On the afternoon of November 9, 2018, the information release of China Automobile Industry Association will be held in Beijing.
At the information release, Mr. Chen Shihua, Assistant secretary general of the China Automobile Industry Association, gave a detailed introduction to the production and marketing of the automobile industry and its economic operation in October 2018. In the October 2018, the car production and sales ratio showed a certain decline in the year, the decline was more pronounced, continuing the decline since July.
In January-October, car production and sales fell year-on-year, the first negative growth for the year. Overall overview of production and sales: In October, 2.3345 million cars, a 0.92% decline in the same year, a decrease of 10.05%, the sales of 2.3801 million vehicles, a decrease of 0.58% on the same year, a decrease of 11.7%. Of these, 2.0022 million vehicles were produced in passenger cars, a 1.11% decrease in the same year, a decrease of 10.01%, and 2.0468 million sales, a decrease of 0.66% in the same year, a decrease of 12.99%.
Commercial vehicles produced 332300 vehicles, an increase of 0.26% on the same year, a decrease of 10.3%, the sales of 333,300 vehicles, a decrease of 0.09% on the same year, a decrease of 2.83%. In January-October, 22.8258 million vehicles and 22.8709 million vehicles were sold and sold, down 0.39% and 0.06%.
Of these, 19.3502 million vehicles and 19.304 million vehicles were sold and sold, a decrease of 1.04% and 1.02% per cent on the same year, and commercial vehicles produced 3.4755 million and 3.567 million vehicles, an increase of 3.39% per cent and 5.47% percentage year. Passenger car production and sales: In October, in the main passenger car varieties, compared with the previous month, sports multi-purpose passenger car (SUV) production and multifunctional passenger car (MPV) sales showed a small increase, other varieties of production and marketing decreased, compared with the same period a year earlier, the production and sales of four major varieties showed a decline, multifunctional passenger cars (MPV The decline is even more pronounced. In October, 989600 and 995,800 vehicles were produced and sold in basic passenger cars (sedans), decreased by 2.55% and 1.01% on the same year, decreased by 5.79% and 10.05% yoy, and the number of sports multi-purpose passenger cars (SUVs) was sold in 855,200 and 870,900 units, the output increased by 3.52%, Sales fell 0.21%, down 10.34% and 14.69%, and multifunctional passenger cars (MPV) produced 128,000 and 147,200 vehicles, production decreased by 13.8%, sales increased 0.16%, and decreased by 28.7% and 22.42% year-on-month;
Cross-type passenger cars production and sales of 29,500 vehicles and 32,900 vehicles, a year-on-quarter decline of 15.29% and 5.5%, down 28.22% and 5.27% yoy. In January-October, 9.4024 million vehicles and 9.422 million vehicles were produced and sold in basic passenger cars (sedans), a decrease of 0.44% and 0.04% year-on-year; sports multi-purpose passenger cars (SUVs) produced and sold 8.2266 million and 8.106 million vehicles, an increase of 2.49% and 1.55% year earlier; multifunctional passenger cars (
MPV) 1.3724 million vehicles and 1.4086 million vehicles, a decrease of 16.72% and 14.14% yoy, a cross-type passenger car production and sales of 348,900 and 367,400 vehicles, a decrease of 19.72% and 19.05% yoy. Production and sales of commercial vehicles: in October, among the main varieties of commercial vehicles, the production and sales of lorries increased slightly compared with the previous month, and the passenger cars decreased slightly; the production and marketing of lorries and buses decreased compared with the same period a year earlier. In October, 289,000 vehicles and 295,200 vehicles were sold and sold, an increase of 0.62% and 1.02% in the same year, a decrease of 10.37% and 0.54%. Among them: heavy goods vehicles production and sales of 72,500 vehicles and 80,100 vehicles, a year-on-quarter increase of 0.49% and 2.99%, a decrease of 24.09% and 13.25% YoY, medium goods vehicles production and sales of 12,300 and 12,100 vehicles, a decrease of 1.08% and 4.71%, a year-on ; Light goods vehicles production and sales of 150,500 vehicles and 148,500 vehicles, production growth of 2.71%, sales decreased by 0.03%, production decreased by 2.24%, sales increased by 4.91%, minivan production and sales of 53,800 vehicles and 54,700 vehicles, production decreased by 4.29%, sales increased by 2.46%, Growth of 6.22% and 30.81% year-on-year. Bus production and sales of 43,300 vehicles and 38,100 vehicles, a year-on-quarter decline of 2.05% and 7.96%, down 9.81% and 17.53% yoy. Among them: the production and sales of 5,400 vehicles and 5,000 vehicles, the year-on-quarter decline of 27.33% and 29.1%, a decrease of 40.2% and 46.41% yoy, medium-sized passenger cars production and sales of 7,500 and 6,200 vehicles, production growth of 3.78%, sales decreased by 5.31%, a decrease of 3.07% on the same year
