China's automobile production and sales fell slightly in April
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(1) Both production and sales of automobiles maintained a level of 2 million vehicles: the production and sales of automobiles in April decreased somewhat compared with that in March, but they still maintained a level of more than 2 million vehicles. Compared with the same period of last year, the industry maintained a stable overall growth. In April, the production and sales of automobiles were 2.067 million and 2,004, respectively, down 6.1% and 7.6% respectively from the previous month and 8.8% over the same period of the previous year. From January to April, China's automobile production and sales increased by 9% and 9.1% respectively over the same period of the previous year. The growth rate decreased by 4.3 and 4.1 percentage points respectively compared with the same period of the previous year, and decreased by 0.2 and 0.1 percentage points respectively from January to March.
(2) Passenger car production and sales increased rapidly compared with the same period of last year: the production and sales of passenger cars in April decreased by 4.6% and 5.9% respectively compared with the previous month, representing an increase of 11.3% and 11.6% respectively over the same period of the previous year. The production and sales of passenger cars in January-April increased by 9.8% and 10.5% respectively over the same period of the previous year.
(3) The production and sales of commercial vehicles fell slightly year-on-year: the production and sales of commercial vehicles in April decreased by 11.8% and 13.9% respectively compared with the previous month; compared with the same period of last year, the production and sales decreased by 0.2% and 1.3% respectively. From January to April, the production and sales of commercial vehicles increased by 5.5% and 3.3% respectively over the same period of the previous year, and the growth rate dropped by 2.3 and 1.8 percentage points respectively from January to March.
(4) The market share of Chinese brand passenger vehicles continued to decline: In April, sales of Chinese brand passenger vehicles decreased by 11.2% from the previous month, an increase of 4.5% over the same period of the previous year; accounting for 37.1% of the total sales of passenger vehicles. Last month, it fell by 2.2 percentage points, down 2.5 percentage points from the same period of the previous year. The market share of Chinese brand passenger cars continued to decline since September of last year.
(5) Automobile exports are lower than the same period: According to the export statistics of automobile manufacturers by the China Automobile Association, the export of automobile enterprises in April decreased by 8.6% from the previous month and decreased by 12.6% from the same period of the previous year, which continued to show a downward trend.
In addition, according to customs data, in March 2014, national automobile imports increased by 30.5% over the same period of the previous year, and automobile exports decreased by 7.6% compared with the same period of the previous year.
(6) The key enterprises have good economic returns: According to the statistics of the China Automobile Association, the total industrial output value and operating income of 17 key enterprises (groups) in the first quarter increased by 13.1% and 16.5% respectively over the same period of the previous year; the total profit and tax increased compared with the same period of the previous year. 14.6%. The growth rate of the main indicators has dropped compared with the previous two months, but the overall growth rate is relatively fast.
