In October 2014, both production and sales of automobiles exceeded 1.9 million units, and monthly production and sales basically maintained rapid growth. From January to October 2014, China's automobile production and sales exceeded 18 million units, an increase of 7.9% and 6.6% respectively.
In January and October, the automobile industry as a whole maintained steady growth.
According to the statistics of China Association of Automobile Manufacturers, in October, the national automobile production and sales were 2.044 million and 1.872 million, respectively. The production and sales increased by 6.7% and 2.8% respectively. The production increased by 1.9% and the sales increased by 0.2%.
From January to October, the production and sales of automobiles were 19.2 million and 18.89 million respectively, an increase of 7.9% and 6.6% year-on-year. The growth rate of production and sales decreased by 5.68 and 6.87 percentage points respectively compared with the same period of last year.
(1) The passenger car market continued to grow in October, and passenger cars and crossover passenger cars decreased year-on-year. SUV and MPV increased by more than 36% year-on-year.
In October, passenger cars produced 1,757,800 units, up 10.4% year-on-year and 1.9% quarter-on-quarter; sales were 1,708,900 units, up 6.4% year-on-year and 0.8% quarter-on-quarter. Among them, the sales of cars was 1.0252 million, down 0.6% year-on-year; MPV sales were 184,300, up 36.3% year-on-year; SUV sales were 387,300, up 36.3% year-on-year; cross-type passenger car sales were 84,800, down 33.4% year-on-year.
From January to October, the production and sales of passenger cars were 161,439 and 15.8644 million respectively, up 11.2% and 9.8% year-on-year. Among them, the sales of cars were 1,039,500 units, a year-on-year increase of 3.5%; the sales of MPVs was 1,49,900 units, up 49.6% year-on-year; the sales of SUVs was 3.171 million units, up 33.7% year-on-year; the sales of cross-type passenger cars was 1,154,100 units, down 16.0% year-on-year.
1.1.6 liters and below displacement passenger car sales growth year-on-year higher than the passenger car market 3.28 percentage points
In October, sales of passenger cars of 1.6 liters and below were 1,114,600, accounting for 66.8% of the passenger car sales market, down 1.29 percentage points from the previous month and 1.98 percentage points higher than the same period of the previous year; sales increased by 9.68% year-on-year. 1.15%, the year-on-year growth rate is 3.28 percentage points higher than the passenger vehicle market.
From January to October, sales of passenger cars of 1.6 liters and below were 105.752 million, accounting for 66.66% of the passenger car sales market. The market share decreased by 0.3% year-on-year; sales volume increased by 9.25% year-on-year, and the growth rate was lower than that of the passenger car market. 0.55 percentage points.
2. The growth rate of self-owned brand passenger car sales was lower than the passenger car market by 2.98 percentage points.
In October, the sales of self-owned brand passenger vehicles reached 675,600 units, a year-on-year increase of 3.42%, accounting for 39.54% of the passenger vehicle sales market. The occupancy rate decreased by 1.15 percentage points compared with the same period of last year. Among them, the self-owned brand cars sold a total of 239,600 units, a year-on-year decrease of 20.73%, accounting for 22.76% of the total sales of cars, and the share ratio decreased by 5.78 percentage points compared with the same period of last year.
From January to October, the sales of self-owned brand passenger vehicles totaled 5,998,800 units, an increase of 3.51% year-on-year, accounting for 37.81% of the passenger vehicle market. The occupancy rate decreased by 2.28 percentage points compared with last year. Among them, the self-owned brand cars sold a total of 2,191,100 units. It decreased by 16.71% year-on-year; it accounted for 21.82% of total car sales, and its occupancy rate decreased by 5.28 percentage points compared with the same period of last year.
(II) Commercial vehicle sales in October decreased by 14.9% year-on-year
In October, commercial vehicles produced 286,400 units, down 11.7% year-on-year and 1.3% quarter-on-quarter; sales were 278,300 units, down 14.9% year-on-year and 3.2% quarter-on-quarter.
From January to October, the production and sales of commercial vehicles were 3,162,200 and 3,213,700, respectively, down 6.3% and 7.1% year-on-year.
Second, October new energy vehicle production increased nearly 24 times year-on-year
According to the statistics of the complete vehicle certification of motor vehicles, in October 2014, China's new energy vehicles produced 5,685 vehicles, a year-on-year increase of nearly 24 times. Among them, 2,294 pure electric passenger cars produced, up nearly 10 times year-on-year, 2141 plug-in hybrid passenger cars; 475 pure electric commercial vehicles, up nearly 36 times year-on-year, plug-in hybrid commercial vehicles Production of 775 vehicles. The first two batches of new energy vehicles listed in the Catalogue of New Energy Vehicles Exempted from Vehicle Purchase Tax produced 4,748 vehicles, accounting for 84% of October production.
From January to October 2014, the cumulative production of new energy vehicles totaled 47,000 units, a year-on-year increase of nearly 5 times. Among them, pure electric passenger cars produced 22,200 units, a year-on-year increase of 7 times, plug-in hybrid passenger cars produced 11,100 units, a year-on-year increase of 20 times, fuel cell passenger cars produced 4; pure electric commercial vehicles produced 5,723 Vehicles increased by 133% year-on-year, and plug-in hybrid commercial vehicles produced 7,972 vehicles, an increase of 181% year-on-year.
3. The energy-saving and environmentally-friendly passenger vehicle market of 1.6 liters and below is growing rapidly.
According to the statistics of the complete vehicle certification of motor vehicles, among the 163 models listed in the “Promotion Catalogue of Energy-saving Products Huimin Project Energy-saving and Environmentally Friendly Vehicles (1.6L and below Passenger Vehicles)†(the first batch), the production models in October have 91 models produced 124,600 units, an increase of 81.63% from the previous month.
Fourth, the growth rate of economic operation indicators of key enterprises in the automotive industry maintained steady growth
According to the statistics of China Association of Automobile Manufacturers, from January to September, 17 key automobile enterprise groups completed industrial output value of 2.02 trillion yuan, an increase of 12.2% year-on-year; accumulated operating income of 2.27 trillion yuan, an increase of 11.8%; total profits and taxes 403.229 billion yuan, an increase of 10.8%.
In May and September, the import value of automobiles will be nearly 4 times the export value.
According to the statistics of the customs, in September 2013, the import of complete vehicles was 111,400, a year-on-year increase of 6.4%, the import value was 4.461 billion US dollars, an increase of 8.8%; the export of automobile vehicles was 90,600, an increase of 22.9%, and the export amount was 11.37. Billion dollars, an increase of 9.2%.
From January to September 2013, the cumulative import of complete vehicles was 1,106,200 units, a year-on-year increase of 26.0%. The cumulative import value was US$45.575 billion, up 32.6% year-on-year; the cumulative vehicle exports were 691,700 units, down 3.0% year-on-year, with an accumulated export value of 9.842 billion. The US dollar grew by 3.7% year-on-year.
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