According to recent data from the China Automobile Association, in the past March, China's automobile production and sales situation was better, with both production and sales exceeding 2 million units in the month, a record high. From January to March, automobile production and sales increased by more than 10% year-on-year. The overall performance of automobile production and sales was better than industry expectations. Among them, after a two-month trough, the overall performance of commercial vehicles has also improved, and the market share of self-owned brand passenger cars has continued to increase.
Increase in the proportion of independent passenger cars
On April 11, the China Automobile Association released the data of automobile production and sales in the first quarter. In March, China's automobile production and sales were 2.085 million and 2.0351 million, respectively, up 10.88% and 10.69% respectively. Among them, the production and sales of passenger cars were 1,657,700 and 1,585,500, a year-on-year increase of 13.82% and 13.25% respectively; the production and sales of commercial vehicles were 428,200 and 449,600 respectively, a slight increase of 0.81% and 2.51%.
From January to March, the production and sales of automobiles were 5,397,100 and 5,424,500, an increase of 12.81% and 13.18% year-on-year. The growth rate has slowed down compared with the previous two months. Among them, the production and sales of passenger cars were 4,383,200 and 4,432,100, an increase of 16.23% and 17.21% year-on-year, and the growth rate was still significantly higher than the whole industry; the production and sales of commercial vehicles was 1.0139 million and 100,140, ​​and the output increased slightly by 0.08% year-on-year. The decline was 1.72%. Compared with the same period of last year, the output ended with a downward trend, and the decline in sales continued to slow down.
Chen Shihua, director of the Industry Information Department of the China Automobile Association, pointed out that March is the traditional peak season for China's automobile sales, and the overall growth has maintained a rapid growth trend. From the perspective of various models, SUVs continue to show growth of more than 40%, and self-owned brand passenger vehicles accumulate. The market share also showed a continuous upward trend. From the January to March situation, the production and sales of passenger cars have shown a rapid growth rate, which is the main driving force for the overall growth of the car.
According to data from the China Automobile Association, in March, the sales of self-owned brand passenger cars reached 687,800, a year-on-year increase of 14%; accounting for 43.4% of the total sales of passenger cars, an increase of 0.3 percentage points over the same period of the previous year. From January to March, the sales of self-owned brand passenger cars reached 1,913,100, a year-on-year increase of 18.3%, accounting for 43.3% of the total sales of passenger vehicles, an increase of 0.4 percentage points over the same period of the previous year.
Beijing market is worse than expected
Beijing Beichen Asian Games Village Auto Trading Market Center (hereinafter referred to as “North Asia Cityâ€) released the latest statistics yesterday. In March, Beijing new car transactions were 42,400 units, down 8.6% year-on-year, while used car sales were 57,000 units, up 5.8 year-on-year. %; In the first quarter, Beijing accumulated a total of 135,400 new cars, a slight decrease from the 136,200 vehicles last year; and the cumulative turnover of used cars totaled 146,600, a year-on-year decline of 0.48% compared with 147,300.
Yan Jinghui, deputy general manager of North Asia City, said that due to many negative factors, the Beijing new and old car market in the first quarter has undergone some changes and adjustments in terms of trading trends and market segment structure. After the new high and new car sales in the first month of the year, the new high since the limit purchase, the high opening and low to enter the market to deal with the adjustment period, the cumulative sales in the first quarter and the same period last year were slightly flat, lower than expected.
It is worth noting that although the pre-holiday consumption overdraft and the post-holiday market recovery are slow and the lag effect of the second-hand car sales in February on the new car market has adversely affected the sales of the Beijing car market in March, the old car The record elimination scale supports the steady growth of new car replacement sales.
Beijing second-hand car sales data shows that the average monthly sales of used cars in the second half of last year was 63,000, which was 10 percentage points higher than the annual average; the volume of used cars in January was still at a high level, 1.2 percentage points higher than the average of last year. Based on this, it is speculated that the second-hand car market in Beijing will contribute at least 30,000 or more replacement sales resources to the new car market every month.
According to Yan Jinghui's forecast, the popularity of the national auto market will pick up in April, and the sales of new cars in Beijing will be flat or slightly positive, with positive growth. The sales of used cars are flat or slightly increased year-on-year, and the chain is growing.
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