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After 12 consecutive months of year-on-year decline, China's passenger car market has "bottomed out". According to the latest passenger car sales data released by the Federation of passengers, the growth rate in the first three weeks of June is 3.3%, and the growth rate in the third week of June is slower than that in the second week. Retail sales of domestic passenger car manufacturers have rebounded, and sales have rebounded to the level of the same period last year, which is also slightly better than the same period last month. At present, the market trend is still greatly affected by the implementation of the sixth national standard, and manufacturers strive to improve the self-rescue performance of retail. The strength of retail sales is mainly due to the effect of removing inventory from the five strong countries, and the inventory of the five countries determines the retail speed of clearing inventory.
According to the latest data from the Federation of passengers, retail sales in the passenger car market in June 2023 were 1.894 million, down 2.6% from the same period last year and an increase of 8.7%. In the first six months of this year, the cumulative retail sales in the passenger car market was 9.524 million, an increase of 2.7% over the same period last year.
According to the Federation of passengers, retail sales in the passenger car market in August 2023 were 1.92 million, up 2.5 per cent from a year earlier and 8.6 per cent from a month earlier, while cumulative retail sales from January to August in 2023 were 13.22 million, up 2.0 per cent from a year earlier. The Federation said that retail sales in the car market in August this year
According to the latest report released by the Federation of passengers on Sept. 8, retail sales of narrow passenger cars in August 2021 were 1.453 million, down 14.7% from a year earlier, and the cumulative retail volume from January to August in 2021 was 12.9 million, up 17.1% from a year earlier. Judging from the data, domestic narrow passenger cars have declined for four consecutive months compared with the same period last year, although the cumulative retail volume is still growing compared with the same period last year, but showing a state of contraction. From the narrow passenger car manufacturers' retail sales data released by the Federation of passengers, the sales volume of most car companies in the top 15 rankings dropped sharply, especially FAW-Volkswagen, SAIC-Volkswagen, SAIC General Motors, Guangzhou Automobile Toyota and so on.
According to data released by the Federation of passengers on March 18, retail sales of passenger cars fell 47 per cent in the first half of March (1-15) compared with the same period last year, including an average daily retail sales of 16666 vehicles in the first week (1-8), down 50 per cent from a year earlier. The average daily retail sales in the second week (9-15) was 21696, down 44 per cent from a year earlier. In March, the situation in the domestic car market is still not optimistic. Retail sales nearly halved in the first half of the month, but compared with the 61% decline in the last week of February, retail sales have picked up somewhat in March. The Federation said that the outbreak of demand growth in the first half of the month.
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.
According to data released by the Federation of passengers on October 10, retail sales in the passenger car market in September 2023 were 2.018 million, up 5.0 per cent from a year earlier and 5.0 per cent from a month earlier, while cumulative retail sales from January to September in 2023 were 15.233 million, up 2.4 per cent from a year earlier. The multiplicative association indicates that
The latest figures released by the Federation of passengers on December 8 showed that the retail volume of the narrow passenger car market in November 2020 was 2.081 million, up 8.0% from the same period last year; the cumulative retail sales of narrow passenger cars in the first 11 months of 2020 was 17.002 million, down 8.3% from the same period last year. Continuing the growth trend in October, sales of new energy vehicles exceeded 100% in November. According to the statistics of the Federation of passengers, the retail volume of new energy vehicles in November was 169000, an increase of 136.5% over the same period last year. As of November, the cumulative retail volume of domestic new energy vehicles reached 903000, an increase of 2.7% over the same period last year.
On March 9, the Federation of passengers released retail data on the passenger car market in February. Data show that the national passenger car market retailed 252000 units in February 2020, down 78.5% from the same period last year. Among them, the wholesale sales of new energy passenger cars were 11000, down 77.7% from the same period last year. In view of the reasons for the decline in sales, the Federation said that due to the sudden novel coronavirus epidemic, dealers across the country have basically closed their stores and completely stopped their sales and service operations since the Spring Festival holiday. As a result, retail sales in most dealerships were basically zero in the first three weeks of February. Judging from the car companies that have announced their sales so far, they all have different journeys.
According to the latest data released by the Federation of passengers, the retail volume of the narrow passenger car market in November 2020 was 2.081 million, an increase of 8.0% over the same period last year, while the cumulative retail sales of narrow passenger cars from January to November was 17.002 million, down 8.3% from the same period last year. According to the ranking of manufacturers' retail sales published by the Federation of passengers, there has been no major change in the shortlisted automakers in November this year. Judging from the data, SAIC GM, Changan Automobile, Great Wall Automobile, SAIC GM Wuling and other car companies have all achieved strong growth, while SAIC Volkswagen still continues the double-digit decline. It is also worth noting that Geely was in November.
According to the latest data from the Federation of passengers, retail sales in the domestic narrow passenger car market were 1.389 million in February 2023, an increase of 10.3% year-on-year and 7.4% month-on-month. The Federation said that retail sales achieved a positive growth of 7.5% month-on-month in February, which was affected by comprehensive factors such as the Spring Festival and policy withdrawal.
