China - Flash report, Production volume, 2018
Flash report, Production volume, 2018
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Flash report, December 2018
15 Jan. 2019
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China vehicle sales in 2018 reach 28,081,000 units, down 2.8% y/y
On January 14, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for 2018. Overall operation of the Chinese automotive industry in 2018 was stable. Affected by political factors and microeconomics, the volumes of production and sales were lower than expected at the beginning of the year. New energy vehicle (NEV) sales continued to grow rapidly, while exports also showed fast growth.
Production totaled 27,809,000 units, reflecting a 4.2% decline on a year-over-year (y/y) basis, while sales totaled 28,081,000 units, reflecting a 2.8% decline y/y. For the first half of 2018, sales of each month (except February) were higher compared to the same month in 2017. For the second half of 2018, the automotive market continued to suffer from negative growth, with the annual growth rate dropping to 2.8%. The industry was subject to significant pressure since the cumulative growth rate continued to decline in the second half of 2018.
Passenger vehicles: Production reached 23,529,000 units, reflecting a 5.2% decline y/y; while sales reached 23,710,000 units, reflecting a 4.1% decline y/y. Production of passenger vehicles accounted for 84.6% of the total production; while sales accounted for 84.4%. These proportions were 0.9 and 1.2 percentage points lower than those in 2017, respectively. Compared with the same period last year, the growth rate of the first half of 2018 was significantly higher than that of the second half of 2018.
Commercial vehicles: Production reached 4,280,000 units, reflecting an increase of 1.7% y/y; while sales reached 4,371,000 units, reflecting an increase of 5.1% y/y. These growth rates were 12.1 and 8.9 percentage points lower than those in 2017, respectively. Sales of each month (except February, September, and October) were higher compared to the same month in 2017.
NEVs: Production totaled 1,270,000 units, reflecting a 59.9% increase y/y; while sales totaled 1,256,000 units, reflecting a 61.7% increase y/y. Production of electric passenger vehicles reached 792,000 units, reflecting an increase of 65.5% y/y; while sales reached 788,000 units, reflecting an increase of 68.4% y/y. Production of plug-in hybrid passenger vehicles reached 278,000 units, reflecting an increase of 143.3% y/y; while sales reached 265,000 units, reflecting an increase of 139.6% y/y. Production of electric commercial vehicles reached 194,000 units, reflecting an increase of 3.0% y/y; while sales reached 196,000 units, reflecting an increase of 6.3% y/y. Production of plug-in hybrid commercial vehicles reached 6,000 units, reflecting a 58.0% y/y decline; while sales reached 6,000 units, reflecting a 58.0% y/y decline.
In 2018, sales of passenger vehicles of Chinese brands totaled 9,980,000 units reflecting a 8.0% y/y decline. This accounted for 42.1% of the totaled passenger vehicle sales with 1.8 percentage points lower than 2017.
Exports from China totaled 1,041,000 vehicles for an increase of 16.8% y/y, representing continuing fast growth but lower growth when compared to 2017. Exports of passenger vehicles reached 758,000 units reflecting an 18.5% y/y increase; while commercial vehicles totaled 283,000 units reflecting a 12.5% y/y increase. Exports of each month (except October, November, and December) were higher compared to the same month in 2017.
As predicted, China will sell about 28,100,000 vehicles in 2019 (almost the same as 2018). Those vehicles will consist of about 23,700,000 passenger vehicles (almost the same as 2018) and approximately 4,400,000 commercial vehicles (for about 1% y/y increase). After balancing imports and exports in 2019, the annual demand of China’s automotive market will be 28,200,000 units.
China - Production of vehicles
| Dec. 2018 | Jan.-Dec. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 100.95 | 40.67 | -17.93 | 1,146.58 | 41.23 | -3.95 |
| MPV | 16.77 | 6.76 | -15.87 | 168.49 | 6.06 | -17.87 |
| SUV | 83.53 | 33.65 | -26.38 | 995.86 | 35.81 | -3.19 |
| Mini Van | 4.21 | 1.70 | -7.69 | 42.01 | 1.51 | -20.75 |
| Passenger Cars Total | 205.46 | 82.77 | -21.27 | 2,352.94 | 84.61 | -5.15 |
| Commercial Vehicles Total | 42.75 | 17.22 | -0.98 | 427.98 | 15.39 | 1.69 |
| Grand Total | 248.22 | 100.00 | -18.39 | 2,780.92 | 100.00 | -4.16 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Dec. 2018 | Dec. 2017 | Y-o-Y | Jan.-Dec. 2018 |
Jan.-Dec. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | VW | Lavida | 56,470 | 47,626 | 18.6% | 489,179 | 458,271 | 6.7% |
| 2 | Nissan | Bluebird Sylphy/Sylphy | 47,159 | 43,285 | 8.9% | 486,381 | 404,394 | 20.3% |
| 3 | Wuling | Wuling Hongguang | 55,774 | 58,846 | -5.2% | 452,127 | 532,879 | -15.2% |
| 4 | Haval | Haval H6 | 50,835 | 54,113 | -6.1% | 447,582 | 483,481 | -7.4% |
| 5 | Toyota | Corolla/New Corolla | 32,970 | 31,230 | 5.6% | 371,536 | 344,297 | 7.9% |
| 6 | Baojun | Baojun 510 | 26,080 | 50,300 | -48.2% | 367,168 | 375,156 | -2.1% |
| 7 | VW | Sagitar | 29,391 | 31,443 | -6.5% | 317,690 | 333,479 | -4.7% |
| 8 | VW | Tiguan | 14,467 | 28,310 | -48.9% | 303,781 | 331,573 | -8.4% |
| 9 | VW | Jetta | 36,572 | 34,030 | 7.5% | 295,987 | 336,092 | -11.9% |
| 10 | Geely | Bo Yue | 28,508 | 32,450 | -12.1% | 272,208 | 292,004 | -6.8% |
Flash report, November 2018
11 Dec. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 13.9% y/y to 2.548 million units in November
On December 11, 2018, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for November 2018. Production and sales in November 2018 increased slightly month-over-month. Additionally, both production and sales continued their year-over-year (y/y) declines that had started in July. Year-to-date (YTD) production and sales figures from January to November showed more obvious y/y declines than that from January to October.
Overall vehicle production in November totaled 2.498 million units, up 7.0% m/m and down 18.9% y/y. Sales reached 2.548 million units, up 7.1% m/m and down 13.9% y/y. YTD production totaled 25.325 million units for a 2.6% y/y decline, while sales totaled 25.420 million units for a 1.7% y/y decline. Production and sales growth rates continue to decline.
Passenger vehicle production in November was 2.123 million units, representing a 6.0% m/m increase and a 20.5% y/y decline. Sales totaled 2.173 million units, representing a 6.2% m/m increase and a 16.1% y/y decline. Both production and sales showed y/y declines continuing for the fifth consecutive month, with the declines gradually growing in magnitude.
In the commercial vehicle segment, production totaled 375,000 units, up 13.0% m/m and down 8.7% y/y. Sales reached 374,000 units, up 12.3% m/m and 1.7% y/y.
