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On April 9, the Federation released its latest sales report that retail sales in the passenger car market reached 1.752 million units in March 2021, up 67.2% from March 2020 and 0.2% from March 2019. Affected by the 2020 epidemic, it still maintained a large growth rate in March this year, but from a month-on-month point of view, the average growth rate over the past years is basically the same, which means that the market is back to a period of calm.
In March, China's auto market gradually entered a normal state of operation, but due to the depressed market demand, new car sales recovered slowly. According to the report of the China Automobile Association, China's automobile production and sales completed 1.422 million and 1.43 million respectively in March, down 44.5% and 43.3% respectively from the same period last year. So far, automobile production and sales have completed 3.474 million and 3.672 million respectively from January to March, with production and sales falling by 45.2% and 42.4% respectively compared with the same period last year. The China Automobile Association believes that with the gradual implementation of relevant national policies and the successive introduction of policies by local governments to promote automobile consumption, the automobile market will speed up the recovery. Under the circumstances,.
Retail sales in the national passenger car market reached 1.045 million units in March, down 40.4 percent from a year earlier, according to sales data from the Federation of passengers. Retail sales in the national passenger car market totaled 3.014 million from January to March, down 40.8 per cent from the same period last year. In terms of market segments, car sales fell 42.0% to 497000 vehicles in March from a year earlier, and cumulative sales in the first quarter fell 42.4% year-on-year to 1.443 million vehicles. MPV sales fell 47.8% year-on-year to 68000 vehicles, and first quarter cumulative sales fell 50.3% to 184000 vehicles. SUV sales fell 37.4% to 479000 vehicles.
Since April 1, the state has formally adjusted the VAT tax rate, and the manufacturing VAT tax rate has been reduced from 16% to 13%. In response to the national VAT reform policy, many car companies have implemented price cuts ahead of schedule in March. In the past March, some manufacturers also paid close attention to the hot spots and started the promotion work of going to the countryside to promote sales, but the overall increase is still not obvious. The latest data show that China's passenger car sales fell 12.1% in March from a year earlier, the 10th consecutive month of year-on-year decline. According to the latest comprehensive sales statistics released by the Federation of passengers, the domestic passenger car market sold 1.74 million vehicles in March, down 12.1% from the same period last year.
Since the resumption of normal operations in March, major car companies have accelerated the recovery of production capacity and the operation of sales operations to make up for the performance losses during the epidemic. Toyota, Honda and Mazda of Japanese carmakers were the first to report sales figures for March, a sharp decline compared with last month, which was hit hard by the COVID-19 epidemic. Toyota sold 101800 new cars in China in March, down 15.9 per cent from a year earlier. Toyota had the lowest decline among Japanese carmakers and was the one whose sales returned to 100000 + in the first month. Toyota resumed production at all its factories in China in March, and sales of all models, including premium brand Lexus, are gradually.
China's auto market has experienced an overall downturn that has lasted for nearly a year, and the decline in recent months is basically close to the red line of 20%. Gone are the days of sustained rapid growth. The sales of giant Volkswagen have declined, American brands have fallen into the doldrums, and the share of independent brands has declined, while Japanese mainstream brands have maintained a relatively strong sales momentum, forming a sharp contrast. In the just released Chinese sales statistics of the four major Japanese automakers in March, the three giants Toyota, Nissan and Honda all achieved growth to varying degrees, while small Mazda continued to fight hard and still experienced a significant decline in sales. Strictly speaking, sales are far behind the other three.
COVID-19 has undoubtedly had a great impact on the global market. He thought that in the face of the impact of the epidemic since February, China's auto market had declined by 80 per cent, which was already the biggest decline in the global auto market. However, as the epidemic has gradually spread to overseas regions, it has dealt a heavy blow to many overseas countries, with the Italian auto market falling as much as 85 per cent. According to the latest global auto market statistics in March and the first quarter, in addition to the nearly 50% decline in the Chinese market, the Indian market in Asia also declined by more than 50% in March this year. Japan and South Korea were relatively flat in March; Russia alone.
On April 10, the China Automobile Association released the latest sales figures for the Chinese automobile market. In March, the production and sales of cars completed 1.422 million and 1.43 million respectively, up 399.2% and 361.4% respectively from the previous month, and down 44.5% and 43.3% respectively from the same period last year. From January to March, automobile production and sales were 3.474 million and 3.672 million respectively, down 45.2% and 42.4% respectively from the same period last year. So far, sales in China's auto market have declined for 21 consecutive months compared with the same period last year. Among them, passenger car sales in March were 1.043 million, down 48.4% from the same period last year.
On April 27th, Toyota Motor Group released production and sales figures for March 2022 and fiscal year 2021. Data show that Toyota's global sales fell to 903031 vehicles in March 2022, down 8.1% from a year earlier, of which domestic sales in Japan were 163786, down 14.
In April, major manufacturers will release sales reports for the past March and the entire first quarter. Affected by the epidemic, it is no surprise that the data of all manufacturers have declined. Honda was the first to report March sales in China. Honda's terminal sales in China totaled 60441 vehicles in March, down 50.8 per cent from a year earlier, according to Honda. Among them, Guangzhou Auto Honda's March terminal sales were 32205, down 50.1% from a year earlier; Dongfeng Honda's March terminal sales were 28236, down 51.5% from a year earlier. Almost throughout March, Dongfeng Honda can not produce normally, most of its dealers.
