Analysis of The Production And Sales Situation of China's Automotive Industry in September 2023

According to statistics and analysis from the China Association of Automobile Manufacturers, in September 2023, China's automobile production and sales both reached new historical highs, and new energy vehicles and automobile exports continued to perform well.

In September 2023, China's automobile production and sales reached 2.85 million and 2.858 million respectively, with a month-on-month increase of 10.7% and a year-on-year increase of 6.6% and 9.5%, respectively.

From January to September 2023, China's automobile production and sales reached 21.075 million and 21.069 million respectively, with year-on-year growth of 7.3% and 8.2%.

In September 2023, China's production and sales of passenger vehicles reached 2.496 million and 2.487 million respectively, with a month-on-month increase of 9.7% and 9.4%, and a year-on-year increase of 3.5% and 6.6%, respectively.

From January to September 2023, China's production and sales of passenger vehicles reached 18.168 million and 18.13 million, respectively, with year-on-year growth of 5.6% and 6.7%.

In September 2023, China's production and sales of commercial vehicles reached 354,000 and 371,000 respectively, with a month-on-month increase of 17.9% and 19.8%, and a year-on-year increase of 34.6% and 33.2%, respectively.

From January to September 2023, China's production and sales of commercial vehicles reached 2.97 million and 2.939 million, respectively, with a year-on-year increase of 19.8% and 18.3%.

In September 2023, China's production and sales of new energy vehicles reached 879,000 and 904,000 respectively, with a month-on-month increase of 4.3% and 6.8%, and a year-on-year increase of 16.1% and 27.7%, respectively.

From January to September 2023, China's production and sales of new energy vehicles reached 6.313 million and 6.278 million, respectively, with a year-on-year increase of 33.7% and 37.5%.

In September 2023, China's automobile exports reached 444,000 units, a month-on-month increase of 9% and a year-on-year increase of 47.7%.

From January to September 2023, China's automobile exports reached 3.388 million units, a year-on-year increase of 60%.

(Note: the above data are from China Association of Automobile Manufacturers)

Translated by; WONDEE Autoparts

2023/12/4