Production and sales situation of China's automotive industry in April 2023

According to the statistics and analysis of the China Association of Automobile Manufacturers, in April 2023, due to the low base effect in the same period last year, the production and sales of the China’s automobile market achieved a rapid year-on-year growth.

In April 2023, China's automobile production and sales completed 2.133 million and 2.159 million units respectively, with a decrease of 17.5% and 11.9% month-on-month, and a year-on-year increase of 76.8% and 82.7%, respectively.

From January to April 2023, China's automobile production and sales reached 8.355 million and 8.235 million units respectively, with year-on-year growth of 8.6% and 7.1%, respectively.

In April 2023, China's passenger vehicle production and sales completed 1.778 million and 1.811 million units respectively, with a decrease of 17.3% and 10.2% month-on-month, and a year-on-year increase of 78.5% and 87.7%, respectively.

From January to April 2023, China's passenger vehicle production and sales reached 7.052 million and 6.949 million units, respectively, with year-on-year growth of 8.6% and 6.8%.

In April 2023, China's commercial vehicle production and sales completed 355,000 and 348,000 units respectively, with a decrease of 18.4% and 19.9% month-on-month, and a year-on-year increase of 68.8% and 60.5%, respectively.

From January to April 2023, China's commercial vehicle production and sales completed 1.303 million and 1.286 million units respectively, with a year-on-year increase of 8.8%.

In April 2023, China's production and sales of new energy vehicles completed 640,000 and 636,000 units respectively, with a decrease of 5% and 2.5% month-on-month, and a year-on-year increase of 1.1 times.

From January to April 2023, China's production and sales of new energy vehicles completed 2.291 million and 2.222 million units respectively, with an increase of 42.8% year-on-year.

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

Translated by; WONDEE Autoparts

2023/6/5