A brief Introduction to The Production and Sales of China's Auto Industry in December 2021

According to the statistics and analysis of the China Association of Automobile Manufacturers, in December 2021, China's automobile production and sales showed a rapid month-on-month growth, while the production ended a year-on-year decline, showing a slight increase, and the sales volume decreased slightly, and the decline was significantly lower than the previous month; the monthly production and sales of new energy vehicles first over 500,000 vehicles, continuing to maintain rapid growth.

In December 2021, China's automobile production and sales reached 2.907 million and 2.786 million respectively, a month-on-month increase of 12.5% and 10.5%, a year-on-year increase of 2.4% in production, and a decrease of 1.6% in sales. In 2021, the production and sales of automobiles will be 26.082 million and 26.275 million, up 3.4% and 3.8% year-on-year, ending the three-year downward trend since 2018.

In December 2021, China's passenger car production and sales reached 2.527 million and 2.422 million, up 13.2% and 10.5% month-on-month, and up 8.4% and 2.0% year-on-year. In 2021, the production and sales of passenger vehicles will be 21.408 million and 21.482 million, up 7.1% and 6.5% year-on-year, ending the three-year downward trend since 2018.

In December 2021, China's commercial vehicle production and sales reached 380,000 units and 364,000 units, a month-on-month increase of 7.7% and 10.5%, and a year-on-year decrease of 25.3% and 20.1%. In 2021, the production and sales of commercial vehicles will be 4.674 million and 4.793 million, a year-on-year decrease of 10.7% and 6.6%, ending the rapid growth trend of the previous year.

In December 2021, the performance of China's new energy vehicle market is still outstanding, with production and sales both exceeding 500,000 units, reaching new highs, reaching 518,000 units and 531,000 units respectively, a month-on-month increase of 6.7% and 11.2%, a year-on-year increase of 1.2 times and 1.1 times. In 2021, the production and sales of new energy vehicles will reach 3.545 million and 3.521 million respectively, a year-on-year increase of 1.6 times.

From: China Association of Automobile Manufacturers

Translated by; WONDEE Autoparts

2022/1/21