Zhitong Finance APP was informed that according to the statistical analysis of the China Association of Automobile Manufacturers, in March 2022, due to the frequent outbreak of the epidemic, the tight supply of chips, the price increase of raw materials and other factors, the overall performance of passenger car sales was less than expected. In March 2022, production and sales of passenger cars totaled 1.881 million units and 1.864 million units, up 22.4% and 25.1% sequentially and 0.6% year-on-year. From January to March 2022, production and sales of passenger cars totaled 5.499 million units and 5.545 million units, up 11.0% and 9.0% year-on-year.
In March 2022, among the main varieties of passenger cars, compared with the previous month, the production and sales of the four major passenger car varieties showed growth, of which the growth rate of multi-functional passenger cars (MPVs) and cross-type passenger cars was more obvious; Compared with the same period last year, the production and sales of cross-type passenger cars showed rapid growth, basic passenger cars (cars) increased slightly, and the production and sales of other varieties showed a decline.
From January to March 2022, among the main passenger car varieties, compared with the same period last year, the production and sales of multi-functional passenger vehicles (MPVs) showed a decline, and the production and sales of other three major passenger car varieties continued to grow.
In March 2022, domestic production of high-end brand passenger cars reached 273,000 units, down 14.3% year-on-year, a decline greater than that of passenger cars as a whole.
From January to March 2022, the sales volume of high-end brand passenger cars produced in China reached 929,000 units, an increase of 7.4% year-on-year, an increase of 1.6 percentage points lower than that of passenger cars as a whole.