China - Automotive Sales volume, 2022



Flash report, Automotive sales volume, 2022

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, July 2022

Aug 12, 2022

*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 production and sales increase 31.5% and 29.7%, respectively, in July
On August 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of July, 2022.
In July 2022, the PMI of the automobile industry was higher than 52.0%, which was better than that of the overall manufacturing industry. The automotive industry kept expanding for two consecutive months. Vehicle production and sales continued to recover, maintaining rapid y/y (year-over-year) growth. Consumption boosting policies like purchase tax incentives made a continuous impact. Consumer demand for passenger vehicles continued to recover. The decline in commercial vehicles diminished. In July, New Energy Vehicle (NEV) production and sales maintained rapid y/y growth, and auto exports hit a record high. Seventeen Chinese ministries led by the Ministry of Commerce of China (MOFCOM) jointly issued a notice on several measures to enhance auto consumption, which provided policy guarantees for stimulating the auto market.
Overall vehicle production and sales in July totaled 2.455 million units and 2.42 million units, representing a 31.5% and 29.7% y/y increase, respectively. Cumulative production of the period from January through July was 14.571 million units, up 0.8% y/y, while sales were 14.477 million units, down 2.0% y/y.
In July, passenger vehicle production reached 2.21 million units, up 42.6% y/y, while sales were 2.174 million units, up 40.0% y/y. Passenger vehicle production for the January to July period totaled 12.645 million units, up 10.9% y/y, while sales were 12.529 million units, up 8.3% y/y.
Among commercial vehicles, production in July totaled 244,000 units, reflecting a 22.9% y/y decrease. Commercial vehicle sales were 246,000 units, reflecting a 21.5% y/y decrease. The period from January through July has recorded a total of 1.927 million units and 1.948 million units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decline of 36.9% and 39.3%.
In July, NEV production and sales reached 617,000 units and 593,000 units respectively, both up 120% y/y. Among NEVs, BEV (battery electric vehicle) production was 472,000 units, reflecting a 100% y/y increase, while sales were 457,000 units, reflecting a 110% y/y increase. PHV (plug-in hybrid vehicle) production was 144,000 units, reflecting a 180% y/y increase, while sales were 135,000 units, reflecting a 170% y/y increase. FCV (fuel cell vehicle) production and sales were 292 units and 245 units, up 460% and 13.4% y/y, respectively.
For the period from January to July, NEV production and sales volumes were 3.279 million units and 3.194 million units, both up 120% y/y. Among NEVs, BEV production and sales reached 2.574 million units and 2.518 million units, both reflecting a 100% y/y increase. PHV production and sales were 702,000 units and 674,000 units, up 190% and 170% y/y, respectively. FCV production and sales reached 2,094 units and 1,633 units, up 210% and 130% y/y, respectively.
Overall vehicle exports in July reached 290,000 units, reflecting a 67.0% y/y increase. Passenger vehicle exports totaled 242,000 units, reflecting a 73.1% y/y increase. Commercial vehicle exports totaled 49,000 units, reflecting a 42.2% y/y increase. NEV exports totaled 54,000 units, reflecting a 37.6% y/y increase. Total exports of the January to July period were 1.509 million units, reflecting a 50.6% y/y increase. Cumulative passenger vehicle exports were 1.186 million units, up 54.0% y/y, while cumulative commercial vehicle exports were 322,000 units, up 39.2% y/y.

New vehicle sales by type (Factory shipments)

Jul. 2022 Jan.-Jul. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 103.6 42.8 45.2 596.5 41.2 11.3
MPV 8.1 3.3 0.2 46.5 3.2 -13.3
SUV 102.7 42.4 41.8 591.6 40.9 8.4
Mini Van 3.1 1.3 -13.2 18.3 1.3 -13.6
Passenger Cars Total
217.4 89.8 40.0 1,252.9 86.5 8.3
Commercial Vehicles Total 24.6 10.2 -21.5 194.8 13.5 -39.3
Grand Total 242.0 100.0 29.7 1,447.7 100.0 -2.0

Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.

Jul. 2022 Jan.-Jul. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 109.64 50.4 49.6 606.11 48.4 20.9
Japanese brands 42.52 19.6 17.3 256.26 20.5 -1.7
German brands 41.86 19.3 69.7 245.77 19.6 -0.4
American brands 17.41 8.0 13.3 111.92 8.9 6.2
Korean brands 3.88 1.8 3.1 19.53 1.6 -37.3
French brands 1.63 0.8 30.5 9.78 0.8 57.8

Source : MarkLines Data Center

China - Production of vehicles

Jul. 2022 Jan.-Jul. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 104.4 42.5 43.3 597.2 41.0 13.0
MPV 8.5 3.5 2.4 46.7 3.2 -15.1
SUV 105.5 43.0 49.1 602.3 41.3 12.6
Mini Van 2.6 1.1 -15.4 18.3 1.3 -16.3
Passenger Cars Total 221.0 90.1 42.6 1,264.5 86.8 10.9
Commercial Vehicles Total 24.4 9.9 -22.9 192.7 13.2 -36.9
Grand Total 245.5 100.0 31.5 1,457.1 100.0 0.8

Source:CAAM, Each maker's press releases


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Jul. 2022
(10,000)
Y-o-Y
1 BYD Auto 15.9 172.6%
2 FAW-VW 15.4 37.1%
3 SAIC VW 12.0 4.3%
4 Changan Automobile 11.6 31.7%
5 Geely Automobile 10.9 18.7%
6 SAIC GM 9.2 -8.0%
7 Dongfeng Nissan 8.6 9.0%
8 SAIC-GM-Wuling 8.5 -2.0%
9 GAC Toyota 8.2 15.6%
10 FAW Toyota 7.6 4.4%
Source: CPCA

