On March 8, the Association released the national passenger car market data, and at the same time, the top ten automobile manufacturers were released in February, and FAW-Volkswagen ranked first. According to the data, the retail sales of passenger cars in February were 1.246 million units, an increase of 4.2% year-on-year, but down 40.0% month-on-month; the cumulative retail sales of passenger cars in January and February were 3.324 million units, a year-on-year decrease of 1.8% or 60,000 units, and the overall trend this year is better. For sales fluctuations, mainly the Spring Festival holiday was 12 days earlier, resulting in a greater impact on sales in January before the festival, and february although the impact was reduced but the base was smaller, it was also the traditional sales off-season of the automotive industry, so the overall impact was larger.
Among them, compared with luxury brands and mainstream joint venture brands, benefiting from the growth of new energy vehicle sales, the retail sales of independent brands have become the only manufacturers to grow. It is understood that the retail sales volume of independent brands in February was 540,000 vehicles, an increase of 14% year-on-year, and the share of domestic retail sales was 44%, an increase of 4.3 percentage points year-on-year. In contrast, luxury brands retailed 160,000 vehicles in February, down 3% year-on-year and 44% month-on-month. Mainstream joint venture brand retail sales of 550,000 vehicles, down 1% year-on-year, all declined to varying degrees.
At the same time, the retail sales ranking of automobile manufacturers in February was released, FAW-Volkswagen ranked first with 105,000 vehicles, but fell 9.6% year-on-year; BYD ranked third with 89,000 units, an increase of 340.4% year-on-year, ranking first in its own brand and second in the overall list; SAIC Volkswagen ranked third with 80,000 vehicles, down 19.5% year-on-year. SAIC-GM, Geely Automobile, Dongfeng Nissan, FAW Toyota, SAIC-GM-Wuling, Dongfeng Honda, and GAC Toyota are in order.
It is worth noting that the head brands of independent brands Changan Automobile, Great Wall Motors, and Chery Automobile have not entered the top ten, and even have not yet released sales data, and retail sales are likely to be around 50,000 vehicles. Chery Commercial Vehicle is seeking to revitalize Southeast Automobile and has achieved further expansion.
In February, the wholesale sales of automobile manufacturers reached 1.455 million units, an increase of 26.9% year-on-year and a decrease of 32.6% month-on-month; the wholesale sales of automobile manufacturers in January and February reached 3.612 million units, an increase of 13.6% year-on-year, achieving a real start. The surge in wholesale sales was mainly due to the increase in production, and manufacturers resumed work earlier in February after the Spring Festival, with passenger car production reaching 1.492 million units in February, an increase of 31.4% year-on-year, and cumulative production reaching 3.532 million units, a year-on-year growth rate of 17.8%.
It is understood that the ability of independent brands to resume production is the fastest, with output in February increasing by 38% year-on-year and falling by 31% month-on-month, leading luxury brands with a growth rate of 15%, and joint venture brands with a growth rate of 31%.
In the eye-catching new energy field, the wholesale sales of new energy vehicles reached 317,000 units in February, an increase of 189.1% year-on-year, and the wholesale penetration rate of new energy vehicle manufacturers was 21.8%, an increase of 12.2 percentage points year-on-year. Among them, the wholesale sales of pure electric vehicles were 245,000 units, an increase of 161.7% year-on-year; the sales of plug-in hybrids were 72,000 units, an increase of 350.9% year-on-year. Among them, the total wholesale sales of A00 class and A0 class are 101,000 vehicles, accounting for 42% of the share of pure electric vehicles, but the share of B-class electric vehicles has risen to 32%, and the dumbbell structure of the pure electric market has improved significantly
There are 5 enterprises with wholesale sales of new energy manufacturers exceeding 10,000 vehicles, including: BYD 87,473 vehicles, Tesla China 56,515 vehicles, SAIC-GM-Wuling 26,046 vehicles, Geely Automobile 14,285 vehicles, and Chery Automobile 10,271 vehicles. BYD's pure electric and plug-and-mix two-wheel drive has consolidated the position of its own brand new energy leader; Tesla's wholesale sales have also increased significantly, and Geely and Chery have become increasingly obvious in catching up.
Among the new car-making brand brands, the sales of Wei Xiaoli, Extreme Krypton, Nezha, and Zero Run have not exceeded 10,000. Among them, ideal cars delivered 8414 units, an increase of 265.8% year-on-year; WEILAI automobile delivered 6131 vehicles, an increase of 9.91%; Xiaopeng Automobile delivered 6225 vehicles, an increase of 180% year-on-year; Nezha automobile delivered 7117 units, an increase of 255.49% year-on-year; Extreme Krypton Automobile delivered 2916 vehicles in February, down 69.42% month-on-month; and North and South Volkswagen's wholesale new energy vehicles were 11916 units.
The sales of new car-making forces in February have declined to varying degrees month-on-month, but ideal, Xiaopeng, Nezha, and zero-run have maintained rapid growth, and the growth rate of Weilai Automobile has slowed down, with a slight increase of 9.91% year-on-year, slightly lacking in stamina. With the establishment of new oil prices, the demand for new energy vehicles is increasing. However, it also depends on the availability of key components such as batteries and chips.