For new energy vehicles (NEVs), production reached 173,000 units, up 36.9% y/y. Sales totaled 169,000 units, up 37.6% y/y. Among NEVs, EV production reached 135,000 units, up 23.6% y/y, while EV sales reached 138,000 units, up 30.3% y/y. Plug-in hybrid vehicle (PHV) production totaled 38,000 units for a y/y increase of 121.7%, while sales totaled 31,000 units for a y/y increase of 82.5%.
Sales of Chinese brand passenger vehicles totaled 910,000 units in November, reflecting a 23.3% y/y decline. Domestic brands accounted for 41.9% of total passenger vehicle sales, reflecting a y/y decline of 3.9 percentage points.
Exports for November reached 77,000 units, representing an m/m increase of 8.9% and a y/y decline of 12.5%. Passenger vehicle exports totaled 51,000 units, representing an increase of 2.7% m/m and a decline of 23.8% y/y. Commercial vehicle exports totaled 26,000 units, marking increases of 23.7% m/m and 23.6% y/y. Year-to-date (YTD) exports totaled 961,000 units, a 20.6% y/y increase. Passenger vehicle exports totaled 701,000 units for a 24.3% y/y increase, while commercial vehicle exports totaled 260,000 units for an 11.8% y/y increase.
China - Production of vehicles
| Nov. 2018 | Jan.-Nov. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 105.24 | 42.12 | -16.74 | 1,045.56 | 41.29 | -2.35 |
| MPV | 14.48 | 5.80 | -33.87 | 151.72 | 5.99 | -18.73 |
| SUV | 89.66 | 35.89 | -21.10 | 912.33 | 36.02 | -0.43 |
| Mini Van | 2.91 | 1.16 | -41.49 | 37.80 | 1.49 | -21.95 |
| Passenger Cars Total | 212.29 | 84.97 | -20.46 | 2,147.41 | 84.79 | -3.37 |
| Commercial Vehicles Total | 37.54 | 15.03 | -8.69 | 385.10 | 15.21 | 1.97 |
| Grand Total | 249.84 | 100.00 | -18.89 | 2,532.52 | 100.00 | -2.59 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Nov. 2018 | Nov. 2017 | Y-o-Y | Jan.-Nov. 2018 |
Jan.-Nov. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Haval | Haval H6 | 54,693 | 53,721 | 1.8% | 396,747 | 429,368 | -7.6% |
| 2 | Nissan | Bluebird Sylphy/Sylphy | 52,556 | 40,460 | 29.9% | 439,222 | 361,109 | 21.6% |
| 3 | VW | Lavida | 46,033 | 46,274 | -0.5% | 432,709 | 410,645 | 5.4% |
| 4 | Wuling | Wuling Hongguang | 45,789 | 58,867 | -22.2% | 396,353 | 474,033 | -16.4% |
| 5 | Toyota | Corolla/New Corolla | 36,020 | 32,580 | 10.6% | 338,566 | 313,067 | 8.1% |
| 6 | VW | Jetta | 34,083 | 36,497 | -6.6% | 259,415 | 302,062 | -14.1% |
| 7 | Buick | Excelle GT | 33,152 | 35,231 | -5.9% | 239,093 | 385,895 | -38.0% |
| 8 | VW | Sagitar | 30,833 | 32,622 | -5.5% | 288,299 | 302,036 | -4.5% |
| 9 | VW | Tiguan | 28,545 | 28,163 | 1.4% | 289,314 | 303,263 | -4.6% |
| 10 | VW | Santana | 26,812 | 27,908 | -3.9% | 241,968 | 257,397 | -6.0% |
Flash report, October 2018
9 Nov. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 11.7% y/y to 2.380 million units in October
On November 9, 2018, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for October 2018. Production and sales in October 2018 declined month-over-month. Additionally, both production and sales continued their year-over-year (y/y) declines that had started in July. Year-to-date (YTD) production and sales figures showed y/y declines for the first time in 2018.
Overall vehicle production in October totaled 2.334 million units, down 0.9% m/m and 10.1% y/y. Sales reached 2.380 million units, down 0.6% m/m and 11.7% y/y. YTD production totaled 22.826 million units for a 0.4% y/y decline, while sales totaled 22.871 million units for a 0.1% y/y decline. Production and sales growth rates continue to decline, resulting in m/m decreases for the first time in 2018.
Passenger vehicle production in October was 2.002 million units, representing a 1.1% m/m and 10.0% y/y decline. Sales totaled 2.047 million units, representing a 0.7% m/m and 13.0% y/y decline. Both production and sales showed y/y declines continuing for the fourth consecutive month, with the declines gradually growing in magnitude.
In the commercial vehicle segment, production totaled 332,000 units, up 0.3% m/m and down 10.3% y/y. Sales reached 333,000 units, down 0.1% m/m and 2.8% y/y. The production growth rate declined 36.9 percentage points y/y, while the sales growth rate declined 17.7 percentage points y/y.
For new energy vehicles (NEVs), production reached 146,000 units, up 58.1% y/y. Sales totaled 138,000 units, up 51.0% y/y. Among NEVs, EV production reached 116,000 units, up 49.7% y/y, while EV sales reached 111,000 units, up 44.7% y/y. Plug-in hybrid vehicle (PHV) production totaled 29,000 units for a y/y increase of 104.0%, while sales totaled 27,000 units for a y/y increase of 84.6%.
Sales of Chinese brand passenger vehicles totaled 852,000 units in October, reflecting an 18.0% y/y decline. Domestic brands accounted for 41.6% of total passenger vehicle sales, reflecting a y/y decline of 2.5 percentage points.
Exports for October reached 71,000 units, representing an m/m decline of 16.5% and a y/y decline of 19.2%. Passenger vehicle exports totaled 50,000 units, representing declines of 14.5% m/m and 21.0% y/y. Commercial vehicle exports totaled 21,000 units, marking declines of 20.8% m/m and 14.7% y/y. Year-to-date (YTD) exports totaled 884,000 units, a 24.7% y/y increase. Passenger vehicle exports totaled 650,000 units for a 30.7% y/y increase, while commercial vehicle exports totaled 234,000 units for a 10.5% y/y increase.
