According to the analysis of the China Association of Automobile Manufacturers, in the third quarter, with the strengthening of national subsidies for automobile scrapping and renewal, local replacement and renewal policies gradually taking effect, and car companies launching new autumn products, the passenger car market gradually recovered, especially the terminal retail market continued to strengthen, and the "Golden Nine" effect continued to emerge. The performance of the commercial vehicle market remains relatively weak.
In September 2024, the production and sales of automobiles reached 2.796 million and 2.809 million respectively, with a month on month increase of 12.2% and 14.5%, and a year-on-year decrease of 1.9% and 1.7%, respectively.
From January to September 2024, the production and sales of automobiles reached 21.47 million and 21.571 million respectively, an increase of 1.9% and 2.4% year-on-year.
In September 2024, the production and sales of passenger cars reached 2.502 million and 2.525 million respectively, with a month on month increase of 12.6% and 15.8%, and a year-on-year increase of 0.2% and 1.5%, respectively.
From January to September 2024, the production and sales of passenger cars reached 18.643 million and 18.679 million respectively, an increase of 2.6% and 3% year-on-year.
In September 2024, the production and sales of commercial vehicles reached 294000 and 284000 respectively, with a month on month increase of 8.7% and 4.4%, respectively; The year-on-year decreases were 16.8% and 23.5%, respectively.
From January to September 2024, the production and sales of commercial vehicles reached 2.827 million and 2.892 million respectively, a year-on-year decrease of 2.8% and 1.6%, respectively.
In September 2024, the production and sales of new energy vehicles reached 1.307 million and 1.287 million respectively, an increase of 48.8% and 42.3% year-on-year.
From January to September 2024, the production and sales of new energy vehicles reached 8.316 million and 8.32 million respectively, an increase of 31.7% and 32.5% year-on-year.
In September 2024, the domestic sales of automobiles reached 2.27 million units, a month on month increase of 16.9% and a year-on-year decrease of 6%.
From January to September 2024, the domestic sales of automobiles reached 17.259 million units, a year-on-year decrease of 2.4%.
In September 2024, automobile exports reached 539000 units, a month on month increase of 5.4% and a year-on-year increase of 21.4%.
From January to September 2024, automobile exports reached 4.312 million units, a year-on-year increase of 27.3%.
(Source: Industry Information Department of China Association of Automobile Manufacturers)
