Production and sales of China's automobile industry in November 2022

According to the statistical data analysis of the China Association of Automobile Manufacturers, in November 2022, China's automobile production and sales were slightly weak, showing a downward trend both month-on-month and year-on-year. The downward trend was obvious, and the overall situation was less than expected.

In November 2022, China's auto production and sales reached 2.386 million and 2.328 million, with a month-on-month decrease of 8.2% and 7.1% respectively, and with year-on-year decrease of 7.9% both.

From January to November 2022, China's auto production and sales reached 24.628 million and 24.302 million respectively, with a year-on-year increase of 6.1% and 3.3% respectively. The cumulative growth rate slowed down, with 1.8 and 1.3 percentage points lower than that from January to October.

In November 2022, China's production and sales of passenger vehicles were 2.151 million and 2.075 million, with a month-on-month decrease of 7.8% and 7% respectively , and with a year-on-year decrease of 3.9% and 5.6% respectively.

From January to November 2022, China's production and sales of passenger vehicles reached 21.702 million and 21.292 million respectively, with a year-on-year increase of 14.7% and 11.5% respectively, and the cumulative growth rate slowed down.

In November 2022, China's production and sales of commercial vehicles were 235,000 and 253,000, with a month-on-month decrease of 11.2% and 7.5% , and with a year-on-year decrease of 33.4% and 23.4% respectively.

From January to November 2022, China's production and sales of commercial vehicles were 2.927 million and 3.01 million, respectively, with year-on-year decreases of 31.9% and 32.1% , continuing to show a double-digit decline.

In November 2022, China's production and sales of new energy vehicles reached 768,000 and 786,000 , with a year-on-year increase of 65.6% and 72.3% respectively.

From January to November 2022, China's production and sales of new energy vehicles reached 6.253 million and 6.067 million respectively, with a double year-on-year growth.

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

Translated by; WONDEE Autoparts

2022/12/27