China - Production of vehicles
| Oct. 2018 | Jan.-Oct. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 98.96 | 42.39 | -5.79 | 940.24 | 41.19 | -0.44 |
| MPV | 12.80 | 5.48 | -28.70 | 137.24 | 6.01 | -16.72 |
| SUV | 85.52 | 36.63 | -10.34 | 822.66 | 36.04 | 2.49 |
| Mini Van | 2.95 | 1.26 | -28.22 | 34.89 | 1.53 | -19.72 |
| Passenger Cars Total | 200.22 | 85.77 | -10.01 | 1,935.02 | 84.77 | -1.04 |
| Commercial Vehicles Total | 33.23 | 14.23 | -10.30 | 347.55 | 15.23 | 3.39 |
| Grand Total | 233.45 | 100.00 | -10.05 | 2,282.58 | 100.00 | -0.39 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Oct. 2018 | Oct. 2017 | Y-o-Y | Jan.-Oct. 2018 |
Jan.-Oct. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Nissan | Bluebird Sylphy/Sylphy | 48,727 | 37,242 | 30.8% | 386,666 | 320,649 | 20.6% |
| 2 | VW | Lavida | 48,162 | 12,804 | 276.1% | 386,676 | 364,371 | 6.1% |
| 3 | Haval | Haval H6 | 41,159 | 47,898 | -14.1% | 342,054 | 375,647 | -8.9% |
| 4 | Wuling | Wuling Hongguang | 36,323 | 38,831 | -6.5% | 350,564 | 415,166 | -15.6% |
| 5 | VW | Jetta | 29,919 | 34,480 | -13.2% | 225,332 | 265,565 | -15.1% |
| 6 | VW | Santana | 29,564 | 28,477 | 3.8% | 215,156 | 229,489 | -6.2% |
| 7 | VW | Tiguan | 29,035 | 31,595 | -8.1% | 260,769 | 275,100 | -5.2% |
| 8 | Baojun | Baojun 510 | 29,029 | 42,216 | -31.2% | 318,627 | 280,752 | 13.5% |
| 9 | Toyota | Corolla/New Corolla | 28,749 | 25,569 | 12.4% | 302,546 | 280,487 | 7.9% |
| 10 | Buick | Excelle GT | 27,869 | 40,459 | -31.1% | 205,941 | 350,664 | -41.3% |
Flash report, September 2018
12 Oct. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 11.6% y/y to 2.394 million units in September
On October 12, 2018, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for September 2018. Production and sales had month-over-month (m/m) increases, and rapid year-over-year (y/y) declines. Year-to-date (YTD) production and sales from January to September showed slight y/y increases, while YTD production and sales growth rates continued to decline compared to the results from January to August.
Overall vehicle production in September totaled 2.356 million units, up 17.8% m/m and down 11.7% y/y. Sales reached 2.394 million units, up 13.8% m/m and down 11.6% y/y. YTD production totaled 20.491 million units for a 0.9% y/y increase, while sales totaled 20.491 million units for a 1.5% y/y increase. Production growth rate declined 1.9 percentage points compared to the rate from January to August, while the sales growth rate declined 2.0 percentage points compared to the rate from January to August. Overall, performance is lower than what was predicted at the beginning of the year.
Passenger vehicle production in September was 2.025 million units, representing an 18.7% m/m increase and an 11.9% y/y decline. Sales totaled 2.06 million units, representing a 15.1% m/m increase and a 12.0% y/y decline. Production and sales showed y/y declines continuing for three months in a row. YTD production of passenger vehicles totaled 17.351 million units for a 0.1% y/y increase, and YTD sales totaled 17.26 million units for a 0.6% y/y increase.
In the commercial vehicle market, production totaled 331,000 units, up 12.4% m/m and down 10.8% y/y. Sales reached 334,000 units, up 6.4% m/m and down 8.4% y/y. The production growth rate declined 35.8 percentage points y/y, while the sales growth rate declined 32.3 percentage points y/y.
For new energy vehicles (NEVs), production reached 127,000 units, up 64.4% y/y, and sales totaled 121,000 units, up 54.8% y/y. Among NEVs, EV production reached 100,000 units, up 56.1% y/y, while EV sales reached 94,000 units, up 47% y/y. Plug-in hybrid vehicle (PHV) production totaled 27,000 units for a y/y increase of 104.3%, while sales totaled 27,000 units for a y/y increase of 90%.
Sales of Chinese brand passenger vehicles totaled 806,000 units in September, reflecting a 16.5% y/y decline. These brands accounted for 39.1% of total passenger vehicle sales, reflecting a 2.1 percentage point y/y decline.
Exports for September reached 84,000 units, representing an m/m decline of 5.6% and a y/y increase of 1.1%. Passenger vehicle exports totaled 58,000 units, representing a decline of 11.3% m/m and 5.6% y/y. Commercial vehicle exports totaled 26,000 units, marking a decline of 10% m/m and an increase of 19.6% y/y. Year-to-date (YTD) exports totaled 814,000 units, a 30.9% y/y increase. Passenger vehicle exports totaled 601,000 units for a 38.2% y/y increase, while commercial vehicle exports totaled 213,000 units for a 13.8% y/y increase.
China - Production of vehicles
| Sep. 2018 | Jan.-Sep. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 101.54 | 43.09 | -9.62 | 841.28 | 41.06 | 0.23 |
| MPV | 14.84 | 6.30 | -7.77 | 124.44 | 6.07 | -15.20 |
| SUV | 82.61 | 35.06 | -14.38 | 737.14 | 35.97 | 4.21 |
| Mini Van | 3.49 | 1.48 | -27.27 | 32.20 | 1.57 | -18.16 |
| Passenger Cars Total | 202.48 | 85.95 | -11.86 | 1,735.07 | 84.68 | 0.13 |
| Commercial Vehicles Total | 33.14 | 14.05 | -10.82 | 314.07 | 15.33 | 5.17 |
| Grand Total | 235.62 | 100.00 | -11.70 | 2,049.13 | 100.00 | 0.87 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Sep. 2018 | Sep. 2017 | Y-o-Y | Jan.-Sep. 2018 |
Jan.-Sep. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | VW | Lavida | 46,883 | 43,844 | 6.9% | 338,514 | 351,567 | -3.7% |
| 2 | Nissan | Bluebird Sylphy/Sylphy | 46,808 | 38,579 | 21.3% | 337,939 | 283,407 | 19.2% |
| 3 | Haval | Haval H6 | 34,540 | 41,125 | -16.0% | 300,895 | 327,749 | -8.2% |
| 4 | Buick | Excelle GT | 31,324 | 39,218 | -20.1% | 178,072 | 310,205 | -42.6% |
| 5 | Wuling | Wuling Hongguang | 30,520 | 36,635 | -16.7% | 314,241 | 376,335 | -16.5% |
| 6 | VW | Santana | 29,480 | 30,198 | -2.4% | 185,592 | 201,012 | -7.7% |
| 7 | VW | Jetta | 28,855 | 34,313 | -15.9% | 195,413 | 231,085 | -15.4% |
| 8 | Toyota | Corolla/New Corolla | 27,591 | 32,362 | -14.7% | 273,797 | 254,918 | 7.4% |
| 9 | Emgrand | Emgrand | 26,607 | 25,186 | 5.6% | 192,759 | 181,978 | 5.9% |
| 10 | VW | Sagitar | 26,601 | 31,424 | -15.3% | 231,476 | 240,306 | -3.7% |
Flash report, August 2018
11 Sep. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 3.8% y/y to 2.103 million units in August
On September 11, 2018, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for August 2018. Production had a month-over-month (m/m) decline. Sales had a rapid m/m increase, and a slight y/y decline. Year-to-date (YTD) production and sales from January to August maintained slight increases, while YTD production and sales growth rates declined compared to the results from January to July.
