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China's industrial added value of automobile manufacturing increased by 9.4% year-on-year in March 2024

author:China Business Intelligence Network

China Business Intelligence Network News: In March 2024, the added value of China's automobile manufacturing industry increased by 9.4%, down 0.4 percentage points from the previous month. From January to March 2024, the added value of China's automobile manufacturing industry increased by 9.7%.

China's industrial added value of automobile manufacturing increased by 9.4% year-on-year in March 2024

Data source: China Commercial Industry Research Institute database

Vehicle production and sales in March totaled 2.687 million units and 2.694 million units, up 78.4% m/m and 70.2% m/m and 4% and 9.9% y/y, respectively. From January to March, vehicle production and sales totaled 6.606 million units and 6.72 million units, up 6.4% and 10.6% y/y, respectively, making a good start to the first quarter.

China's industrial added value of automobile manufacturing increased by 9.4% year-on-year in March 2024

Data source: China Automobile Association and China Business Industry Research Institute

China's industrial added value of automobile manufacturing increased by 9.4% year-on-year in March 2024

Data source: China Automobile Association and China Business Industry Research Institute

For more information, please refer to the "Research Report on China's Auto Market Prospects and Investment Opportunities" released by the China Commercial Industry Research Institute, and the China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, feasibility study reports, industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meeting, "15th Five-Year Plan" and other consulting services.

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