Four Japanese OEMs announce Chinese sales figures for July 2022; Toyota, Honda and Nissan all achieve growth
Four Japanese OEMs announced their sales results in China for July 2022.
Toyota sold 180,400 units in July in China, reflecting a 6.0% year-over-year (y/y) increase. Year-to-date (YTD) sales from January to July totaled 1,084,800 units, reflecting a 4.9% y/y decline.
On August 3, Honda announced that its July sales reached 133,556 units, reflecting a y/y rise of 23.5%. YTD sales totaled 812,784 units, reflecting a 9.2% y/y decrease. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 120,961 units.
On August 5, Nissan announced that it sold 100,203 units in July, reflecting a 4.6% y/y rise in sales. YTD sales totaled 646,223 units, reflecting a 19.4% y/y decrease. By model, sales of the 7th-generation Altima sedan and the Qashqai SUV increased in July.
Mazda sold 9,044 units in July, reflecting a 33.0% y/y decline. YTD sales totaled 68,593 units, reflecting a 37.8% y/y decline.

 New vehicle sales by Japanese Makers
Maker/Brand Jul. 2022 Y-o-Y Jan.-Jul.
2022
Y-o-Y Note Update
Toyota 180,400 6.0% 1,084,800 -4.9% Retail Sales, Including import vehicle sales Aug 8. 2022
Nissan 100,203 4.6% 646,223 -19.4% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included. Aug 8. 2022
Honda 133,556 23.5% 812,784 -9.2% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Aug 4. 2022
Mazda 9,044 -33.0% 68,593 -37.8% Retail Sales, Including import vehicle sales Aug 8. 2022
Mitsubishi TBA -% TBA -% Retail Sales, Including import vehicle sales -
Subaru TBA -% TBA -% Retail Sales -
Source: Releases by each company

PAGETOP

Flash report, June 2022

Jul 11, 2022

*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 production and sales increase 28.2% and 23.8%, respectively, in June
On July 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of June, 2022.
From June 2022, the supply chain of the auto industry, which had been affected by the pandemic, has fully returned to normal. At the same time, the Chinese government decided to halve the purchase tax, and local governments issued policies to boost auto consumption, which led to the rapid growth in vehicle production and sales in June. The auto industry is generally recovering well.
Overall vehicle production and sales in June totaled 2.499 million units and 2.502 million units, representing a 28.2% and 23.8% y/y (year-over-year) increase, respectively. Cumulative production and sales volumes of the period from January through June were 12.117 million units and 12.057 million units, down 3.7% and 6.6% y/y, respectively.
In June, passenger vehicle production reached 2.239 million units, up 43.6% y/y, while sales were 2.222 million units, up 41.2% y/y. Passenger vehicle production for the January to June period totaled 10.434 million units, up 6.0% y/y, while sales were 10.355 million units, up 3.4% y/y.
Among commercial vehicles, production in June totaled 261,000 units, reflecting a 33.2% y/y decrease. Commercial vehicle sales were 281,000 units, reflecting a 37.4% y/y decrease. The period from January through June has recorded a total of 1.683 million units and 1.702 million units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decrease of 38.5% and 41.2%.
In June, NEV (New Energy Vehicle) production and sales reached 590,000 units and 596,000 units respectively, both up 130% y/y. Among NEVs, BEV (battery electric vehicle) production and sales reached 466,000 units and 476,000 units, both up 120% y/y. PHV (plug-in hybrid vehicle) production was 123,000 units, reflecting a 180% y/y increase, while sales were 120,000 units, reflecting a 170% y/y increase. FCV (fuel cell vehicle) production and sales were 527 units and 455 units, up 18.7% and 67.3% y/y, respectively. For the period from January to June, NEV production and sales volumes were 2.661 million units and 2.6 million units, both up 120% y/y.
Overall vehicle exports in June reached 249,000 units, reflecting a 57.4% y/y increase. Passenger vehicle exports totaled 198,000 units, reflecting a 65.6% y/y increase, while commercial vehicle exports totaled 51,000 units, reflecting a 32.4% y/y increase. Total exports of the January to June period were 1.218 million units, reflecting a 47.1% y/y increase. Cumulative passenger vehicle exports were 945,000 units, up 49.7% y/y, while cumulative commercial vehicle exports were 274,000 units, up 38.8% y/y.
For the auto market in 2022, CAAM predicts that:
China’s auto sales are expected to reach 27 million units in 2022, up 3% y/y. Passenger vehicle sales will reach 23 million units, up about 7% y/y. Commercial vehicle sales will be 4 million units, down about 16%. NEV sales may hit 5.5 million units, registering an increase of over 56% y/y. In December 2021, CAAM predicted that China’s total vehicle sales will be 27.5 million units for the year 2022; passenger vehicle sales would be 23 million units; commercial vehicle sales would be 4.5 million units; and NEV sales would be 5 million units.

New vehicle sales by type (Factory shipments)

Jun. 2022 Jan.-Jun. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 108.3 43.3 48.7 492.9 40.9 6.1
MPV 7.7 3.1 14.1 38.5 3.2 -15.7
SUV 103.6 41.4 38.9 488.9 40.5 3.3
Mini Van 2.5 1.0 -20.5 15.3 1.3 -13.7
Passenger Cars Total
222.2 88.8 41.2 1,035.5 85.9 3.4
Commercial Vehicles Total 28.1 11.2 -37.4 170.2 14.1 -41.2
Grand Total 250.2 100.0 23.8 1,205.7 100.0 -6.6

Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.