Overall vehicle production in August totaled 2 million units, down 2.1% m/m and 4.4% y/y. Sales reached 2.103 million units, up 11.3% m/m and down 3.8% y/y. YTD production totaled 18.135 million units for a 2.8% y/y increase, while sales totaled 18.096 million units for a 3.5% y/y increase. Production growth rate declined 0.7 percentage points compared to the rate from January to July, while sales growth rate declined 0.8 percentage points compared to the rate from January to July. Overall, the performance matches what was predicted at the beginning of the year.
Passenger vehicle production in August was 1.705 million units, representing a 1.2% m/m decline and a 4.7% y/y decline. Sales totaled 1.790 million units, representing a 12.6% m/m increase and a 4.6% y/y decline. Production and sales showed declines continued for two months.
In the commercial vehicle market, production totaled 295,000 units, down 7.2% m/m and 2.4% y/y. Sales reached 313,000 units, up 4.7% m/m and 1.1% y/y. Production growth rate declined 15.6 percentage points y/y, while sales growth rate declined 11.7 percentage points y/y.
For new energy vehicles (NEVs), production reached 99,000 units, up 39.0% y/y, and sales totaled 101,000 units, up 49.5% y/y. Among NEVs, EV production reached 72,000 units, up 24.2% y/y, while EV sales reached 73,000 units, up 31.7% y/y. Plug-in hybrid vehicle (PHV) production totaled 27,000 units for a y/y increase of 102.3%, while sales totaled 28,000 units for a y/y increase of 130.8%.
Sales of Chinese brand passenger vehicles totaled 684,000 units in August, reflecting an 11.1% y/y decline. These brands accounted for 38.2% of total passenger vehicle sales, reflecting a 2.8 y/y percentage point decline.
Exports for August reached 89,000 units, representing an m/m decline of 4.9% and a rapid y/y increase of 21.2%. Passenger vehicle exports totaled 66,000 units, representing a decline of 5.1% m/m and an increase of 24.6% y/y. Commercial vehicle exports totaled 24,000 units, marking a decline of 4.2% m/m and an increase of 12.8% y/y. Year-to-date (YTD) exports totaled 729,000 units, a 35% y/y increase. Passenger vehicle exports totaled 543,000 units for a 45.4% y/y increase, while commercial vehicle exports totaled 186,000 units for a 13.0% y/y increase.
China - Production of vehicles
| Aug. 2018 | Jan.-Aug. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 85.97 | 42.99 | -3.26 | 738.96 | 40.75 | 1.65 |
| MPV | 11.15 | 5.58 | -11.35 | 108.86 | 6.00 | -16.68 |
| SUV | 70.14 | 35.07 | -5.29 | 651.9 | 35.95 | 6.71 |
| Mini Van | 3.26 | 1.63 | -5.52 | 28.71 | 1.58 | -16.90 |
| Passenger Cars Total | 170.52 | 85.26 | -4.71 | 1,531.88 | 84.47 | 1.92 |
| Commercial Vehicles Total | 29.47 | 14.74 | -2.43 | 281.58 | 15.53 | 7.69 |
| Grand Total | 199.99 | 100.00 | -4.38 | 1,813.47 | 100.00 | 2.77 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Aug. 2018 | Aug. 2017 | Y-o-Y | Jan.-Aug. 2018 |
Jan.-Aug. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | VW | Lavida | 42,200 | 39,409 | 7.1% | 291,631 | 307,723 | -5.2% |
| 2 | Nissan | Bluebird Sylphy/Sylphy | 40,824 | 33,168 | 23.1% | 291,131 | 244,828 | 18.9% |
| 3 | VW | Jetta | 29,137 | 27,415 | 6.3% | 166,558 | 196,772 | -15.4% |
| 4 | Toyota | Corolla/New Corolla | 29,136 | 25,891 | 12.5% | 246,206 | 222,556 | 10.6% |
| 5 | Haval | Haval H6 | 27,044 | 35,845 | -24.6% | 266,355 | 286,624 | -7.1% |
| 6 | Hyundai | Elantra/Yuedong/Langdong/Elantra 2016 | 23,320 | 9,757 | 139.0% | 139,613 | 128,022 | 9.1% |
| 7 | Buick | Excelle GT | 22,416 | 31,520 | -28.9% | 146,748 | 270,987 | -45.8% |
| 8 | Emgrand | Emgrand | 21,916 | 20,157 | 8.7% | 166,152 | 156,792 | 6.0% |
| 9 | Wuling | Wuling Hongguang | 21,613 | 33,540 | -35.6% | 283,721 | 339,700 | -16.5% |
| 10 | Nissan | X-Trail | 20,419 | 15,681 | 30.2% | 135,694 | 105,934 | 28.1% |
Flash report, July 2018
13 Aug. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 4% y/y to 1.889 million units in July
On August 10, 2018, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for July 2018. Production and sales both had sharp month-over-month (m/m) declines, and slight year-over-year (y/y) declines. Production and sales rate reached 92.48%, the lowest since February 2017. While year-to-date (YTD) production from January to July showed steady, incremental growth compared to YTD production from January to June, production figures represented a declining y/y growth rate. YTD sales achieved slight y/y growth.
Overall vehicle production in July totaled 2.043 million units, down 10.8% m/m and 0.7% y/y. Sales reached 1.889 million units, down 16.9% m/m and 4% y/y, making July the second month this year with a y/y decline. Vehicle inventory of automakers exceeded 150,000 units in July. YTD production totaled 16.1 million units for a 3.5% y/y increase, while sales totaled 15.955 million units for a 4.3% y/y increase, and a 0.2 percentage point growth compared to last year. Production growth rate declined 0.7 percentage points compared to the rate from January to June, while sales growth rate declined 1.3 percentage points compared to the rate from January to June. Overall, the performance matches what was predicted at the beginning of the year.
Passenger vehicle production in July was 1.725 million units, representing a 10.6% m/m decline and a 1.9% y/y decline Sales totaled 1.59 million units, representing a 15.2% m/m decline and a 5.3% y/y decline. Production was significantly higher than sales in July.
In the commercial vehicle market, production totaled 318,000 units, down 11.5% m/m and up 6.7% y/y (7.4 percentage points higher compared to y/y total vehicle production in July). Sales reached 300,000 units, down 25% m/m and up 3.3% y/y (7.3 percentage points higher compared to y/y total vehicle sales in July). Production growth rate declined 18 percentage points y/y, while sales growth rate declined 15.1 percentage points y/y.
For new energy vehicles (NEVs), production reached 90,000 units, up 53.6% y/y, and sales totaled 84,000 units, up 47.7% y/y. Among NEVs, EV production reached 68,000 units, up 45.4% y/y, while EV sales reached 60,000 units, up 33.6% y/y. Plug-in hybrid vehicle (PHV) production totaled 23,000 units for a y/y increase of 85.3%, while sales totaled 24,000 units for a y/y increase of 101.1%.
Sales of Chinese brand passenger vehicles totaled 638,000 units in July, reflecting a 6.1% y/y decline. These brands accounted for 40.1% of total passenger vehicle sales, reflecting a 0.4 y/y percentage point decline.
Exports for July reached 94,000 units, representing an m/m decline of 5.1% and a y/y increase of 36%. Passenger vehicle exports totaled 69,000 units, representing a decline of 1.2% m/m and an increase of 44.4% y/y. Commercial vehicle exports totaled 25,000 units, marking a decline of 14.3% m/m and an increase of 17.3% y/y.
