The first seven months of China's automobile production and sales exceeded 7 million vehicles and the rate of increase was 20%.


Yesterday, the China Association of Automobile Manufacturers released the latest statistics on domestic automobile production and sales in the first seven months of this year. From January to July, China's automobile production and sales reached 7,10,900 vehicles and 7,184,400 vehicles, respectively, an increase of 20.23% and 23.38% year-on-year respectively.

Driven by the country’s economic recovery, policy effects, and rigid market demand, in July, automobile production and sales changed the trend of the off-season in previous years, and went out of a strong off-season not to fade. In the fifth consecutive month, sales were maintained at more than one million vehicles. The level of the year-on-year growth was rapid.
The data show that in July, China's auto production was 1,109,600 units, a month-on-month decrease of 3.77%, and a year-on-year increase of 52.15%; sales of 1,085,600 units were down 4.95% month-on-month and a year-on-year increase of 63.57%.

According to Zhu Yiping, secretary-general of FAW-assisted management, the top ten manufacturers of automobile sales in July were: SAIC, Dongfeng, FAW, Chang'an, BAIC, GAC, Chery, BYD, Brilliance and JAC. Compared with the previous month, SAIC, Dongfeng, Guangzhou Automobile and JAC experienced a slight increase, while other companies showed a certain decline. In July, the above-mentioned ten companies sold a total of 929,500 vehicles, accounting for 86% of the total sales of automobiles.

Self-owned brands continue to remain first. In July, the self-owned brand of passenger cars sold a total of 345,600 vehicles, accounting for 41.51% of the total passenger car sales. The Japanese, German, U.S., Korean, and legal systems sold 222,400, 118,600, 80,700, 65,100 and 20,200 vehicles, respectively. At the same time, the self-owned brand is also the sales champion from January to July this year: From January to July, the self-owned brand of passenger cars sold a total of 240,000 vehicles, accounting for 44.72% of the total passenger vehicle sales.

At the same time, the list of top ten companies for car sales in July also surfaced: Shanghai Volkswagen, Shanghai GM, FAW-Volkswagen, Dongfeng Nissan, Beijing Hyundai, Guangzhou Automobile Honda, FAW Toyota, BYD, Chery and Changan Ford. In July, the above-mentioned ten companies sold a total of 400,600 vehicles, accounting for 67% of the total sales of cars.

Statistics from major auto companies show that the sales growth of Dongfeng Nissan, Beijing Hyundai Motor Co., and Jianghuai Automobile Co., Ltd. are all strikingly above 100%. Dongfeng Nissan reported sales of 53,000 vehicles in July, an increase of 104%; Beijing Hyundai sales reached 44,000, an increase of 173%; JAC sales reached 26,000 units, an increase of 105%.

The data from the association also shows that from January to July, automobile production and sales were 7,10.90 million and 7,184,400, representing a year-on-year growth of 20.23% and 23.38% respectively. Among them, the production and sales of passenger cars were 5,269,700 and 5,366,400, an increase of 25.56% and 30.91% respectively over the same period of last year; commercial vehicles were sold and produced 1,831,200 and 1,818,800, respectively, an increase of 7.14% and 5.47% respectively. In the main varieties of passenger vehicles, the decline in MPV further narrowed, and other varieties showed a different degree of growth. Among them, the cumulative sales of crossover passenger vehicles exceeded the previous year's total and performed the best.

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