Brief Introduction of The Production and Sales of China's Automobile Industry in June 2022

In June 2022, the supply chain of China's automobile industry affected by the epidemic has been fully restored, and automobile enterprises have accelerated the pace of production to make up for losses; with the combination of the China government's policy of halving the purchase tax and the local government's policy of promoting automobile consumption, the wholesale volume of automobiles performed well.

In June 2022, China's automobile production and sales reached 2.499 million and 2.502 million respectively, with a month-on-month increase of 29.7% and 34.4% respectively, and a year-on-year increase of 28.2% and 23.8% respectively. In the first half of 2022, China's automobile production and sales reached 12.117 million and 12.057 million respectively, a year-on-year decrease of 3.7% and 6.6% respectively.

In June 2022, China's automobile production and sales of passenger vehicles reached 2.239 million and 2.222 million respectively, with a month-on-month increase of 31.6% and 36.9% respectively, and a year-on-year increase of 43.6% and 41.2% respectively. In the first half of 2022, China's automobile production and sales of passenger vehicles reached 10.434 million and 10.355 million respectively, with a year-on-year increase of 6.0% and 3.4% respectively. The production and sales ended the downward trend and returned to the normal level generally.

In June 2022, China's automobile production and sales of commercial vehicles reached 261,000 and 281,000 respectively, with a month-on-month increase of 15.7% and 17.4% respectively; a year-on-year decrease of 33.2% and 37.4% respectively. In the first half of 2022, China's automobile production and sales of commercial vehicles reached 1.683 million and 1.702 million respectively, with a year-on-year decrease of 38.5% and 41.2% respectively.

In June 2022, China's production and sales of new energy vehicles reached 590,000 and 596,000 respectively, with an increase of 1.3 times year-on-year. The production and sales of new energy vehicles reached a new high, with a market share of 23.8%, continuing to maintain a rapid and high-speed growth trend. In the first half of 2022, China's production and sales of new energy vehicles reached 2.661 million and 2.6 million respectively, with an increase of 1.2 times year-on-year. The market share of new energy vehicles is 21.6%, among which the share of new energy vehicles in Chinese brand passenger vehicles has reached 39.8%.

From: China Association of Automobile Manufacturers

Translated by; WONDEE Autoparts

2022/7/25