China - Production of vehicles
| Jul. 2018 | Jan.-Jul. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 86.90 | 42.54 | -1.94 | 652.99 | 40.56 | 2.33 |
| MPV | 11.92 | 5.82 | -18.28 | 97.71 | 6.07 | -17.25 |
| SUV | 69.83 | 34.17 | 0.00 | 581.76 | 36.14 | 8.37 |
| Mini Van | 3.88 | 1.91 | 37.25 | 25.45 | 1.58 | -18.14 |
| Passenger Cars Total | 172.53 | 84.43 | -1.90 | 1,357.91 | 84.34 | 2.55 |
| Commercial Vehicles Total | 31.75 | 15.57 | 6.65 | 252.11 | 15.66 | 9.04 |
| Grand Total | 204.28 | 100.00 | -0.66 | 1,610.03 | 100.00 | 3.52 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Jul. 2018 | Jul. 2017 | Y-o-Y | Jan.-Jul. 2018 |
Jan.-Jul. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Nissan | Bluebird Sylphy/Sylphy | 37,153 | 26,441 | 40.5% | 250,307 | 211,660 | 18.3% |
| 2 | Toyota | Corolla/New Corolla | 35,704 | 31,485 | 13.4% | 217,070 | 196,665 | 10.4% |
| 3 | VW | Tiguan | 33,460 | 30,447 | 9.9% | 203,991 | 195,658 | 4.3% |
| 4 | VW | Lavida | 31,828 | 37,893 | -16.0% | 249,431 | 268,314 | -7.0% |
| 5 | VW | Jetta | 28,949 | 28,709 | 0.8% | 137,421 | 169,357 | -18.9% |
| 6 | VW | Sagitar | 27,074 | 31,661 | -14.5% | 195,664 | 182,574 | 7.2% |
| 7 | Haval | Haval H6 | 25,976 | 30,065 | -13.6% | 239,311 | 250,779 | -4.6% |
| 8 | Wuling | Wuling Hongguang | 23,320 | 37,580 | -37.9% | 262,108 | 306,160 | -14.4% |
| 9 | Honda | Accord | 21,730 | 11,231 | 93.5% | 93,742 | 79,200 | 18.4% |
| 10 | Honda | Civic | 21,341 | 16,617 | 28.4% | 121,000 | 100,128 | 20.8% |
Flash report, June 2018
12 Jul. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales increase 4.8% y/y to 2.274 million units in June
On July 11, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for June 2018. Production and sales saw slight declines month-over-month (m/m), but small growth year-over-year (y/y). Year-to-date (YTD) production and sales from January to June showed steady growth y/y. YTD production showed increased growth compared to YTD production from January to May, and decreased growth compared to last year. YTD Sales showed decreased growth compared to that from January to May, and slight increased growth compared to last year. YTD production and sales growth rates are little bit higher than what was predicted by CAAM at the beginning of the year.
Overall vehicle production in June totaled 2.29 million units, down 2.3% m/m and up 5.8% y/y, while sales reached 2.274 million units, down 0.6% m/m and up 4.8% y/y, a higher growth rate compared to last year. YTD production totaled 14.058 million units for a 4.2% y/y increase, while sales totaled 14.066 million units for a 5.6% y/y increase, and a 1.8% higher growth rate compared to last year. Overall performance is better than what was predicted at the beginning of the year.
Passenger vehicle production in June was 1.931 million units, representing a 1.2% m/m decline and a 4.7% y/y increase, while sales were 1.874 million units, representing a 0.8% m/m decline and a 2.3% y/y increase. Production was significantly higher than sales in June. This circumstance (production being higher than sales) has continued for four consecutive months.
In the commercial vehicle market, production totaled 359,000 units, down 8% m/m and up 12.2% y/y. Sales reached 399,000 units, up 0.3% m/m and up 18.2% y/y.
As for new energy vehicles (NEVs), production reached 86,000 units, up 31.7% y/y, and sales totaled 84,000 units, up 42.9% y/y. Among NEVs, EV production reached 64,000 units, up 18.6% y/y, while EV sales reached 62,000 units, up 29.5% y/y. Plug-in hybrid vehicle (PHV) production totaled 22,000 units for a y/y increase of 93.8%, while sales totaled 22,000 units for a y/y increase of 102.0%.
Sales of Chinese brand passenger vehicles totaled 758,000 units in June, reflecting a 0.2% y/y increase, and these brands accounted for 40.4% of total passenger vehicle sales, reflecting a 0.9% y/y decline.
Exports for June reached 99,000 units, an m/m increase of 6.1% and a strong y/y increase of 23%. Passenger vehicle exports totaled 70,000 units, an increase of 0.4% m/m and 29.7% y/y. Commercial vehicle exports totaled 29,000 units, an increase of 22.6% m/m and 9.5% y/y. YTD exports totaled 512,000 units for a 29.4% y/y increase. YTD passenger vehicle exports reached 374,000 units, up 37% y/y, while commercial vehicle exports reached 138,000 units, up 12.6% y/y.
China - Production of vehicles
| Jun. 2018 | Jan.-Jun. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 97.53 | 42.60 | 8.83 | 566.09 | 40.27 | 3.02 |
| MPV | 12.57 | 5.49 | -25.40 | 85.79 | 6.10 | -17.10 |
| SUV | 79.42 | 34.69 | 7.54 | 511.94 | 36.42 | 9.62 |
| Mini Van | 3.56 | 1.55 | -14.42 | 21.54 | 1.53 | -23.78 |
| Passenger Cars Total | 193.08 | 84.33 | 4.66 | 1,185.37 | 84.32 | 3.23 |
| Commercial Vehicles Total | 35.89 | 15.68 | 12.18 | 220.40 | 15.68 | 9.41 |
| Grand Total | 228.96 | 100.00 | 5.77 | 1,405.77 | 100.00 | 4.15 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Jun. 2018 | Jun. 2017 | Y-o-Y | Jan.-Jun. 2018 |
Jan.-Jun. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Nissan | Bluebird Sylphy/Sylphy | 43,966 | 33,676 | 30.60% | 213,154 | 185,219 | 15.10% |
| 2 | VW | Lavida | 34,502 | 35,795 | -3.60% | 217,603 | 230,421 | -5.60% |
| 3 | Toyota | Corolla/New Corolla | 33,018 | 32,350 | 2.10% | 181,366 | 165,180 | 9.80% |
| 4 | VW | Tiguan | 31,201 | 27,745 | 12.50% | 170,531 | 165,211 | 3.20% |
| 5 | VW | Sagitar | 29,623 | 25,454 | 16.40% | 168,590 | 150,913 | 11.70% |
| 6 | VW | Jetta | 27,905 | 21,727 | 28.40% | 108,472 | 140,648 | -22.90% |
| 7 | Haval | Haval H6 | 26,055 | 36,973 | -29.50% | 213,335 | 220,714 | -3.30% |
| 8 | Wuling | Wuling Hongguang | 25,418 | 40,199 | -36.80% | 238,788 | 268,580 | -11.10% |
| 9 | Emgrand | Emgrand | 23,650 | 18,928 | 24.90% | 128,266 | 121,078 | 5.90% |
| 10 | Geely | Bo Yue | 23,536 | 21,936 | 7.30% | 134,092 | 125,818 | 6.60% |
Flash report, May 2018
12 Jun. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales increase 9.6% y/y to 2.288 million units in May
On June 11, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for May 2018. Production and sales saw slight declines month-over-month (m/m), but continuing growth year-over-year (y/y). Year-to-date (YTD) production and sales from January to May ended a y/y increase and showed slight y/y growth compared to YTD production and sales from January to April.
