In the first four months of this year, the production and sales of automobiles reached 8.355 million and 8.235 million respectively, with year-on-year growth of 8.6% and 7.1%, respectively. Chen Shihua said that since the epidemic in April last year led to the basic stagnation of production and supply, the production and sales of automobiles once fell precipitously, with a relatively low base in the same period. This year, the cumulative production and sales have turned from negative to positive.

　　Among them, the production and sales of new energy vehicles reached 2.291 million and 2.222 million respectively, with a year-on-year increase of 42.8% and a market share of 27%. Xu Haidong said, "At the beginning of the year, we predicted that the annual production and sales of new energy vehicles would reach 9 million units, an increase of 2-3 million units compared to last year. This will definitely put some pressure on fuel vehicles, and the market share will gradually be replaced by new energy vehicles

　　In April, the performance of automobile production and sales was polarized on a month on month basis. Yesterday (May 11th), the China Automobile Association released data showing that in April, China's automobile production and sales completed 2.133 million and 2.159 million units, respectively, a decrease of 17.5% and 11.9% month on month, and a year-on-year increase of 76.8% and 82.7%, respectively.

　　Chen Shihua, Deputy Secretary General of the China Automobile Association, said that in April, due to the low base effect in the same period last year, the production and sales of the automobile market increased significantly year on year. However, due to the irrational promotion trend since March, which has caused consumers to hold onto currency and wait, automotive consumption is still in the process of slow recovery, and the recovery speed of the commercial vehicle industry is slower than expected, resulting in a decrease in production and sales in April compared to the previous month.

　　In the first four months, the production and sales of automobiles were 8.355 million and 8.235 million, respectively, with year-on-year growth of 8.6% and 7.1%. Chen Shihua said that since the epidemic in April last year led to the basic stagnation of production and supply, the production and sales of automobiles once fell precipitously, with a relatively low base in the same period. This year, the cumulative production and sales have turned from negative to positive.

　　Specifically, in terms of passenger cars, the production and sales in April were 1.778 million and 1.811 million, respectively, a decrease of 17.3% and 10.2% month on month, and a year-on-year increase of 78.5% and 87.7%, respectively. Among them, the domestic sales of traditional fuel passenger vehicles reached 985000 units, an increase of 389000 units compared to the same period last year, a year-on-year increase of 65.2%, and a decrease of 15.8% compared to the same period last year.

　　"At present, the demand power of the domestic automobile market is still weak, the effective demand has not been fully released, and the impact of irrational promotion in March has not been completely eliminated. There is still the phenomenon of watching with money." Chen Shihua said that now the number of consumers entering stores is growing rapidly, but the transaction rate is low, there is a wait-and-see attitude with money, and some people are struggling to buy fuel vehicles or new energy vehicles.

　　From January to April, the production and sales of passenger cars reached 7.052 million and 6.949 million respectively, with year-on-year growth of 8.6% and 6.8%, respectively. In terms of vehicle models, compared to the same period last year, except for a double-digit decline in the production and sales of crossover passenger cars, the production and sales of the other three major categories of vehicle models have shown varying degrees of growth.

　　From a hierarchical perspective, in the first four months of traditional energy passenger vehicles, A0 and C class vehicles showed positive growth year-on-year, while A00, A, and B class vehicles showed varying degrees of decline year-on-year. At present, sales are mainly concentrated in A-class vehicles, with a cumulative sales volume of 2.695 million units, a year-on-year decrease of 7.8%.

　　Against the backdrop of the overall recovery and growth of the passenger car market, the market share of Chinese brand passenger cars has also stabilized. In April, a total of 999000 Chinese brand passenger cars were sold, an increase of 81.4% year-on-year, accounting for 55.2% of the total passenger car sales, a decrease of 1.9 percentage points compared to the same period last year.

　　Chen Shihua believes that during the same period last year, the production and sales of joint venture car companies were greatly affected by the lockdowns in Shanghai and Jilin. The monthly proportion of Chinese brand passenger cars is relatively high, and this year it has returned to normal levels. If the special situation in April is removed, the overall market share of Chinese domestic brands is still in the upward stage, and there is hope to maintain this trend in the future, "added Xu Haidong, Deputy Chief Engineer of China Automobile Association.

　　From January to April, the total sales volume of the top ten automobile sales groups was 6.846 million units, a year-on-year increase of 3.8%, accounting for 83.1% of the total automobile sales, 2.6 percentage points lower than the same period last year. Compared with the same period last year, the sales growth of BYD, Chery, and BAIC has been significant, showing double-digit growth; FAW, Changan, and Geely saw slight year-on-year growth, while other companies showed varying degrees of decline.

　　Chen Shihua pointed out that since last year, the market share of the top ten enterprise groups has decreased, and some lower ranked enterprises have increased their market share due to rapid transformation of new energy vehicles, which also reflects the fierce competition among automotive companies.

　　It is worth mentioning that automobile exports continue to maintain a strong trend. In April, automobile companies exported 376000 vehicles, a month on month increase of 3.3% and a year-on-year increase of 1.7 times. In terms of vehicle types, the export of passenger cars reached 316000 units, an increase of 3.7% month on month and 2.2 times year-on-year; The export of 60000 commercial vehicles increased by 1.2% month on month and 41.6% year-on-year. The export of 100000 new energy vehicles increased by 28.6% month on month and 8.4 times year-on-year.

　　Among the top ten automobile export enterprises, SAIC's export volume reached 82000 vehicles, a year-on-year increase of 1.6 times, accounting for 21.7% of the total export volume. Compared to the same period last year, BYD's export growth rate was the most significant, reaching 15000 vehicles, a year-on-year increase of 15.5 times.

　　Compared to the overall car market, new energy vehicles still maintain a rapid growth trend. Data shows that in April, the production and sales of new energy vehicles completed 640000 and 636000 units respectively, a year-on-year increase of 1.1 times, and the market share reached 29.5%; From January to April, production and sales completed 2.291 million and 2.222 million vehicles respectively, with a year-on-year increase of 42.8% and a market share of 27%.

　　From January to April, the top ten enterprise groups in terms of new energy vehicle sales totaled 1.887 million units, a year-on-year increase of 58.6%, accounting for 84.9% of the total new energy vehicle sales, 8.4 percentage points higher than the same period last year. Among them, BYD's sales continue to maintain a high growth rate on a high base, with Ideal Automobile experiencing the most significant year-on-year growth rate, reaching 1.2 times.

　　Xu Haidong believes that at the beginning of the year, we predicted the annual production and sales of 9 million new energy vehicles, an increase of 2-3 million compared to last year. This will definitely put some pressure on fuel vehicles and gradually replace their market share with new energy vehicles. Chen Shihua stated that with the continuous introduction of new models in the market, the market performance of new energy vehicles in the second half of the year is expected to surpass that of the first half. (Reporter Jiang Zhiwen from China Economic Network)