reached 268,800 and 250,000 vehicles, respectively, an increase of 7.70% and 1.83% respectively; the total production and sales of minivans reached 83,300 and 79,700 vehicles, respectively. , a year-on-year decrease of 21.03% and 20.91% respectively.