Jun. 2022 Jan.-Jun. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 101.39 45.6 43.8 496.47 48.0 16.0
Japanese brands 45.62 20.5 23.9 213.73 20.7 -4.7
German brands 46.42 20.9 60.1 203.91 19.7 -8.2
American brands 23.82 10.7 63.5 94.51 9.1 5.0
Korean brands 3.07 1.4 -33.3 15.66 1.5 -42.8
French brands 1.41 0.6 44.8 8.15 0.8 65.0

Source : MarkLines Data Center

China - Production of vehicles

Jun. 2022 Jan.-Jun. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 108.6 43.5 47.7 492.8 40.7 8.2
MPV 7.7 3.1 13.3 38.2 3.2 -18.3
SUV 105.5 42.2 45.8 496.8 41.0 7.1
Mini Van 2.1 0.8 -35.5 15.6 1.3 -16.5
Passenger Cars Total 223.9 89.6 43.6 1,043.4 86.1 6.0
Commercial Vehicles Total 26.1 10.4 -33.2 168.3 13.9 -38.5
Grand Total 249.9 100.0 28.2 1,211.7 100.0 -3.7

Source:CAAM, Each maker's press releases

China - Top 10 best selling models

- Maker/Brand Model Jun. 2022 Jun. 2021 Y-o-Y Jan.- Jun.
2022
Jan.- Jun.
2021
Y-o-Y
1 Tesla Model Y 52,557 11,623 352.2% 179,039 46,180 287.7%
2 Wuling Wuling Hongguang MINIEV 46,249 30,100 53.7% 214,188 182,767 17.2%
3 Toyota Corolla/New Corolla 39,235 33,987 15.4% 120,254 184,605 -34.9%
4 VW Lavida 32,131 18,446 74.2% 162,762 180,987 -10.1%
5 VW Sagitar 26,980 7,225 273.4% 114,883 130,814 -12.2%
6 Honda CR-V 26,687 16,311 63.6% 119,575 127,250 -6.0%
7 BYD Auto Song DM 26,517 5,450 386.6% 131,007 11,317 1057.6%
8 Tesla Model 3 26,349 21,532 22.4% 115,718 115,563 0.1%
9 VW Bora 25,924 18,373 41.1% 102,244 158,659 -35.6%
10 Haval Haval H6 23,809 29,664 -19.7% 136,921 196,685 -30.4%

Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Jun. 2022
(10,000)
Y-o-Y
1 FAW-VW 21.0 51.0%
2 BYD Auto 13.3 171.6%
3 SAIC VW 11.5 0.9%
4 Changan Automobile 10.9 36.7%
5 Geely Automobile 10.4 11.4%
6 FAW Toyota 9.3 42.9%
7 Dongfeng Nissan 9.1 1.3%
8 GAC Toyota 9.1 18.1%
9 SAIC GM 9.0 -21.0%
10 SAIC-GM-Wuling 8.4 -2.7%

Source: CPCA

Four Japanese OEMs announce Chinese sales figures for June 2022
Four Japanese OEMs announced their sales results in China for June 2022.
Toyota sold 200,100 units in June in China, reflecting a 19.2% year-over-year (y/y) increase. Year-to-date (YTD) sales from January to June totaled 904,400 units, reflecting a 6.8% y/y decline.
On July 5, Honda announced that its June sales reached 141,142 units, reflecting a y/y rise of 19.4%. YTD sales totaled 679,227 units, reflecting a 13.6% y/y decrease. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 100,022 units.
On July 6, Nissan announced that it sold 109,051 units in June, reflecting a 4.8% y/y decline in sales. YTD sales totaled 546,020 units, reflecting a 22.7% y/y decrease. By model, sales of the 7th-generation Altima sedan, the Sylphy series, the Venucia series, and the Dongfeng Infiniti increased in June.
Mazda sold 10,145 units in June, reflecting a 40.3% y/y decline. YTD sales totaled 59,547 units, reflecting a 38.5% y/y decline.

New vehicle sales by Japanese Makers
Maker/Brand Jun. 2022 Y-o-Y Jan.-Jun.
2022
Y-o-Y Note Update
Toyota 200,100 19.2% 904,400 -6.8% Retail Sales, Including import vehicle sales Jul 7. 2022
Nissan 109,051 -4.8% 546,020 -22.7% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included. Jul 7. 2022
Honda 141,142 19.4% 679,227 -13.6% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Jul 7. 2022
Mazda 10,145 -40.3% 59,547 -38.5% Retail Sales, Including import vehicle sales Jul 7. 2022
Mitsubishi 2,908 -45.3% 19,105 -44.9% Retail Sales, Including import vehicle sales Aug 4. 2022
Subaru 1,488 -15.1% 5,304 -42.1% Retail Sales Aug 4. 2022
Source: Releases by each company