The latest report released by the Federation of passengers showed that retail sales of narrow passenger cars in July 2021 were 1.5 million, down 6.2% from a year earlier, and cumulative sales from January to July in 2021 were 11.445 million, an increase of 22.9% over the same period last year. Judging from the retail sales data of narrow passenger car manufacturers released by the Federation of passengers, sales of many car companies in the top 15 rankings have declined to varying degrees, especially mainstream automakers such as FAW-Volkswagen, SAIC-Volkswagen, SAIC-GM, Dongfeng Nissan, and so on. Judging from the list, the top three car companies are still FAW-Volkswagen, SAIC General Motors and SAIC Volkswagen.
The latest figures released by the Federation of passengers showed that retail sales in the passenger car market reached 1.91 million units in September, up 7.3% from a year earlier, the highest growth rate of about 8% for three consecutive months. Due to the impact of the early Spring Festival and epidemic factors on the first quarter, retail sales in the national passenger car market from January to September totaled 12.925 million, down 12.5% from the same period last year. According to the ranking of manufacturers' sales published by the Federation of passengers, the top 10 car companies have changed, with North and South Volkswagen and SAIC GM still in the top three, Geely Changan Great Wall three independent car companies in the top 10, and the rest occupied by four Japanese car companies. It is worth noting that.
The cumulative retail volume of Dongfeng Nissan for the whole of 2021 was 1134889 vehicles, down 6.4 percent from the same period last year, according to the latest retail data released by the Federation of crew members. Of this total, the retail volume of Dongfeng Nissan in December 2021 was 114093 vehicles, down 20.9 percent from the same period last year. In terms of specific models, Dongfeng Nissan has only three models with more than 10,000 vehicles in December 2021, including Xuanyi (50492), Teana (20008) and Xiaoke (16618). As the four best-selling models of Dongfeng Nissan, Qijun sold only 2808 in December and retail 101941 in 2021.
After an arduous five-nation and six-stage period, the cumulative sales of passenger cars in China from January to July ended with a year-on-year decline of 8.8%, and the depressed car-buying environment continued. The unprecedented price reduction in the terminal market makes the early consumption overdraft have a great impact on the follow-up. According to the data report released by the Federation of passengers, both terminal retail sales and manufacturers' wholesale figures "plummeted" at the beginning of August. Retail sales in the passenger car market in the first cycle of August were relatively low, with an average daily retail sales of only 27000 units, down from 40, 000 units in the same period last year and down 31 per cent from a year earlier. In addition, manufacturers wholesale 27000 sets on average for several days, a year-on-year decline.
China's cumulative passenger car sales from January to July reached 11.44 million, down 8.8 per cent from a year earlier, according to the Federation of passengers. China's auto market experienced a 12-month decline in sales, as the price cut and inventory clearance stimulated consumer demand in June, and then continued to decline in July due to early consumer overdraft. it is also an off-season for sales, and the car-buying environment will remain depressed. According to the data report released by the Federation of passengers today, whether terminal retail or manufacturer wholesale, China's car market still experienced a double-digit decline in the first three cycles of August, even reaching 20%. The first of August.
According to the latest data released by the Federation of passengers, retail sales in the domestic passenger car market reached 1.992 million units in October 2020, an increase of 8.8% over the same period last year. Due to the impact of the epidemic on the first half of the year, the cumulative retail sales of passenger cars from January to October fell 10.2% to 14.92 million vehicles from the same period last year, further narrowing the decline. According to the ranking of manufacturers' sales released by the Federation of passengers, a number of car companies showed sales growth in October, with sales growth of SAIC GM, Changan Automobile, Guangzhou Automobile Honda, Dongfeng Honda and other car companies by more than double digits. In the top 10, only SAIC-Volkswagen fell, and the decline was as high as 16.8%. Owned by FAW-Volkswagen.
July / January-July 2022 domestic manufacturer retail sales list data source: FIFA tabulation: automobile industry concern ranking of manufacturers from January to July compared with the same period last year 1 BYD 158957 172.6% FAW Volkswagen 1016787-10.6% FAW Volkswagen 153
Retail sales of new energy vehicles were 222000 in July 2021, up 169.4 per cent from a year earlier and down 3.2 per cent from a month earlier, according to the Federation of passengers. Wholesale sales of new energy vehicles were 246000, up 202.9 per cent year-on-year and 5.1 per cent month-on-month. It is understood that car companies that sold more than 10,000 new energy vehicles wholesale in July include BYD, Tesla, SAIC GM Wuling, SAIC passenger cars, and Guangzhou Automobile Ean, while only Tesla has a retail volume of more than 10,000 vehicles. According to the data of the Federation of passengers, Tesla's wholesale sales in China were 32968 in July 2021.
On August 9, the Federation released the latest monthly market analysis report on passenger car sales. Data show that retail sales of passenger cars in July 2023 were 1.775 million, down 2.3% from the same period last year and 6.3% from the previous year, of which 641000 were retail in the new energy passenger car market, up 31.9% from the same period last year.
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