On April 10, Changan Automobile released its March production and sales report, which showed that Changan Automobile produced and sold 130942 and 139737 vehicles in March, down 33.52% and 28.7% respectively from the same period last year. The cumulative production and sales volume from January to March were 275145 and 303078, down 36.97% and 32.1% respectively from the same period last year. In terms of independent brands, the March sales of Chongqing Changan, Hebei Changan and Hefei Changan were 53667, 7517 and 16050 respectively, while the cumulative sales of the three major production bases in March were 77234, down 15.96 per cent from the same period last year. Sell from January to March.
Today, the Federation released a ranking of manufacturers' sales in March. Judging from the ranking of automobile companies, the top selling position of domestic manufacturers is still FAW-Volkswagen, but six of the top 10 car companies have fallen by more than double digits, namely FAW-Volkswagen, SAIC-Volkswagen, Great Wall Motor, SAIC-GM Wuling, SAIC-GM, Dongfeng Nissan, with SAIC-GM having the highest decline, followed by FAW-Volkswagen. In the independent camp, BYD has soared again. Specifically, in March 2022, three car companies sold more than 100,000 vehicles, namely FAW-Volkswagen, Chang'an Automobile and BYD. First of all, let's take a look at the joint venture brand, in the joint venture brand, tradition.
On April 11, the Federation of passengers released the report "Analysis of the National passenger car Market in March 2022". The report shows that in March this year, there were 13 domestic companies with wholesale sales of more than 10,000 new energy vehicles, including 104338 by BYD, 65814 by Tesla, 51157 by SAIC-GM Wuling, 21817 by Chery, 20317 by Guangzhou Auto, 15624 by Changan, 15414 by Xiaopeng, 15, 57 by Great Wall, 14, 166 by Geely, 12, 26 by Nashi, 11, 034 by ideal car, 10 by SAIC passenger car.
March 2023 midsize sedan sales list is coming! According to the list of medium-sized sedan sales in March 2023, seven models sold more than 10,000 vehicles in March, which are Model 3, Accord, Mercedes-Benz C-Class, Maiteng, Camry, Passat and BMW 3-Series. Compared with February
Due to the impact of COVID-19 's epidemic on the global car market, relevant industries in the United States recently released figures on car sales in March, which have dropped to the lowest level in a decade. Although sales in China are gradually picking up thanks to the effective control of the epidemic, the market still falls short of expectations.
Affected by the 3.15 International Consumer Rights Day, the number of domestic car complaints increased significantly in the past March, and a number of model problems broke out. According to the statistics of the car quality Network, the number of effective complaints received by car owners reached 8485 in March, up 51.7% from the previous month, making it the second highest monthly number of complaints. What is more noteworthy is that March is also the busiest time for manufacturers and public relations teams. in that month, the website received 8485 complaints from car owners, while manufacturers responded to 10456 complaints from car owners, setting a new record. Of course, the feedback from manufacturers also included some complaints from car owners before March. Also.
Mazda announced that sales in china fell to 18078 in march, down 22.8% from a year earlier, and sales in china fell for the 11th month in a row. So far, Mazda sold a total of 52466 units in China from January to March. Changan Mazda, which has three models for sale, is better, with sales of 10449 in March, with a total of 32784 from January to March, while FAW Mazda sold only 7629 in March, with a total of 19682 in the first three months. Mazda set a target of 270000 vehicles by 2019, and now it is 19. 5% of its target.
On April 9, the Federation of passengers released the production and sales data of China's passenger car market in March. Data show that retail sales in the national passenger car market reached 1.045 million in March, down 40.4 percent from a year earlier. Retail sales in the national passenger car market totaled 3.014 million from January to March, down 40.8 per cent from the same period last year. Passenger car sales showed a trough V-shaped rebound in March, the Federation said in a report. The month-on-month growth rate of retail sales in March (compared with February) was the strongest in recent years, reflecting the rapid recovery of rigid demand consumption after the epidemic. Since the beginning of this year, it has been affected by the internal consumption rhythm in advance of the Spring Festival and the outbreaks of COVID-19 in China.
In March, in response to the VAT rate reduction policy, many car companies have implemented price cuts ahead of schedule, and some manufacturers have paid close attention to the hot spots to promote car sales in the countryside, but the overall increase is still not obvious. China's passenger car sales in March were 1.74 million, down 12.1% from a year earlier and the 10th consecutive month of year-on-year decline, according to sales data from the Federation of passengers. The China Automobile Circulation Association released the results of the "Automobile Dealer inventory" survey in March 2019, showing that the comprehensive inventory coefficient of automobile dealers in March was 1.8, up 16% from a year earlier and down 14% from the previous month, with inventory levels above the warning line. Specifically,.
Affected by the epidemic last year, the overall base is low, and the sales volume of the passenger car market still maintained a large growth in March this year, especially in the best-selling models. According to data from the Federation of passengers, sales in the domestic narrow passenger car market reached 1.752 million in March, an increase of 67.2% over the same period last year, and 48.6% month-on-month increase in sales of 5.092 million vehicles from January to March, an increase of 68.8% over the same period last year. In terms of specific models, car sales in March were 869000, an increase of 72.49% over the same period last year, an increase of 106000 MPVs, and a year-on-year increase of 53.29%, an increase of 53.29%.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
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