PAGETOP

Flash report, May 2022

Jun 10, 2022

*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 production and sales decline 5.7% and 12.6%, respectively, in May
On June 10, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of May, 2022.
In May 2022, the COVID-19 outbreak was contained in China, which led to a more prosperous economy compared with April. Since late May, the Chinese government has introduced several policies and measures to promote consumption and steady growth, which achieved fine results.
In Q2 2022, the industrial chain and supply chain bore the brunt of the COVID-19 outbreak. The end market, whose normal operations were greatly affected, along with the customers on the fence about the market, presented large fluctuations in production and sales. With the introduction of several national and local policies to ensure economic growth, auto companies will strive to achieve annual expectations on the basis of maintaining the momentum of Q2 production and sales.
Overall vehicle production and sales in May totaled 1.926 million units and 1.862 million units, representing a 5.7% and 12.6% y/y decrease, respectively. Cumulative production and sales volumes of the period from January through May were 9.618 million units and 9.554 million units, down 9.6% and 12.2% y/y, respectively.
In May, passenger vehicle production reached 1.701 million units, up 5.2% y/y, while sales were 1.623 million units, down 1.4% y/y. Passenger vehicle production for the January to May period totaled 8.196 million units, down 1.1% y/y, while sales were 8.133 million units, down 3.6% y/y.
Among commercial vehicles, production in May totaled 225,000 units, reflecting a 47.0% y/y decrease. Commercial vehicle sales were 239,000 units, reflecting a 50.5% y/y decrease. The period from January through May has recorded a total of 1.422 million units and 1.421 million units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decrease of 39.4% and 41.9%.
In May, NEV (New Energy Vehicle) production and sales reached 466,000 units and 447,000 units respectively, both up 110% y/y. Among NEVs, BEV (battery electric vehicle) production and sales reached 364,000 units and 347,000 units, increasing 100% y/y and 93.9% y/y, respectively. PHV (plug-in hybrid vehicle) production was 102,000 units, reflecting a 180% y/y increase, while sales were 100,000 units, reflecting a 160% y/y increase. FCV (fuel cell vehicle) production and sales were 243 units and 103 units, up 540% and 1040% y/y, respectively.
For the period from January to May, NEV production and sales volumes were 2.071 million units and 2.003 million units, both up 110% y/y. Among NEVs, BEV production and sales reached 1.642 million units and 1.586 million units, both reflecting a 100% y/y increase. PHV production and sales were 427,000 units and 416,000 units, up 190% and 170% y/y, respectively.
Overall vehicle exports in May reached 245,000 units, reflecting a 62.3% y/y increase. Passenger vehicle exports totaled 196,000 units, reflecting a 69.7% y/y increase, while commercial vehicle exports totaled 49,000 units, reflecting a 38.2% y/y increase. Total exports of the January to May period were 969,000 units, reflecting a 44.7% y/y increase. Cumulative passenger vehicle exports were 747,000 units, up 46.0% y/y, while cumulative commercial vehicle exports were 222,000 units, up 40.4% y/y.

New vehicle sales by type (Factory shipments)
May 2022 Jan.-May 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 80.1 43.0 2.8 384.6 40.3 -1.9
MPV 6.4 3.4 -21.2 30.7 3.2 -20.9
SUV 73.8 39.6 -1.4 385.2 40.3 -3.4
Mini Van 2.0 1.1 -47.6 12.8 1.3 -12.2
Passenger Cars Total
162.3 87.2 -1.4 813.3 85.1 -3.6
Commercial Vehicles Total 23.9 12.8 -50.5 142.1 14.9 -41.9
Grand Total 186.2 100.0 -12.6 955.5 100.0 -12.2
Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.
May 2022 Jan.-May 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 81.38 50.1 17.0 395.09 48.6 10.5
Japanese brands 29.55 18.2 -17.5 168.11 20.7 -10.4
German brands 34.59 21.3 -11.9 157.49 19.4 -18.5
American brands 13.42 8.3 -3.8 70.69 8.7 -6.3
Korean brands 1.65 1.0 -65.4 12.58 1.5 -44.7
French brands 1.23 0.8 57.9 6.75 0.8 69.9
Source : MarkLines Data Center

China - Production of vehicles
May 2022 Jan.-May 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 83.0 43.1 7.2 384.2 39.9 0.6
MPV 5.6 2.9 -29.1 30.5 3.2 -23.6
SUV 79.1 41.1 9.9 391.3 40.7 0.0
Mini Van 2.4 1.2 -46.1 13.6 1.4 -12.6
Passenger Cars Total 170.1 88.3 5.2 819.6 85.2 -1.1
Commercial Vehicles Total 22.5 11.7 -47.0 142.2 14.8 -39.4
Grand Total 192.6 100.0 -5.7 961.8 100.0 -9.6
Source:CAAM, Each maker's press releases

China - Top 10 best selling models
- Maker/Brand Model May 2022 May 2021 Y-o-Y Jan.- May
2022
Jan.- May
2021
Y-o-Y
1 Wuling Wuling Hongguang MINIEV 34,037 26,742 27.3% 167,939 152,667 10.0%
2 BYD Auto Song DM 26,460 3,009 779.4% 104,490 5,867 1681.0%
3 Toyota Camry 22,426 15,057 48.9% 107,782 72,043 49.6%
4 VW Bora 22,202 31,440 -29.4% 76,320 140,286 -45.6%
5 MG (2006-) MG-5 21,516 7,891 172.7% 73,054 46,247 58.0%
6 Haval Haval H6 20,088 26,059 -22.9% 113,112 167,021 -32.3%
7 Tesla Model Y 20,032 12,728 57.4% 126,482 34,557 266.0%
8 BMW BMW 5 Series 19,723 16,763 17.7% 77,856 76,788 1.4%
9 Nissan Bluebird Sylphy/Sylphy 18,641 24,950 -25.3% 109,294 105,292 3.8%
10 VW Lavida 18,588 34,800 -46.6% 130,631 162,541 -19.6%
Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker May 2022
(10,000)
Y-o-Y
1 FAW-VW 15.0 -10.6%
2 BYD Auto 11.4 159.5%
3 Geely Automobile 7.3 -14.5%
4 Changan Automobile 7.3 -18.1%
5 GAC Toyota 7.0 -3.1%
6 SAIC VW 7.0 -41.5%
7 SAIC GM 6.5 -46.8%
8 SAIC-GM-Wuling 6.3 -34.4%
9 FAW Toyota 6.2 -15.9%
10 Dongfeng Nissan 5.5 -37.3%

Source: CPCA

Four Japanese OEMs announce Chinese sales figures for May 2022
Four Japanese OEMs announced their sales results in China for May 2022.
Toyota sold 148,500 units in May in China, reflecting a 12.1% year-over-year (y/y) decrease. Year-to-date (YTD) sales from January to May totaled 704,300 units, reflecting a 12.3% y/y decline.
On June 6, Honda announced that its May sales reached 89,083 units, reflecting a y/y drop of 30.8%. YTD sales totaled 538,085 units, reflecting a 19.5% y/y decrease. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 79,752 units.
On June 7, Nissan announced that it sold 68,844 units in May, reflecting a 38.0% y/y decline in sales. YTD sales totaled 436,969 units, reflecting a 26.2% y/y decrease. By model, sales of the 7th-generation Altima sedan, the Sylphy series, the Venucia series, and the Dongfeng Infiniti increased in May.
Mazda sold 8,280 units in May, reflecting a 43.8% y/y decline. YTD sales totaled 49,402 units, reflecting a 38.2% y/y decline.

