On May 11th, China Association of Automobile Manufacturers announced the production and sales data of China's autos in April 2018. In April, the domestic automobile production and sales reached 2,397.4,400 and 2,318,600, respectively, which were 12.27% and 11.47% year-on-year, respectively, a decrease of 8.79% and a month-on-month respectively. 12.71%; Based on data from January to April, China’s cumulative production and sales of automobiles reached 9.419 million and 9.5201 million vehicles, respectively, an increase of 1.78% and 4.78% year-on-year. In terms of passenger cars, a total of 9.114 million passenger cars were sold in April. It decreased by 11.72% year-on-year, representing a year-on-year increase of 11.16%. Compared with the same period, sales of passenger cars and SUVs increased rapidly. In January-April, a total of 8,011,400 passenger cars were sold, a year-on-year increase of 4.45%, and the growth rate was 1.89% higher than that in the January-March period. Percentage.
The new energy market continued to grow rapidly. In April, new energy vehicles sold a total of 82,000 vehicles, a year-on-year increase of 138.4%. From January to April data, new energy vehicles sold a total of 225,000 vehicles, an increase of 149.2% year-on-year. Assistant Secretary-General Chen Shihua of China Automobile Association believes that 'With the gradual implementation of the double-integration policy and consumers' rigid demand for new energy vehicles, the substantial increase in the sales of new energy vehicles is a normal phenomenon, and will also be able to continue.'
