Zhitong Finance APP learned that according to the statistical analysis of the China Association of Automobile Manufacturers, the production and sales of commercial vehicles in March 2022 decreased significantly year-on-year. In March 2022, commercial vehicle production and sales totaled 360,000 units, up 29.2% and 47.7% sequentially and 38.0% and 43.5% y/y. Among the main varieties of commercial vehicles, the production and sales of trucks and buses showed rapid growth month-on-month, and both showed a rapid decline year-on-year. From January to March 2022, commercial vehicle production and sales totaled 985,000 units and 965,000 units, down 29.7% and 31.7% year-on-year, a decline that was wider than in January and February. Among the main varieties of commercial vehicles, the production and sales of buses and trucks showed a rapid decline year-on-year.
In March 2022, in the subdivision of trucks, compared with the previous month, the output of mini-trucks showed a rapid decline, sales increased significantly, and the production and sales of other three major types of trucks showed growth; Compared with the same period last year, the production and sales of the four major types of trucks showed different degrees of decline, of which the decline in heavy trucks was more obvious. From January to March 2022, among the main varieties of trucks, compared with the same period last year, the production and sales of mini-trucks continued to grow, and the other three major categories showed a decline, and the decline in heavy trucks was more obvious.
In March 2022, among the subdivisions of buses, compared with the previous month, the production and sales of the three major types of bus varieties showed growth, of which the growth rate of large buses was the most significant; Compared with the same period last year, the production and sales of large buses showed an increase, and medium-sized and light buses declined.
From January to March 2022, among the main varieties of buses, compared with the same period last year, the production and sales of large buses still showed rapid growth, and medium-sized and light buses continued to decline.