New vehicle sales by Japanese Makers
Maker/Brand May 2022 Y-o-Y Jan.-May
2022
Y-o-Y Note Update
Toyota 148,500 -12.1% 704,300 -12.3% Retail Sales, Including import vehicle sales

Jun. 8, 2022

Nissan 68,844 -38.0% 436,969 -26.2% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included.

Jun. 8, 2022

Honda 89,083 -30.8% 538,085 -19.5% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Jun. 7, 2022
Mazda 8,280 -43.8% 49,402 -38.2% Retail Sales, Including import vehicle sales Jun. 7, 2022
Mitsubishi 2,506 -54.5% 16,394 -44.1% Retail Sales, Including import vehicle sales

Jul. 1, 2022

Subaru 878 -55.7% 3,816 -48.5% Retail Sales

Jul. 1, 2022

Source: Releases by each company

PAGETOP

Flash report, April 2022

May 11, 2022

*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 production and sales decline 46.1% and 47.6%, respectively, in April
On May 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of April, 2022.
In April 2022, the occurrence of COVID cases became frequent in China, which presented a significant increase in difficulties for market players, along with more downward pressure on the economy. The industrial chain and supply chain of the auto industry experienced the most severe test in history. Some automakers suspended production, with the addition of great obstacles in logistics, which led to the slump in supply capacity. Owing to the COVID pandemic, there was a significant drop in consumer purchasing power and confidence. Steady growth in the auto industry remains an uphill task.
In April, vehicle production and sales reflected a significant year-over-year (y/y) drop, delivering the worst April performance in the past decade. Production and sales of both passenger vehicles and commercial vehicles slumped y/y. New Energy Vehicles (NEVs) were also affected by the pandemic, but still presented growth compared with the same period last year, demonstrating fine performance. This month witnessed a slight y/y drop in vehicle exports.
Overall vehicle production and sales in April totaled 1.205 million units and 1.181 million units, representing a 46.1% and 47.6% y/y decrease, respectively. Cumulative production and sales volumes of the period from January through April were 7.690 million units and 7.691 million units, down 10.5% and 12.1% y/y, respectively.
In April, passenger vehicle production and sales reached 996,000 units and 965,000 units, representing a 41.9% and 43.4% y/y decline, respectively. Passenger vehicle production for the January to April period totaled 6.494 million units, down 2.6% y/y, while sales were 6.510 million units, down 4.2% y/y.
Among commercial vehicles, production in April totaled 210,000 units, reflecting a 59.8% y/y decrease. Commercial vehicle sales were 216,000 units, reflecting a 60.7% y/y decrease. The period from January through April has recorded a total of 1.195 million units and 1.181 million units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decrease of 37.9% and 39.8%.
In April, NEV production and sales reached 312,000 units and 299,000 units respectively, up 43.9% and 44.6% y/y, respectively. Among NEVs, BEV (battery electric vehicle) production and sales reached 242,000 units and 231,000 units, increasing 33.0% y/y and 34.6% y/y, respectively. PHV (plug-in hybrid vehicle) production was 69,000 units, reflecting a 100% y/y increase, while sales were 68,000 units, reflecting a 94.0% y/y increase. FCV (fuel cell vehicle) production and sales were 178 units and 94 units respectively, up 390% and 150% y/y, respectively.
For the period from January to April, NEV production and sales volumes were 1.605 million units and 1.556 million units, both up 110% y/y. Among NEVs, BEV production and sales reached 1.278 million units and 1.239 million units, both reflecting a 100% y/y increase. PHV production and sales were 326,000 units and 316,000 units, up 190% and 170% y/y, respectively. FCV production and sales reached 1,034 units and 832 units, up 640% and 340% y/y, respectively.
Overall vehicle exports in April reached 141,000 units, reflecting a 6.6% y/y decrease. Passenger vehicle exports totaled 99,000 units, reflecting a 15.2% y/y decrease, while commercial vehicle exports totaled 42,000 units, reflecting a 23.2% y/y increase. Total exports of the January to April period were 723,000 units, reflecting a 39.4% y/y increase. Cumulative passenger vehicle exports were 551,000 units, up 39.1% y/y, while cumulative commercial vehicle exports were 173,000 units, up 40.5% y/y.


New vehicle sales by type (Factory shipments)
Apr. 2022 Jan.-Apr. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 46.1 39.0 -39.1 304.5 39.6 -3.0
MPV 3.9 3.3 -54.6 24.3 3.2 -20.8
SUV 44.7 37.8 -45.6 311.4 40.5 -3.8
Mini Van 1.8 1.5 -55.7 10.8 1.4 0.4
Passenger Cars Total
96.5 81.7 -43.4 651.0 84.6 -4.2
Commercial Vehicles Total 21.6 18.3 -60.7 118.1 15.4 -39.8
Grand Total 118.1 100.0 -47.6 769.1 100.0 -12.1
Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.
Apr. 2022 Jan.-Apr. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 55.82 57.8 -24.0 313.71 48.2 8.9
Japanese brands 18.77 19.5 -53.1 138.56 21.3 -8.7
German brands 14.99 15.5 -60.9 122.90 18.9 -20.1
American brands 4.02 4.2 -68.8 57.27 8.8 -6.8
Korean brands 1.57 1.6 -64.2 10.93 1.7 -39.2
French brands 1.17 1.2 17.8 5.51 0.8 72.8
Source : MarkLines Data Center