and 12.1%; light passenger cars production and sales of 30,400 vehicles and 26,900 vehicles, production increased by 2.86%, sales decreased by 3.17%, a year-on-month decline of 2.72% and 9.69%. In the January-October, 3.0931 million vehicles and 3.1958 million vehicles were sold and sold, an increase of 4.47% and 7.04%. Among them: heavy goods vehicles production and sales of 923,700 vehicles and 976,000 vehicles, production decreased by 3.47% year, sales increased by 1.31%, medium-sized goods vehicles production and sales of 146,100 and 150,400 vehicles, a decrease of 19.67% and 17.09% yoy, the production and sales of light goods vehicles 1.5121 million and 1.5336 million vehicles , an increase of 10.23% and 12.49% per cent, and the production and sales of minivans in 511,100 and 535,800 vehicles, an increase of 13.58% and 12.26% year-on-year. Bus production and sales of 382,500 vehicles and 371,200 vehicles, down 4.61% and 6.38% yoy. Among them: Large passenger cars production and sales of 58100 vehicles and 56,100 vehicles, a decrease of 7.44% and 9.13% yoy, medium-sized passenger cars production and sales of 56,400 and 53,300 vehicles, a decrease of 0.54% and 4.77% year-on-year, 267,900 and 261700 light passenger vehicles production and sales, a decrease of 4.8%
and 6.1%. Production and sales of new energy vehicles: in October, the production and sales of new energy vehicles completed 145,600 vehicles and 137,900 vehicles respectively, an increase of 58.13% and 51.01% respectively over a year earlier.
The production and sales of pure electric vehicles completed 116,400 vehicles and 111200 vehicles respectively, an increase of 49.69% and 44.7% respectively over a year earlier, and the production and sales of plug-in hybrid vehicles completed 29,300 and 26,600 units respectively, an increase of 103.98% and 84.64% respectively over a year earlier. In January-October, the production and sales of new energy vehicles completed 879,000 vehicles and 860,100 vehicles respectively, an increase of 69.95% and 75.59% respectively over a year earlier.
The production and sales of pure electric vehicles completed 670,300 vehicles and 652,600 vehicles respectively, an increase of 56.88% and 62.29% respectively over a year earlier, and the production and sales of plug-in hybrid vehicles completed 208,600 and 207,300 units respectively, an increase of 131.97% and 136.42% respectively over a year earlier. Sales of automobile production enterprises: in October, the top ten enterprises in automobile sales were: SAIC, Dongfeng, FAW, Baic, GAC, Changan, Geely, Great Wall, brilliance and Chery. The Great Wall sold at its fastest pace compared to last month, with a small increase in Dongfeng, Baic, GAC and Geely, with all five other companies falling.
In October, the 10 companies sold a total of 2.149 million vehicles, accounting for 90.29% of the total sales of cars. In the January-October, the top ten companies in auto sales were SAIC, Dongfeng, FAW, Baic, Changan, GAC, Geely, the Great Wall, brilliance and Chery. Compared with the same period a year earlier, Changan sales fell faster, the east wind and the Great Wall decreased slightly lower, other enterprises have increased, Geely, Chery and brilliance growth rate is more obvious.
In January-October, the 10 companies sold a total of 20.3958 million vehicles, accounting for 89.18% of the total sales of cars. In the January-October, the top 10 companies in China branded car sales were: SAIC, Geely, Changan, Dongfeng, Baic, Great Wall, Chery, FAW, GAC and Jianghuai. Geely and SAIC sales showed a relatively fast double-digit growth compared with the same period a year earlier, with Chery and GAC growing at a slightly lower rate, with six other companies falling to varying degrees and the decline in Dongfeng and baic more pronounced.