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CAAM: The annual sales volume of China's automobile industry is expected to exceed 26 million units

In 2021, the shortage of chips and the rise in raw material prices are affecting the development of the automobile industry, and in the face of industry impact, China's automobile industry is still facing difficulties in the whole industry, showing strong development resilience and endogenous power. Fu Bingfeng, executive vice president and secretary general of the China Association of Automobile Manufacturers, said: "Sales of 26 million vehicles are expected to exceed in the whole year. ”

CAAM: The annual sales volume of China's automobile industry is expected to exceed 26 million units

Chen Bin, executive vice president of the China Machinery Industry Federation, revealed that automobile production and sales fell year-on-year for 6 consecutive months, the operating income of the automobile industry fell by 8.35% in October, the realized profit fell by 27.51%, and the operating income and realized profit have been down for 5 consecutive months year-on-year.

However, under the promotion of the technological reform of "electrification, networking and intelligence", the vitality of enterprises has still been significantly enhanced, and many of them have bright spots. Chinese brand passenger cars sold more than 8.4 million units in the first 11 months, accounting for more than 44% of total passenger car sales, returning to a record high and maintaining growth for eight consecutive months year-on-year.

CAAM: The annual sales volume of China's automobile industry is expected to exceed 26 million units

In the industry, new energy vehicles maintained rapid growth, with cumulative production exceeding 3 million in the first 11 months and sales of nearly 3 million vehicles. Full-year sales are expected to reach 3.4 million units, up 1.6 times year-on-year.

Automobile exports are growing rapidly, and China's automobile exports have continued the growth trend since the fourth quarter of last year, breaking the historical record for several consecutive months, and it is expected that the annual export is expected to exceed 2 million vehicles.

CAAM: The annual sales volume of China's automobile industry is expected to exceed 26 million units

Chen Bin, executive vice president of the China Machinery Industry Federation, said: "The automobile industry has always shown strong development resilience, constantly seeking new opportunities and seeking development in round after round of change. We are optimistic about the future of China's auto industry, and expect that the auto market will also maintain steady growth during the "14th Five-Year Plan" period, but at the same time we must always remain vigilant and deal with the impact that changes in the external environment may bring. ”

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