China - Production of vehicles
Apr. 2022 Jan.-Apr. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 45.8 38.0 -38.6 301.2 39.2 -1.1
MPV 4.7 3.9 -42.1 24.9 3.2 -22.3
SUV 47.3 39.3 -43.9 312.2 40.6 -2.3
Mini Van 1.8 1.5 -59.6 11.2 1.5 0.9
Passenger Cars Total 99.6 82.7 -41.9 649.4 84.4 -2.6
Commercial Vehicles Total 21.0 17.4 -59.8 119.5 15.5 -37.9
Grand Total 120.5 100.0 -46.1 769.0 100.0 -10.5
Source:CAAM, Each maker's press releases

China - Top 10 best selling models
- Maker/Brand Model Apr. 2022 Apr. 2021 Y-o-Y Jan.- Apr.
2022
Jan.- Apr.
2021
Y-o-Y
1 Wuling Wuling Hongguang MINIEV 27,181 29,251 -7.1% 133,902 125,925 6.3%
2 BYD Auto Song DM 20,181 1,442 1299.5% 78,030 2,858 2630.2%
3 Nissan Bluebird Sylphy/Sylphy 18,152 22,128 -18.0% 90,653 80,342 12.8%
4 Toyota Levin 18,087 20,770 -12.9% 73,768 83,973 -12.2%
5 Toyota Camry 16,452 17,234 -4.5% 85,356 56,986 49.8%
6 Haval Haval H6 16,201 28,019 -42.2% 93,024 140,962 -34.0%
7 VW Sagitar 13,416 9,368 43.2% 69,581 97,859 -28.9%
8 BYD Auto Qin PLUS DM-i 12,465 3,603 246.0% 59,417 6,565 805.1%
9 BYD Auto Dolphin 12,040 0 -% 41,708 0 -%
10 Changan/Chana CS75 11,977 23,750 -49.6% 82,484 130,079 -36.6%
Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Apr. 2022
(10,000)
Y-o-Y
1 BYD Auto 10.5 138.4%
2 FAW-VW 8.1 -49.2%
3 GAC Toyota 6.4 -7.3%
4 Dongfeng Nissan 5.8 -43.4%
5 Changan Automobile 5.5 -45.3%
6 SAIC-GM-Wuling 5.4 -42.1%
7 Geely Automobile* 5.4 -41.1%
8 Dongfeng Honda 5.2 -38.4%
9 SAIC VW 5.2 -52.4%
10 SAIC GM 5.0 -57.0%
Source: CPCA
* Estimates

Four Japanese OEMs announce Chinese sales figures for April 2022
Four Japanese OEMs announced their sales results in China for April 2022.
Toyota sold 111,100 units in April in China, reflecting a 30.7% year-over-year (y/y) decrease. Year-to-date (YTD) sales from January to April totaled 555,800 units, reflecting a 12.3% y/y decline.
On May 7, Honda announced that its April sales reached 95,216 units, reflecting a y/y drop of 36.3%. YTD sales totaled 449,002 units, reflecting a 16.8% y/y decrease. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 67,323 units.
On May 9, Nissan announced that it sold 69,262 units in April, reflecting a 46.0% y/y decline in sales. YTD sales totaled 368,125 units, reflecting a 23.4% y/y decrease. By model, sales of the 7th-generation Altima sedan, the Sylphy series, the Venucia series, the Dongfeng Infiniti, the Dongfeng Kaipute series, the Dongfeng Duolica series, the Dongfeng Furuika series, the Dongfeng Tuyi series, the Dongfeng Xiaobawang, the Nissan Navara, and the Dongfeng Rich pickup truck series increased in April.
On May 13, Mazda announced that sales in April were 5,269 units, reflecting a 65.4% y/y decrease. YTD sales totaled 41,122 units, reflecting a 36.9% y/y decline.

New vehicle sales by Japanese Makers
Maker/Brand Apr. 2022 Y-o-Y Jan.-Apr.
2022
Y-o-Y Note Update
Toyota 111,100 -30.7% 555,800 -12.3% Retail Sales, Including import vehicle sales

May 10, 2022

Nissan 69,262 -46.0% 368,125 -23.4% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included.

May 10, 2022

Honda 95,216 -36.3% 449,002 -16.8% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) May 9, 2022
Mazda 5,269 -65.4% 41,122 -36.9% Retail Sales, Including import vehicle sales May 13, 2022
Mitsubishi 1,779 -68.8% 13,888 -41.7% Retail Sales, Including import vehicle sales