Overall vehicle production in May totaled 2.344 million units, down 2.3% m/m and up 12.8% y/y, while sales reached 2.288 million units, down 1.4% m/m and up 9.6% y/y. YTD production totaled 11.768 million units for a 3.8% y/y increase, while sales totaled 11.792 million units for a 5.7% y/y increase, 2% higher compared to last year and 0.9% higher compared to that from January to April.
Passenger vehicle production in May was 1.954 million units, a 2.3% m/m decline and a 11.8% y/y increase, while sales were 1.889 million units, a 1.3% m/m decline and a 7.9% y/y increase.
In the commercial vehicle market, production totaled 390,000 units, down 2.2% m/m and up 18.3% y/y. Sales reached 398,000 units, down 1.7% m/m and up 18.6% y/y.
As for new energy vehicles (NEVs), production reached 96,000 units, up 85.6% y/y, and sales totaled 102,000 units, up 125.6% y/y. Among NEVs, EV production reached 77,000 units, up 75.9% y/y, while sales reached 82,000 units, up 112.8% y/y. Plug-in hybrid vehicle (PHV) production totaled 19,000 units for a y/y increase of 138.8%, while sales totaled 20,000 units for a y/y increase of 196.8%.
Sales of passenger vehicles of Chinese brands totaled 786,000 units in May, a 7.7% y/y increase, and these brands accounted for 41.6% of total passenger vehicle sales, a 0.1% y/y decline.
Exports for May reached 93,000 units, an m/m decline of 1.0% and a fast y/y increase of 32.9%. Passenger vehicle exports totaled 70,000 units, an increase of 4.3% m/m and 51.7% y/y. Commercial vehicle exports totaled 24,000 units, a decline of 13.9% m/m and 2.4% y/y. YTD exports totaled 412,000 units for a 30.9% y/y increase. YTD passenger vehicle exports reached 303,000 units, up 38.6% y/y, while commercial vehicle exports reached 109,000 units, up 13.4% y/y.
China - Production of vehicles
| May 2018 | Jan.-May 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 98.77 | 42.13 | 18.09 | 468.57 | 39.82 | 1.89 |
| MPV | 13.21 | 5.63 | -18.86 | 73.23 | 6.22 | -15.49 |
| SUV | 78.54 | 33.50 | 11.80 | 432.52 | 36.75 | 10.02 |
| Mini Van | 4.90 | 2.09 | 6.52 | 17.98 | 1.53 | -25.40 |
| Passenger Cars Total | 195.42 | 83.36 | 11.82 | 992.29 | 84.32 | 2.96 |
| Commercial Vehicles Total | 39.01 | 16.64 | 18.25 | 184.51 | 15.68 | 8.89 |
| Grand Total | 234.44 | 100.00 | 12.84 | 1,176.80 | 100.00 | 3.84 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | May 2018 | May 2017 | Y-o-Y | Jan.-May 2018 |
Jan.-May 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Nissan | Bluebird Sylphy/Sylphy | 40,355 | 31,468 | 28.2% | 169,188 | 151,543 | 11.6% |
| 2 | VW | Lavida | 39,874 | 41,538 | -4.0% | 183,101 | 194,626 | -5.9% |
| 3 | Toyota | Corolla/New Corolla | 34,309 | 27,770 | 23.5% | 148,348 | 132,830 | 11.7% |
| 4 | Baojun | Baojun 510 | 30,263 | 27,060 | 11.8% | 221,369 | 96,234 | 130.0% |
| 5 | Haval | Haval H6 | 30,175 | 36,143 | -16.5% | 187,280 | 183,741 | 1.9% |
| 6 | VW | Sagitar | 29,757 | 21,191 | 40.4% | 138,967 | 125,459 | 10.8% |
| 7 | VW | Jetta | 28,187 | 18,131 | 55.5% | 80,567 | 118,921 | -32.3% |
| 8 | Wuling | Wuling Hongguang | 27,460 | 38,484 | -28.6% | 213,370 | 228,381 | -6.6% |
| 9 | VW | New Bora (Model X) | 23,625 | 17,243 | 37.0% | 100,101 | 108,576 | -7.8% |
| 10 | VW | Santana | 23,290 | 17,313 | 34.5% | 110,164 | 96,304 | 14.4% |
Flash report, April 2018
11 May 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales increase 11.5% y/y to 2.319 million units in April
On May 11, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for April 2018. Production and sales saw declines month-over-month (m/m), but fast growth year-over-year (y/y). Year-to-date (YTD) production from January to April ended a y/y decline and showed slight y/y growth compared to YTD production from January to March, while YTD sales had an increased growth rate.
Overall vehicle production in April totaled 2.397 million units, down 8.8% m/m and up 12.3% y/y, while sales reached 2.319 million units, down 12.7% m/m and up 11.5% y/y. YTD production totaled 9.42 million units for a 1.8% y/y increase, while sales totaled 9.501 million units for a 4.8% y/y increase.
Passenger vehicle production in April was 2 million units, a 9.1% m/m decline and a 12.2% y/y increase, while sales were 1.914 million units, an 11.7% m/m decline and an 11.2% y/y increase.
For 1.6-liter (or less) passenger vehicles, sales totaled 1.258 million units for a 9.9% y/y increase, accounting for 65.7% (down 0.7% y/y) of total passenger vehicle sales.
In the commercial vehicle market, production totaled 398,000 units, down 7.4% m/m and up 12.8% y/y. Sales reached 404,000 units, down 17.1% m/m and up 13.0% y/y.
As for new energy vehicles (NEVs), production reached 81,000 units, up 117.7% y/y, and sales totaled 82,000 units, up 138.4% y/y. Among NEVs, EV production reached 64,000 units, up 111.5% y/y, while sales reached 65,000 units, up 126.8% y/y; plug-in hybrid vehicle (PHV) production totaled 17,000 units for a y/y increase of 143.4%, while sales totaled 17,000 units for a y/y increase of 194.6%.
Exports for April reached 94,000 units, an m/m increase of 5.0% and a fast y/y increase of 39.5%. Passenger vehicle exports totaled 67,000 units, a decline of 0.8% m/m and an increase of 43.7% y/y. Commercial vehicle exports totaled 28,000 units, an increase of 22.0% m/m and 30.4% y/y. YTD exports totaled 322,000 units for a 31.3% y/y increase. YTD passenger vehicle exports reached 234,000 units, up 35.2% y/y, while commercial vehicle exports reached 88,000 units, up 22.1% y/y.
