Passenger car insurance data shows that faw-Volkswagen volkswagen brands insured 64,914 vehicles in March, down 46.6% year-on-year and up 20.7% month-on-month; the cumulative number of insurance vehicles in the first quarter was 218,654 units, down 34.6% year-on-year. It is also worth mentioning that Bora had 11,963 vehicles in March, down 52.8% year-on-year; Tuoying (which can be regarded as "Trumpet Detective") had 1,556 vehicles in March, down 51% year-on-year, and both models exceeded the overall decline of the brand.
In terms of SUV models, the main sales SUV Tanyue continued to be affected by the "particle catcher" incident, and the terminal discount was currently around 35,000-40,000 yuan, but the amount of insurance in March still fell by 42% year-on-year to 5,657 units, which was far from the performance of nearly 30,000 units sold per month at its peak. Tange's number of insured vehicles in March was 6,161 units, down 19.4% year-on-year.
The car family Sagittarius and Maiteng both fell by more than 40% in March, with 14,429 and 9,617 vehicles respectively. The pure electric model is the only bright spot, with the ID.4 CROZZ and ID.6 CROZZ in March with 3,223 units and 2,055 units, respectively, both achieving a significant increase of more than double digits.
Affected by the epidemic, since March 13, the FAW-Volkswagen plant announced the suspension of production until April 16, when the resumption of work and production began. According to the plan, most of the main sales models of FAW-Volkswagen will face medium-term restructuring, and the time node is basically after May, and it is expected that the sales volume of the FAW-Volkswagen brand will continue to decline.