Jul. 1, 2022

Subaru 693 -57.3% 2,938 -45.8% Retail Sales

Jul. 1, 2022

Source: Releases by each company




PAGETOP

Flash report, March 2022

Apr 11, 2022

*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 production and sales decline 9.1% and 11.7%, respectively, in March
On April 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of March, 2022.
In March 2022, multiple COVID cases recently occurred in China, which resulted in a significant increase in the difficulties of market players. The smooth economic cycle encountered some constraints, along with the increased new downward pressure. In terms of auto supply, the chip shortage had not been significantly improved; the soaring costs of raw materials used in EV batteries further increased the manufacturing cost for enterprises; business activities of automakers were hampered; the overall situation fell short of expectations. In terms of auto consumption, the consumer driving forces were clearly insufficient, presenting a declining trend from a year earlier.
In the first quarter, vehicle production and sales reflected slight year-over-year (y/y) increase, but the growth rate dropped significantly compared with the same period of the previous year. Production and sales of passenger vehicles delivered a growth rate higher than that of the overall industry. Production and sales of commercial vehicles still presented a rapid decline y/y. New Energy Vehicles (NEVs) continued its rapid growth, with production and sales both exceeding 1 million units, accounting for a market share of 19.3%. The strategic leading role of NEVs became more obvious.
Overall vehicle production in March totaled 2.241 million units, reflecting a 9.1% y/y decrease, while sales totaled 2.234 million units, reflecting an 11.7% y/y decrease. Cumulative production and sales volumes of the period from January through March were 6.485 million units and 6.509 million units, up by 2.0% and 0.2% y/y, respectively.
In March, passenger vehicle production and sales reached 1.881 million units and 1.864 million units, representing a 0.1% and 0.6% y/y decline, respectively. Passenger vehicle production for the January to March period totaled 5.499 million units, up by 11.0% y/y, while sales were 5.545 million units, up by 9.0% y/y.
Among commercial vehicles, production in March totaled 360,000 units, reflecting a 38.0% y/y decrease. Commercial vehicle sales were 370,000 units, reflecting a 43.5% y/y decrease. The period from January through March has recorded a total of 985,000 units and 965,000 units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decrease of 29.7% and 31.7%.
In March, NEV production and sales reached 465,000 units and 484,000 units respectively, both reflecting a 110% y/y increase. Among NEVs, BEV (battery electric vehicle) production and sales reached 376,000 units and 396,000 units respectively, both reflecting a 110% y/y increase. PHV (plug-in hybrid vehicle) production was 89,000 units, reflecting a 160% y/y increase, while sales were 88,000 units, reflecting a 140% y/y increase. FCV (fuel cell vehicle) production and sales were 500 units and 367 units respectively, up by 1010% and 520% y/y respectively.
For the period from January to March, NEV production and sales volumes were 1.293 million units and 1.257 million units, both up by 140% y/y. Among NEVs, BEV production and sales reached 1.036 million units and 1.007 million units, both reflecting a 130% y/y increase. PHV production and sales were 256,000 units and 249,000 units, up by 230% and 200% y/y, respectively. FCV production and sales reached 856 units and 738 units, up by 720% and 390% y/y, respectively.
Overall vehicle exports in March reached 170,000 units, reflecting a 28.8% y/y increase. Passenger vehicle exports totaled 121,000 units, reflecting a 21.8% y/y increase, while commercial vehicle exports totaled 49,000 units, reflecting a 49.8% y/y increase. Total exports of the January to March period were 582,000 units, reflecting a 58.3% y/y increase. Cumulative passenger vehicle exports were 452,000 units, up by 61.9% y/y, while cumulative commercial vehicle exports were 130,000 units, up by 47.2% y/y.


New vehicle sales by type (Factory shipments)
Mar. 2022 Jan.-Mar. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 87.2 39.0 0.2 258.4 39.7 8.4
MPV 7.1 3.2 -23.7 20.4 3.1 -7.8
SUV 87.6 39.2 -0.1 266.7 41.0 10.4
Mini Van 4.5 2.0 34.1 8.9 1.4 35.0
Passenger Cars Total
186.4 83.4 -0.6 554.5 85.2 9.0
Commercial Vehicles Total 37.0 16.6 -43.5 96.5 14.8 -31.7
Grand Total 223.4 100.0 -11.7 650.9 100.0 0.2
Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.
Mar. 2022 Jan.-Mar. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 92.15 49.4 21.5 257.89 46.6 20.2
Japanese brands 39.34 21.1 -2.8 119.79 21.6 7.2
German brands 32.03 17.2 -29.8 107.92 19.5 -6.6
American brands 18.18 9.7 -6.3 53.25 9.6 9.6
Korean brands 2.83 1.5 -39.2 9.36 1.7 -31.2
French brands 1.36 0.7 43.3 4.35 0.8 96.7
Source : MarkLines Data Center

China - Production of vehicles
Mar. 2022 Jan.-Mar. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 88.1 39.3 2.3 255.4 39.4 11.1
MPV 7.6 3.4 -28.5 20.2 3.1 -15.4
SUV 88.8 39.6 -0.3 265.0 40.9 12.7
Mini Van 3.7 1.7 39.4 9.4 1.4 40.0
Passenger Cars Total 188.1 83.9 -0.1 549.9 84.8 11.0
Commercial Vehicles Total 36.0 16.1 -38.0 98.5 15.2 -29.7
Grand Total 224.1 100.0 -9.1 648.4 100.0 2.0
Source:CAAM, Each maker's press releases

China - Top 10 best selling models
- Maker/Brand Model Mar. 2022 Mar. 2021 Y-o-Y Jan.- Mar.
2022
Jan.- Mar.
2021
Y-o-Y
1 Wuling Wuling Hongguang MINIEV 47,563 39,745 19.7% 106,721 96,674 10.4%
2 Tesla Model Y 39,790 10,151 292.0% 105,490 16,422 542.4%
3 Toyota Camry 27,211 15,213 78.9% 68,904 39,752 73.3%
4 VW Lavida 26,040 41,153 -36.7% 103,601 96,710 7.1%
5 Tesla Model 3 26,024 25,327 2.8% 76,684 52,858 45.1%
6 Toyota Corolla/New Corolla 25,522 35,126 -27.3% 61,151 97,233 -37.1%
7 Honda CR-V 25,356 33,712 -24.8% 76,685 76,497 0.2%
8 Changan/Chana CS75 23,302 31,461 -25.9% 70,507 106,329 -33.7%
9 BYD Auto Song DM 22,381 724 2991.3% 57,849 1,416 3985.4%
10 Changan/Chana Eado 21,892 16,124 35.8% 53,961 54,704 -1.4%
Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Mar. 2022
(10,000)
Y-o-Y
1 FAW-VW 12.6 -40.2%
2 Changan Automobile 12.1 15.9%
3 BYD Auto 10.3 161.4%
4 Geely Automobile 9.3 3.8%
5 SAIC-GM-Wuling 9.0 -22.4%
6 GAC Toyota 8.8 26.9%
7 SAIC VW 7.8 -34.6%
8 Great Wall 7.4 -12.3%
9 SAIC GM 7.0 -40.5%
10 Dongfeng Nissan 6.7 -33.5%

