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Analysis of the Production and Sales Situation of China's Automotive Industry in March 2023

Views: 0     Author: Wondee Autoparts     Publish Time: 2023-04-23      Origin: Wondee Autoparts

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According to the statistical analysis of the China Association of Automobile Manufacturers, in March 2023, China's automobile terminal market remained relatively weak, the domestic effective demand has not been fully released, the business pressure of enterprises was great, and the task of stabilizing the growth of the industry was arduous.

China auto export (1)

In March 2023, China's automobile production and sales completed 2.584 million and 2.451 million units respectively, with a month-on-month increase of 27.2% and 24%, and a year-on-year increase of 15.3% and 9.7%, respectively.

From January to March 2023, China's automobile production and sales reached 6.21 million and 6.076 million units respectively, with a year-on-year decrease of 4.3% and 6.7%, respectively.

China auto export (2)

In March 2023, China's passenger vehicle production and sales reached 2.149 million and 2.017 million units, respectively, with a month-on-month increase of 25.3% and 22%, and a year-on-year increase of 14.3% and 8.2%, respectively.

From January to March 2023, China's passenger vehicle production and sales reached 5.262 million and 5.138 million units respectively, a year-on-year decrease of 4.3% and 7.3%, respectively.

China auto export (3)

In March 2023, the production and sales of commercial vehicles in China completed an average of 434,000 units, with a month-on-month increase of 37.1% and 34.2% respectively, and a year-on-year increase of 20.4% and 17.4% respectively.

From January to March 2023, China's commercial vehicle production and sales completed 948,000 and 938,000 units respectively, a year-on-year decrease of 3.9% and 2.9%, respectively.

China auto export (4)

In March 2023, China's production and sales of new energy vehicles completed 674,000 and 653,000 units respectively, with a month-on-month increase of 22% and 24.4%, and a year-on-year increase of 44.8% and 34.8%, respectively.

From January to March 2023, China's production and sales of new energy vehicles reached 1.65 million and 1.586 million, respectively, with year-on-year growth of 27.7% and 26.2%, and a market share of 26.1%.


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

Translated by; WONDEE Autoparts

2023/4/23

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