Source: Financial community
According to the statistical analysis of the China Association of Automobile Manufacturers, in December 2021, the passenger car market performed better overall than last month, and sales increased rapidly month-on-month, with a year-on-year decline and a slight increase.
In December 2021, production and sales of passenger cars totaled 2.527 million units and 2.422 million units, up 13.2% and 10.5% sequentially and 8.4% and 2.0% year-on-year.
In 2021, passenger car production and sales were 21.408 million units and 21.482 million units, up 7.1% and 6.5% year-on-year, ending a three-year downward trend since 2018.
In December 2021, among the main varieties of passenger cars, compared with the previous month, the production and sales of the four major types of passenger cars showed growth, of which the growth rate of basic passenger cars (cars) and sports multi-purpose passenger cars (SUVs) was more obvious; compared with the same period last year, the production and sales of basic passenger cars (cars) and sports multi-purpose passenger cars (SUVs) showed a certain growth, and the production of multi-purpose passenger cars (MPVs) and cross-type passenger cars increased, and sales declined rapidly.
In 2021, among the main varieties of passenger cars, compared with the same period last year, the production and sales of the four major passenger car varieties maintained a slight growth, except for cars, the growth rate continued to decline compared with January to November.
In December 2021, high-end brand passenger car sales reached 376,000 units, up 28.8% year-on-year.
In 2021, high-end brand passenger car sales were 3.472 million units, an increase of 20.7% year-on-year, higher than the growth rate of passenger cars by 14.2 percentage points, accounting for 16.2% of total passenger car sales, accounting for 1.9 percentage points higher than the previous year.