Original title: China Automobile Association: Automobile production and sales in August dropped year-on-year, and sales of new energy vehicles hit a new high. Source: Sino-Singapore Jingwei
China-Singapore Jingwei Client, September 10 (Fu Yumei) On the 10th, the China Association of Automobile Manufacturers (hereinafter referred to as the China Automobile Association) released data showing that in August, China’s domestic automobile production and sales completed 1.725 million and 1.799 million, respectively. They were down by 7.4% and 3.5%, respectively, and down by 18.7% and 17.8% year-on-year, respectively. The rate of decrease was 3.2 and 5.9 percentage points larger than that in July.
The China Automobile Association said that in August 2021, automobile production and sales continued the downward trend, and the year-on-year decline was larger than the previous month. On the one hand, the intensification of the epidemic in Malaysia has led to tight production and supply of automotive-grade chips, and the shortage of corporate chips has further intensified. At the same time, due to the high base in the same period, the year-on-year decline in passenger car production and sales has increased compared with the previous month; on the other hand, the National VI emission regulations The short-term market fluctuations caused by the switchover continued to affect the demand for trucks, and the production and sales of commercial vehicles continued their rapid decline.
Data show that from January to August, the production and sales of automobiles were 16.166 million and 16.556 million, an increase of 11.9% and 13.7% year-on-year, and the growth rate continued to fall from January to July.
In August, the production and sales of passenger vehicles reached 1.497 million and 1.552 million, with output falling by 3.3% month-on-month, while sales remained flat, down 11.9% and 11.7% year-on-year. The production and sales of commercial vehicles were 229,000 and 247,000, down 27.5% and 20.9% month-on-month, and 46.2% and 42.8% year-on-year. Among the main types of commercial vehicles, compared with the previous month, the production and sales of trucks and buses continued to decline, and the decline of trucks was even more pronounced.
While the overall sales volume fell year-on-year, the new energy vehicle market outperformed the market, and production and sales continued to grow month-on-month and year-on-year. In August, the production and sales of new energy vehicles exceeded 300,000 for the first time, setting a new record high, reaching 309,000 and 321,000 respectively, representing a month-on-month increase of 8.8% and 18.6%, and a year-on-year increase of 1.8 times.
Among the main types of new energy vehicles, the production and sales of pure electric and plug-in hybrid vehicles have increased compared with the previous month, and the sales growth of pure electric vehicles has been more obvious; compared with the same period last year, pure electric and plug-in The production and sales of hybrid electric vehicles continued to maintain rapid growth. (Zhongxin Jingwei APP)
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【Edit: Ji Xiang】