China - Production of vehicles
| Apr. 2018 | Jan.-Apr. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 95.47 | 39.82 | 12.34 | 369.80 | 39.26 | -1.72 |
| MPV | 13.73 | 5.73 | -7.91 | 60.02 | 6.37 | -14.71 |
| SUV | 86.81 | 36.21 | 18.30 | 353.98 | 37.58 | 9.63 |
| Mini Van | 3.97 | 1.66 | -20.76 | 13.08 | 1.39 | -32.95 |
| Passenger Cars Total | 199.98 | 83.42 | 12.17 | 796.87 | 84.60 | 1.00 |
| Commercial Vehicles Total | 39.76 | 16.58 | 12.80 | 145.11 | 15.40 | 6.35 |
| Grand Total | 239.74 | 100.00 | 12.27 | 941.98 | 100.00 | 1.78 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Apr. 2018 | Apr. 2017 | Y-o-Y | Jan.-Apr. 2018 |
Jan.-Apr. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Baojun | Baojun 510 | 40,459 | 25,072 | 61.4% | 191,106 | 69,174 | 176.3% |
| 2 | Nissan | Bluebird Sylphy/Sylphy | 34,377 | 30,483 | 12.8% | 128,833 | 120,075 | 7.3% |
| 3 | Haval | Haval H6 | 34,320 | 39,669 | -13.5% | 157,105 | 147,598 | 6.4% |
| 4 | VW | Lavida | 34,099 | 26,938 | 26.6% | 143,227 | 153,088 | -6.4% |
| 5 | VW | Sagitar | 31,085 | 27,007 | 15.1% | 109,210 | 104,268 | 4.7% |
| 6 | VW | Tiguan | 29,509 | 22,801 | 29.4% | 120,436 | 110,532 | 9.0% |
| 7 | Wuling | Wuling Hongguang | 28,811 | 38,029 | -24.2% | 185,910 | 189,897 | -2.1% |
| 8 | VW | New Bora (Model X) | 23,482 | 22,832 | 2.8% | 76,476 | 91,333 | -16.3% |
| 9 | Baojun | Baojun 530 | 23,002 | 0 | -% | 65,190 | 0 | -% |
| 10 | Toyota | Corolla/New Corolla | 22,869 | 23,509 | -2.7% | 114,039 | 105,060 | 8.5% |
Flash report, March 2018
12 Apr. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales increase 4.7% y/y to 2.656 million units in March
On April 11, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for March 2018. Production and sales saw fast increase month-over-month (m/m), but slow growth year-over-year (y/y). Year-to-date (YTD) production from January to March showed y/y declines are slowing compared to the last two months, while YTD sales an increased faster.
Overall vehicle production in March totaled 2.628 million units, up 54.1% m/m and 1.2% y/y, while sales reached 2.656 million units, up 54.7% m/m and 4.7% y/y. YTD production totaled 7.022 million units for a 1.4% y/y decline, while sales totaled 7.183 million units for a 2.8% y/y increase.
Passenger vehicle production in March was 2.199 million units, a 52.8% m/m increase and a 0.5% y/y increase, while sales were 2.169 million units, a 47% m/m increase and a 3.5% y/y increase.
In the commercial vehicle market, production totaled 429,000 units, up 61.2% m/m and 4.6% y/y. Sales reached 488,000 units, up 101.5% m/m and 10.5% y/y.
As for new energy vehicles (NEVs), production reached 68,000 units, up 105% y/y, and sales totaled 68,000 units, up 117.4% y/y. Among NEVs, EV production reached 51,000 units, up 91% y/y, while sales reached 52,000 units, up 105.9% y/y; plug-in hybrid vehicle (PHV) production totaled 17,000 units for a y/y increase of 163%, while sales totaled 16,000 units for a y/y increase of 167.2%.
Exports for March reached 90,000 units, a fast increase of 60.7% m/m and 28% y/y. Passenger vehicle exports totaled 67,000 units, increases of 65.8% m/m and 36.1% y/y; commercial vehicle exports totaled 23,000 units, increases of 47.2% m/m and 8.8% y/y.
China - Production of vehicles
| Mar. 2018 | Jan.-Mar. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 99.45 | 37.84 | -4.46 | 274.33 | 39.07 | -5.82 |
| MPV | 16.94 | 6.44 | -16.39 | 46.28 | 6.59 | -16.54 |
| SUV | 99.84 | 37.98 | 11.82 | 267.17 | 38.05 | 7.08 |
| Mini Van | 3.68 | 1.40 | -28.68 | 9.11 | 1.30 | -37.14 |
| Passenger Cars Total | 219.91 | 83.66 | 0.51 | 596.89 | 85.00 | -2.27 |
| Commercial Vehicles Total | 42.93 | 16.33 | 4.58 | 105.32 | 15.00 | 4.08 |
| Grand Total | 262.85 | 100.00 | 1.15 | 702.22 | 100.00 | -1.36 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Mar. 2018 | Mar. 2017 | Y-o-Y | Jan.-Mar. 2018 |
Jan.-Mar. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Baojun | Baojun 510 | 53,920 | 23,904 | 125.6% | 150,647 | 44,102 | 241.6% |
| 2 | Wuling | Wuling Hongguang | 48,989 | 48,807 | 0.4% | 157,099 | 151,868 | 3.4% |
| 3 | Haval | Haval H6 | 39,527 | 29,036 | 36.1% | 122,785 | 107,929 | 13.8% |
| 4 | Nissan | Bluebird Sylphy/Sylphy | 38,740 | 36,225 | 6.9% | 94,456 | 89,592 | 5.4% |
| 5 | Toyota | Corolla/New Corolla | 35,895 | 30,908 | 16.1% | 91,170 | 81,551 | 11.8% |
| 6 | VW | Tiguan | 32,761 | 26,165 | 25.2% | 90,927 | 87,731 | 3.6% |
| 7 | VW | Sagitar | 32,466 | 30,337 | 7.0% | 78,125 | 77,261 | 1.1% |
| 8 | VW | Lavida | 31,316 | 38,796 | -19.3% | 109,128 | 126,150 | -13.5% |
| 9 | Dongfeng Motor | Dongfeng Sokon | 29,486 | 41,321 | -28.6% | 94,064 | 106,217 | -11.4% |
| 10 | Roewe | Roewe RX5 | 28,778 | 25,522 | 12.8% | 75,106 | 66,414 | 13.1% |
Flash report, February 2018
9 Mar. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales decline 11.1% y/y to 1.718 million units in February
On March 9, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for February 2018. Due to the Chinese New Year Holiday, production and sales saw sharp declines month-over-month (m/m) and year-over-year (y/y). Year-to-date (YTD) production from January to February showed a y/y decline, while YTD sales increased slightly.
Overall vehicle production in February totaled 1.706 million units, down 36.6% m/m and 20.8% y/y, while sales reached 1.718 million units, down 38.9% m/m and 11.1% y/y.
Passenger vehicle production in February was 1.439 million units, a 38.2% m/m decline and a 22.1% y/y decline, while sales were 1.476 million units, a 39.9% m/m decline and a 9.6% y/y decline.
