October 2017 China's passenger car sales showed a slight increase | significantly lower than the previous month

In October, the sales volume of passenger cars showed a slight increase from the previous month and the growth rate was significantly lower than the previous month. From January to October, the sales of passenger cars maintained a slight increase over the same period of previous year, a slight deceleration from January to September.

Brief Description of Sales: Passenger vehicles sold a total of 2.3525 million units in October, up by 0.42% from the previous month and up 0.36% from the same period of previous year. Among the major passenger vehicles, compared with the previous month, the sales of basic passenger cars The sales of cross-type passenger cars decreased while other varieties showed an increase. The growth rate of multi-purpose passenger vehicles (MPVs) was even more obvious. Compared with the same period of last year, the sales of sports-purpose multipurpose passenger vehicles (SUVs) Growth, and other varieties were declining.In October, the sales volume of basic passenger cars (sedans) was 1.0171 million, down by 4.66% from the previous month and 5.42% from the same period of last year; the sales of sports multipurpose passenger vehicles (SUVs) were 1.0209 million vehicles, An increase of 5.15% over the same period of previous year, an increase of 13.94% over the same period of last year; the sales of multi-purpose passenger vehicles (MPV) reached 189,800 units, up by 14.40% from the previous month and down 18.13% from the same period of last year. Sales of cross passenger vehicles were 34,800 units, down 22.13% from the previous month and down 24.16 %.

From January to October, total sales of passenger cars were 1950.22 million units, an increase of 2.13% over the same period of last year, a deceleration of 0.25 percentage points from January to September, of which 94.528 million units were sold for basic passenger vehicles, representing a year-on-year decrease of 1.93% Sales of sports utility vehicles (SUVs) were 79.8191 million units, up 15.76% over the same period of last year; sales of multi-functional passenger vehicles (MPVs) were 1.407 million units, representing a year-on-year decrease of 17.17%; sales of cross-type passenger vehicles were 453.90 units, 25.35%.

Brief Description of Country Sales by Country: In October, the sales of China-made passenger cars totaled 1,038,600 units, up by 7.51% from the previous month and down by 1.84% from the same period of last year, accounting for 44.15% of the total sales of passenger vehicles and representing an increase of 2.91 from the previous month Percentage points.Department of German, Japanese, American, Korean and French passenger cars were sold 457,500, 368,700, 297,500, 122500 and 50300, respectively, the total sales of passenger cars 19.43%, 15.67%, 12.74%, 5.21% and 2.14% respectively. Compared with the previous month, the sales of U.S. and French brands increased slightly, while that of other foreign brands declined to a certain extent.

From January to October, the sales volume of China's brand passenger cars was 8.393 million units, an increase of 3.24% over the same period of last year, accounting for 43.04% of the total sales of passenger vehicles, representing an increase of 0.46 percentage points from the same period of previous year. Of the total passenger car sales, respectively, 3.9864 million units, 3.4226 million units, 2.396 million units, 824,500 units and 341,400 units respectively, accounting for 20.44%, 17.55%, 12.26% and 4.23% respectively of the total passenger vehicle sales % And 1.76%, respectively. Compared with January-September, the market share of German and Japanese brands decreased slightly, while other foreign brands showed a slight increase.

Sales of Small-displacement Passenger Vehicles 1.6L and Below In October, total sales of small-displacement passenger vehicles 1.6L and below were 1.6368M, an increase of 1.30% from the previous quarter and 3.08% from the same period of last year, accounting for the total sales of passenger vehicles 69.58%, an increase of 0.60 percentage points from the previous month and a decrease of 2.46 percentage points from the same period of last year.

From January to October, the sales volume of passenger cars with small displacement of 1.6 liters and below totaled 13.3361 million units, down 2% from a year earlier, accounting for 68.38% of the total passenger vehicle sales, down 2.88 percentage points from the same period of last year.

Passenger car sales by car manufacturer: In October, the top ten car manufacturers ranked the following: FAW-Volkswagen, SAIC GM, SAIC-Volkswagen, Dongfeng Limited (Headquarters), Changan Ford, Geely Holding, Beijing Hyundai, Honda, FAW Toyota and Dongfeng Yueda Kia. Compared with the previous month, SAIC-GM, Geely Holding, Guangzhou Automobile Honda and Dongfeng Yueda Kia sales growth, other companies showed a decline in October, the above ten companies sold a total of 80.98 Wan, accounting for 73.15% of the total car sales.

In October, the top ten SUV manufacturers with sales volume were: Great Wall Motor, Geely Holding, Changan Automobile, Dongfeng Limited (headquarters), SAIC-GM-Wuling, SAIC-Volkswagen, Dongfeng Motor, Guangzhou Automobile Passenger Vehicle, SAIC Motor and SAIC-GM Compared with the same month last year, sales of Guangzhou Automobile Passenger Vehicles and SAIC-GM decreased slightly while that of other enterprises showed different degrees of growth with the growth of Dongfeng Motor even more pronounced. In October, the above-mentioned 10 companies sold a total of 56500 vehicles, accounting for sales of SUVs 55.34% of the total.

In October, the sales volume of the top ten MPV manufacturers were: SAIC-GM-Wuling, Changan Automobile, SAIC-GM, Dongfeng Motor, BAIC Yinxiang, JAC, Chongqing Lifan, BAIC, Dongfeng Honda and Chery Automobile. Compared with the rapid decline in sales volume of Dongfeng Honda, the declines of Beiqi Yinxiang and Beiqi were slightly lower, other enterprises showed growth, of which Chongqing Lifan and Chery Automobile grew faster. In October, the above ten companies sold a total of 163,100 units, Accounting for 85.93% of total MPV sales.

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