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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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AutoBeta(AutoBeta.net)06/09 Report--
The automobile market, which has experienced the influence of the domestic epidemic, has finally ushered in obvious signs of growth with the recovery in the past two months. In particular, the domestic car market stabilized and rebounded in May, making it the first month in which the year-on-year growth rate returned to positive growth for the first time in 23 months.
According to statistics from the Federation of passengers, sales in the domestic narrow passenger car market reached 1.609 million in May, an increase of 1.8% over the same period last year, and a month-on-month increase of 12.6%. The cumulative sales of 6.051 million vehicles from January to May, down 26.0% from the same period last year. Of these, car sales were 770000, down 4.3 percent from the same period last year, up 11.1 percent from the previous year; MPV sales were 84000, down 21.8 percent from the same period last year, up 12.3 percent from the previous year; and SUV sales were 755000, up 13.1 percent from the same period last year and 14.2 percent from the previous year. Obviously, the market is still strong in the SUV sector to achieve growth.
From the perspective of the specific car field, the ranking of best-selling car models did not change much in May this year, but the year-on-year growth increased to varying degrees, with the top 15 maintaining double-digit growth and even triple-digit growth. The top three are Xuanyi, Xinlangyi and Carola models. Among them, the new Lang Yi of SAIC-Volkswagen has slipped to second place for two months in a row under the influence of the environment. at the same time, the year-on-year growth rate has also changed from the growth trend in April to a downward trend, lagging far behind Nissan Xuanyi models, and the gap is widening.
The "Matthew effect" of FAW-Volkswagen and the best-selling Japanese brands in May was even stronger, and there was a fierce growth trend stimulated by the market. Among them, Toyota Liling grew by 8.1%, while the Honda Civic returned to 20,000 vehicles.
In addition, under the performance of the car market this month, nothing is more prominent than luxury brands, which showed signs of rebounding in March after the market fell in February and continued until May this year, so that four luxury models entered the top 15 list. Among them, the Audi A6 entered the car list with the highest increase of 192.4%.
Compared with the car market, which is on a downward trend, SUV's market performance was stronger in May. Among them, 6 of the top 15 best-selling models declined, and the biggest decline was the Tuguan model of the SAIC-Volkswagen brand. It has to be said that since 2020, SAIC-Volkswagen models have declined to varying degrees under the influence of many factors. In particular, Passat has not been on the list for many months.
In terms of specific SUV models in May, proprietary brands slightly outperformed joint venture models, with the exception of Nissan brands Qijun and Xiaoke models and Honda XR-V declining. It is worth noting that the independent brand Great Wall H6 has been superior performance. Although there are many SUV models of domestic independent brands, there are still few models that can really attract the attention of the market.
As for the MPV market, despite strong signs of market recovery, more than half of the top 15 best-selling models have declined. For example, Wuling Hongguang, the best seller in China, still experienced a decline of 8.9%. It is worth noting that Mercedes-Benz brand MPV models also appeared on the list this month, while the rest of the growth models are mainly mid-and high-end models, which also shows that practical consumers have slowly rebounded due to the market recovery.
Judging from the performance of the best-selling models this month, in the environment of market recovery, in addition to some luxury brands, the strong models are still in a stronger trend, while the weaker models are still showing a decline. Although the car market grew in May, allowing manufacturers to have a certain degree of confidence in the later stage, since June last year was the last period of the "National five-year Plan", it is difficult for sales to break through in June this year.
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