【Commercial Vehicle Xinnet Original】
On May 11, the China Association of Automobile Manufacturers (hereinafter referred to as the "China Association of Automobile Manufacturers") notified the industry of the production and sales data of the automobile market in April.
Overall, in April, the production and sales of automobiles in mainland China decreased month-on-month and showed rapid growth year-on-year, and the export of new energy vehicles and automobiles continued to maintain rapid growth year-on-year. Vehicle production and sales totaled 2.406 million units and 2.359 million units, reflecting a 10.5% m/m decrease and a 12.5% m/m increase of 12.8% and 9.3% y/y, respectively. Among them, the performance of commercial vehicles did not lag that of passenger cars this month.
Commercial vehicles: 357,000 units, the market has significantly "cooled"
According to the China Association of Automobile Manufacturers, commercial vehicle production and sales in April totaled 358,000 units and 357,000 units, down 18.3% m/m and 22% m/m and up 0.8% and 2.8% y/y, respectively. Compared with the "small climax" of sales in the market in March, the commercial market cooled down significantly in April, not only turning from positive to negative month-on-month, but also further narrowing the year-on-year growth.
Among the main varieties of commercial vehicles, compared with March, the production and sales of buses and trucks decreased to varying degrees; Compared with the same period last year, the production and sales of passenger cars showed double-digit growth, and the production of trucks decreased slightly and the sales volume increased slightly.
In terms of sales regions, domestic sales of commercial vehicles in April were 283,000 units, down 25.6% month-on-month and 1.6% year-on-year; Exports totaled 74,000 units, reflecting a 4.2% m/m decrease and a 24% y/y increase.
In terms of cumulative sales, in January ~ April, commercial vehicle production and sales reached 1.354 million units and 1.39 million units, up 3.9% and 8.1% y/y, respectively. Among the main varieties of commercial vehicles, compared with the same period last year, the production and sales of buses and trucks increased to varying degrees.
Among them, in January ~ April, the domestic sales of commercial vehicles were 1.102 million, a year-on-year increase of 4.1%; Commercial vehicle exports totaled 288,000 units, reflecting a 26.5% y/y increase.
Overall, commercial vehicle exports were hot this month, while the domestic market performed poorly.
Trucks: 313,000 units, up 1% y/y
In April, the truck market performed sluggishly.
According to the data, truck production and sales reached 312,000 units and 313,000 units, down 19.5% and 22.8% m/m, respectively. Production decreased by 0.6% year-on-year, while sales increased by 1% year-on-year.
In the subdivision of trucks, compared with March, the production and sales of the four major types of trucks have declined to varying degrees; Compared with the same period last year, the production and sales of light trucks increased slightly, the production and sales of heavy trucks decreased to varying degrees, the production and sales of medium-sized trucks declined, and the production and sales of mini trucks increased.
In terms of cumulative sales, in 1~4 months, among the main varieties of trucks, compared with the same period last year, the output of light trucks decreased slightly and the sales volume increased slightly, and the production and sales of the other three types of trucks increased to varying degrees.
Passenger cars: 45,000 units Medium-sized passenger cars led the month-on-month increase
In April, the bus market performed better than the truck market and the commercial vehicle market.
Specifically, in April, bus production and sales both reached 45,000 units, down 8.4% and 15.6% month-on-month, and up 11.5% and 17.6% year-on-year, respectively. In the subdivision of passenger cars, compared with March, the production and sales of medium-sized buses showed double-digit growth, the production and sales of light buses showed a double-digit decline, and the production and sales of large buses decreased slightly, and the sales volume increased slightly; Compared with the same period last year, the production and sales of the three major types of passenger cars have increased to varying degrees.
In January ~ April, the production and sales of buses were 159,000 units and 158,000 units, up 11.4% and 14.7% y/y, respectively. Among the main varieties of buses, compared with the same period last year, the production and sales of the three major types of buses have increased to varying degrees, among which the growth rate of medium-sized buses is the most obvious.
For the overall development of the automobile market, the analysis of the China Automobile Association pointed out that the current export growth rate of the mainland automobile market is greater than that of domestic sales, and the domestic automobile market needs to be further boosted. Recently, the Ministry of Commerce, the Ministry of Finance and other 7 departments issued the "Implementation Rules for the Trade-in of Vehicles", clarifying the scope and standards of capital subsidies, and coordinating the development of new energy vehicles and fuel vehicles. In the early stage, the People's Bank of China and the State Administration of Financial Supervision jointly issued the Notice on Adjusting Relevant Policies for Auto Loans, which will help further reduce the threshold for automobile consumption and form a policy synergy with the implementation rules. Local governments are also actively responding and introducing relevant supporting measures. It is believed that with the in-depth implementation of relevant policies, as well as the further increase in the pace of innovation of automobile manufacturers, and the continuous introduction of a large number of new models, will be conducive to further stimulate the consumption potential of the automobile market and expand the domestic market demand.