China's auto industry is running smoothly in April, with sales and sales exceeding 2 million units.
On May 9th, a reporter learned from the monthly information conference of the China Association of Automobile Manufacturers that in April, China's automobile production and sales remained above 2 million units, slightly lower than March but still showing growth compared to the same period last year. The industry continues to operate smoothly, maintaining its upward trend.
In April, total automobile production reached 2.0667 million units, while sales totaled 2.042 million units. This marked a 6.1% and 7.6% decline from the previous month, but an 8.8% increase compared to the same period in 2023. From January to April, cumulative production was 7.953 million units, and sales reached 7.925 million units—both up by 9% and 9.1% respectively from the same period last year. However, the growth rate dropped by 4.3 and 4.1 percentage points compared to the same period in 2023, and by 0.2 and 0.1 percentage points compared to January–March.
Passenger car sales saw strong growth, while commercial vehicle sales declined. In April, passenger car production and sales were 1.6674 million and 1.6009 million units, respectively. These figures fell by 4.6% and 5.9% from the previous month, but rose by 11.3% and 11.6% compared to the same period last year. SUVs and MPVs showed particularly strong performance, with production growth exceeding 35%. Meanwhile, crossover vehicles lagged behind last year’s levels.
Commercial vehicle production and sales in April stood at 401,000 and 395,200 units, down 11.8% and 13.9% from March. Compared to April 2023, production and sales fell by 0.2% and 1.3%, respectively. Truck sales dropped significantly, with a decrease of over 10% compared to the previous month.
Chinese brand vehicle market share continued to shrink. In April, Chinese brand passenger car sales reached 596,900 units, a 11.2% drop from March but a 4.5% rise from the same period last year. Their share of total passenger car sales fell to 37.1%, down 2.2 percentage points from the previous month and 2.5 percentage points from the same period in 2023. From January to April, Chinese brand passenger car sales totaled 2.4812 million units, down 0.1% year-on-year, while the overall passenger car market grew by 10.5%. Their market share stood at 38.3%, down 4.1 percentage points from the same period last year.
Chinese brand car sales in April were 226,600 units, down 12.2% from March and 12.9% from the same period last year. Their share of total car sales dropped to 22%, down 1.7 percentage points from the previous month and 4.7 percentage points from the same period in 2023. From January to April, Chinese brand car sales totaled 941,600 units, down 16.6% year-on-year, with their market share falling by 5.8 percentage points.
Automobile exports also faced a downward trend in April. According to data from the China Association of Automobile Manufacturers, total exports reached 78,100 units, down 8.6% from March and 12.6% from the same period last year. Passenger car exports fell by 4.1% month-on-month and 13.3% year-on-year, while commercial vehicle exports dropped by 14.5% and 11.7%, respectively.
From January to April, total car exports amounted to 286,800 units, a 9.3% decline compared to the same period in 2023. The decline widened by 1.5 percentage points compared to January–March.
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