In the commercial vehicle market, production totaled 266,000 units, down 13.1% y/y. Sales reached 242,000 units, down 19.2% y/y.
As for new energy vehicles (NEVs), production reached 39,230 units, up 119.1% y/y, and sales totaled 34,420 units, up 95.2% y/y. Among NEVs, EV production reached 28,872 units, up 89.4% y/y, while sales reached 23,458 units, up 68.4% y/y; plug-in hybrid vehicle (PHV) production totaled 10,358 units for a y/y increase of 288.4%; and PHV sales totaled 10,962 units for a y/y increase of 196.4%.
Exports for February reached 56,000 units, a 29.5% m/m decline, but a rapid increase of 11.9% y/y. Passenger vehicle exports totaled 41,000 units, a 32% m/m decline and a 13.9% y/y increase; commercial vehicle exports totaled 15,000 units, a 21.9% m/m decline and a 7.1% y/y increase.
China - Production of vehicles
| Feb. 2018 | Jan.-Feb. 2018 | |||||
|---|---|---|---|---|---|---|
| Units (10,000) |
Share(%) | Y-oY(%) | Units (10,000) |
Share(%) | Y-oY(%) | |
| Sedan/Hatchback | 65.27 | 38.27 | -26.02 | 174.88 | 39.80 | -6.58 |
| MPV | 11.74 | 6.88 | -29.40 | 29.34 | 6.68 | -16.64 |
| SUV | 64.47 | 37.80 | -15.00 | 167.33 | 38.08 | 4.45 |
| Mini Van | 2.45 | 1.44 | -39.21 | 5.43 | 1.24 | -41.86 |
| Passenger Cars Total | 143.92 | 84.38 | -22.10 | 376.98 | 85.80 | -3.82 |
| Commercial Vehicles Total | 26.64 | 15.62 | -13.11 | 62.39 | 14.20 | 3.76 |
| Grand Total | 170.57 | 100.00 | -20.82 | 439.37 | 100.00 | -2.81 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Feb. 2018 | Feb. 2017 | Y-o-Y | Jan.-Feb. 2018 |
Jan.-Feb. 2017 |
Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| 1 | Baojun | Baojun 510 | 44,316 | 14,544 | 204.7% | 96,727 | 20,198 | 378.9% |
| 2 | Wuling | Wuling Hongguang | 44,202 | 51,353 | -13.9% | 108,110 | 103,061 | 4.9% |
| 3 | VW | Lavida | 36,590 | 36,464 | 0.3% | 77,812 | 87,354 | -10.9% |
| 4 | Haval | Haval H6 | 29,906 | 35,191 | -15.0% | 83,258 | 78,893 | 5.5% |
| 5 | VW | Tiguan | 29,822 | 30,707 | -2.9% | 58,166 | 61,566 | -5.5% |
| 6 | Dongfeng Motor | Dongfeng Sokon | 27,185 | 33,324 | -18.4% | 64,578 | 64,896 | -0.5% |
| 7 | Toyota | Corolla/New Corolla | 21,197 | 25,760 | -17.7% | 55,275 | 50,643 | 9.1% |
| 8 | VW | Santana | 20,096 | 17,827 | 12.7% | 47,327 | 45,112 | 4.9% |
| 9 | Roewe | Roewe RX5 | 18,808 | 20,156 | -6.7% | 46,328 | 40,892 | 13.3% |
| 10 | Emgrand | Emgrand | 17,527 | 20,459 | -14.3% | 42,087 | 43,341 | -2.9% |
Flash report, January 2018
13 Feb. 2018
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
China sales increase 11.6% y/y to 2.809 million units in January
On February 9, 2018 the China Association of Automobile Manufactures (CAAM) announced vehicle production and sales results for January 2018. Production and sales of passenger vehicles showed declines compared to the previous month, and commercial vehicles saw a more significant drop. Production and sales achieved rapid increases on a year-over-year (y/y) basis.
Overall vehicle production in January totaled 2.688 million units, down 11.6% month-over-month (m/m), up 13.6% y/y, while sales reached 2.809 million units, down 8.2% m/m, up 11.6% y/y.
Passenger vehicle production in January was 2.331 million units, a 10.7% m/m decline and 12.5% y/y increase, while sales were 2.456 million units, a 7.4% m/m decline and 10.7% y/y increase. The y/y growth rate for production was 1.1 percentage points lower than that for the overall market, while the rate for sales was 0.9 percentage points lower compared to the overall market.
In the commercial vehicle market, production totaled 358,000 units, up 21.4% y/y. Sales reached 353,000 units, up 18% y/y.
As for new energy vehicles (NEVs), production reached 40,569 units, up 460.0% y/y, and sales totaled 38,470 units, up 430% y/y. Among NEVs, EV production reached 27,802 units, up 370.0% y/y, while sales reached 26,753 units, up 430.0% y/y, plug-in hybrid vehicle (PHV) production totaled 12,765 units for a y/y increase of 840.0%, and PHV sales totaled 11,717 units for a y/y increase of 440.0%.
Exports for January reached 79,000 units, a 17.5% m/m decline and continuing increase of 36.3% y/y. Passenger vehicle exports totaled 60,000 units, a 22.3% m/m decline and 39.7% y/y increase; commercial vehicle exports totaled 20,000 units, a 1.4% m/m increase and 27% y/y increase.
China - Production of vehicles
| Jan. 2018 | |||
|---|---|---|---|
| Units (10,000) |
Share(%) | Y-o-Y(%) | |
| Sedan/Hatchback | 109.61 | 40.77 | 10.75 |
| MPV | 17.60 | 6.55 | -5.17 |
| SUV | 102.87 | 38.27 | 21.99 |
| Mini Van | 2.98 | 1.11 | -43.75 |
| Passenger Cars Total | 233.06 | 86.69 | 12.50 |
| Commercial Vehicles Total | 35.77 | 13.31 | 21.40 |
| Grand Total | 268.83 | 100.00 | 13.61 |
China - Vehicle production Top 10 models
| - | Maker/Brand | Model | Jan. 2018 | Jan. 2017 | Y-o-Y |
|---|---|---|---|---|---|
| 1 | Wuling | Wuling Hongguang | 63,908 | 51,708 | 23.6% |
| 2 | Haval | Haval H6 | 53,352 | 43,702 | 22.1% |
| 3 | Baojun | Baojun 510 | 52,411 | 5,654 | 827.0% |
| 4 | VW | Lavida | 41,222 | 50,890 | -19.0% |
| 5 | Nissan | Bluebird Sylphy/Sylphy | 38,618 | 31,468 | 22.7% |
| 6 | Dongfeng Motor | Dongfeng Sokon | 37,393 | 31,572 | 18.4% |
| 7 | Buick | Excelle GT | 35,561 | 34,525 | 3.0% |
| 8 | Toyota | Corolla/New Corolla | 34,078 | 24,883 | 37.0% |
| 9 | VW | Sagitar | 30,528 | 23,226 | 31.4% |
| 10 | VW | Jetta | 29,802 | 25,106 | 18.7% |