From January to July 2014, China's automobile production and sales continued to maintain steady growth, with production and sales in July falling back from June and maintaining growth compared with the same period last year.
First, July car sales increased by 6.71% year-on-year
According to the statistics of China Association of Automobile Manufacturers, the national automobile production and sales in July were 1,72,200 and 1,161,100 respectively, and the production and sales decreased by 7.29% and 12.34% respectively; the year-on-year growth was 8.64% and 6.71% respectively.
From January to July, the production and sales of automobiles were 13.45 million and 13.301 million, respectively, up 9.48% and 8.15% respectively.
(I) Passenger car sales in July increased by 9.72% year-on-year
In July, passenger cars produced 1,472,700 units, up 13.4% year-on-year, down 7.9% from the previous month; sales were 1,357,900 units, up 9.72% year-on-year and down 13.18% from the previous month. Among them, the sales of cars were 857,800, an increase of 2.07%; the sales of MPV was 117,900, an increase of 65.75%; the sales of SUVs was 293,300, an increase of 24.67%; the sales of cross-type passenger vehicles was 88,200, a year-on-year decrease of 2.42%.
From January to July, the production and sales of passenger cars were 11.1812 million and 109.918 million respectively, and the growth of production and sales was 12.2% and 11.00% respectively. Among them, the sales of cars was 700.94 million, an increase of 4.90%; the sales of MPV was 100.11 million, an increase of 56.60%; the sales of SUVs was 2.164 million, an increase of 35.25%; the sales of cross-type passenger cars was 864,900, a year-on-year decrease of 14.96%.
1. 1.6 liters and below displacement passenger car market share increased by 2.41%
In July, sales of passenger cars of 1.6 liters and below were 906,700, accounting for 66.77% of the passenger car sales market, an increase of 2.41 percentage points over the same period of the previous year; sales volume increased by 13.83%.
From January to July, sales of passenger cars of 1.6 liters and below were 7.364 million, accounting for 66.47% of the passenger car sales market, down 1.51 percentage points from the same period of the previous year; sales increased by 8.54% year-on-year.
2. Sales of self-owned brand passenger cars increased by 7.72% year-on-year
In July, the sales of self-owned brand passenger cars was 469,100 units, up 7.72% year-on-year, accounting for 34.55% of the passenger car sales market, down 0.64 percentage points from the same period of 2013. Among them, self-owned brand cars sold a total of 151,400 units, accounting for cars. The total sales volume was 17.65%, a decrease of 5.64 percentage points from the same period in 2013.
From January to July, the sales of self-owned brand passenger vehicles totaled 4,009,400 units, a year-on-year increase of 2.43%, accounting for 37.30% of the passenger vehicle sales market, and the occupancy rate decreased by 3.12% year-on-year; among them, the self-owned brand cars sold a total of 1.5196 million units, a year-on-year. It fell by 16.10%, accounting for 21.68% of total car sales, and its share fell by 5.43%.
(II) Sales of commercial vehicles in July decreased by 6.7% year-on-year
In July, commercial vehicle production was 247,500 units, down 13% year-on-year and 3.5% month-on-month; sales were 260,200 units, down 6.7% year-on-year and 7.6% quarter-on-quarter.
From January to July, commercial vehicles produced a total of 2,233,300 units, down 2.1% year-on-year; sales of 2.39 million units, down 3.6% year-on-year.
Second, the rapid growth of new energy vehicle production According to the statistics of motor vehicle complete vehicle certification, in July, new energy vehicles produced 5,799 vehicles, a year-on-year increase of 10 times. Among them, pure electric passenger cars produced 3,728 vehicles, a year-on-year increase of 17 times, plug-in hybrid passenger cars produced 1,036 vehicles, no output in the same period last year; pure electric commercial vehicles produced 362 vehicles, an increase of 85%, plug-in hybrid Power commercial vehicles produced 673 vehicles, an increase of 447% year-on-year.
From January to July, the cumulative production of new energy vehicles was 25,946 units, a year-on-year increase of 280%. Among them, pure electric passenger cars produced 13,829 units, an increase of nearly 7 times, and plug-in hybrid passenger cars produced 5,027 units, an increase of nearly 10 times; pure electric commercial vehicles produced 2,795 units, an increase of 46%, plug-in Hybrid commercial vehicles produced 4,295 vehicles, a year-on-year increase of 60%.
Third, the key economic performance of key enterprises in the automotive industry maintained rapid growth According to the statistics of China Association of Automobile Manufacturers, from January to June 2014, 17 key automobile enterprise groups completed industrial output value of 1,369.956 billion yuan, an increase of 14.0% year-on-year; 15268.76 billion yuan, an increase of 13.3%. The total profit and tax was 289.942 billion yuan, a year-on-year increase of 15.0%.
Fourth, the rapid growth of automobile imports According to the statistics of the customs, in June 2014, the total vehicle exports were 70,600 units, down 19.5% year-on-year, and the export value was US$1.024 billion, down 6.2% year-on-year. From January to June, the export of automobile vehicles was 437,900, down 8.9% year-on-year; the cumulative export value was 6.209 billion US dollars, up 1.1% year-on-year.
In June 2014, the total number of imported vehicles was 122,700, a year-on-year increase of 13.8%, and the import value was US$5.429 billion, a year-on-year increase of 22.4%. From January to June, the total number of imported vehicles was 695,500, an increase of 30.8% year-on-year; the cumulative import value was US$30.221 billion, a year-on-year increase of 37.6%.
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