Source: CPCA


Four Japanese OEMs announce Chinese sales figures for March 2022; only Toyota achieves growth
Four Japanese OEMs announced their sales results in China for March 2022.
Toyota sold 167,300 units in March in China, reflecting a 0.4% year-over-year (y/y) increase. Year-to-date (YTD) sales from January to March totaled 444,600 units, reflecting a 6.1% y/y decline.
On April 6, Honda announced that its March sales reached 101,061 units, reflecting a y/y drop of 33.2%. YTD sales totaled 353,786 units, reflecting a 9.3% y/y decrease. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 54,034 units.
On April 8, Nissan announced that it sold 87,902 units in March, reflecting a 32.6% y/y decrease in sales. YTD sales totaled 298,863 units, reflecting a 15.2% y/y decrease. By model, sales of the 7th-generation Altima sedan, the Sylphy series, the Venucia series, the Dongfeng Infiniti, the Nissan Navara, and the Dongfeng Rich pickup truck series increased in March.
On April 8, Mazda announced that sales in March were 8,608 units, reflecting a 54.0% y/y decrease. YTD sales totaled 35,853 units, reflecting a 28.2% y/y decline.

New vehicle sales by Japanese Makers
Maker/Brand Mar. 2022 Y-o-Y Jan.-Mar.
2022
Y-o-Y Note Update
Toyota 167,300 0.4% 444,600 -6.1% Retail Sales, Including import vehicle sales

Apr. 11, 2022

Nissan 87,902 -32.6% 298,863 -15.2% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included.

Apr. 11, 2022

Honda 101,061 -33.2% 353,786 -9.3% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Apr. 11, 2022
Mazda 8,608 -54.0% 35,853 -28.2% Retail Sales, Including import vehicle sales Apr. 11, 2022
Mitsubishi 2,725 -53.0% 12,109 -33.2% Retail Sales, Including import vehicle sales

Jul. 1, 2022

Subaru 905 -49.0% 2,245 -40.9% Retail Sales

Jul. 1, 2022

Source: Releases by each company

PAGETOP

Flash report, February 2022

Mar 11, 2022

*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 production and sales rise 20.6% and 18.7%, respectively, in February
On March 11, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of February, 2022.
From January to February 2022, vehicle production and sales remained stable by and large, continuing to present year-over-year (y/y) growth, up by 10% compared with the same period in 2019. Production and sales of passenger vehicles both dropped month-over-month (m/m) but maintained a rapid y/y growth; while production and sales of commercial vehicles presented m/m and y/y declines, which was still sluggish. New Energy Vehicles (NEVs) still delivered an excellent performance this month, presenting a slight m/m decline and a rapid y/y growth. Vehicle exports also registered a decline compared with last month but maintained a y/y growth.
By looking at the automotive trend in Q1, the implementation of several policies and the start of large infrastructure projects in various places since the last quarter will play a significant role in boosting economic growth. Automakers keep accelerating the launches of new models, which may contribute to a steady growth in the auto market in Q1. Nonetheless, the external environment of the industry became more complex owing to the conflict between Russia and Ukraine. At the same time, factors such as the chip shortage and the rising cost of raw materials affected the production and operation of companies, making it hard to stabilize prices.
Overall vehicle production in February totaled 1.813 million units, reflecting a 20.6% y/y increase, while sales totaled 1.737 million units, reflecting a 18.7% y/y increase. Cumulative production and sales volumes of the period from January through February were 4.235 million units and 4.268 million units, up by 8.8% and 7.5% y/y, respectively.
In February, passenger vehicle production and sales reached 1.534 million units and 1.487 million units, representing a 32.0% and 27.8% y/y growth, respectively. Passenger vehicle production for the January to February period totaled 3.612 million units, up by 17.6% y/y, while sales were 3.674 million units, up by 14.4% y/y.
Among commercial vehicles, production in February totaled 279,000 units, reflecting an 18.3% y/y decrease. Commercial vehicle sales were 250,000 units, reflecting a 16.6% y/y decrease. The period from January through February has recorded a total of 624,000 units and 594,000 units for commercial vehicle production and sales volumes, respectively, reflecting a y/y decrease of 24.0% and 21.7%.
In February, NEV production reached 368,000 units, reflecting a 200% y/y increase, while sales reached 334,000 units, reflecting a 180% y/y increase. Among NEVs, BEV (battery electric vehicle) production was 285,000 units, reflecting a 170% y/y increase, while sales were 258,000 units, reflecting a 160% y/y increase. PHV (plug-in hybrid vehicle) production was 83,000 units, reflecting a 410% y/y increase, while sales were 75,000 units, reflecting a 340% y/y increase. FCV (fuel cell vehicle) production and sales were 213 units and 178 units respectively, up by 750% and 540% y/y respectively.
For the period from January to February, NEV production and sales volumes were 820,000 units and 765,000 units, up by 160% and 150% y/y, respectively. Among NEVs, BEV production and sales reached 652,000 units and 604,000 units, both reflecting a 140% y/y increase. PHV production and sales were 168,000 units and 160,000 units, up by 280% and 250% y/y, respectively. FCV production and sales reached 356 units and 371 units, up by 500% and 310% y/y, respectively.
Overall vehicle exports in February reached 180,000 units, reflecting a 60.8% y/y increase. Passenger vehicle exports totaled 146,000 units, reflecting a 72.3% y/y increase, while commercial vehicle exports totaled 34,000 units, reflecting a 25.4% y/y increase. Total exports of the January to February period were 412,000 units, reflecting a 75% y/y increase. Cumulative passenger vehicle exports were 331,000 units, up by 84.0% y/y, while cumulative commercial vehicle exports were 81,000 units, up by 45.7% y/y.

New vehicle sales by type
(Factory shipments)
Feb. 2022 Jan.-Feb. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 68.7 39.6 28.4 170.5 39.9 12.8
MPV 5.2 3.0 12.9 13.3 3.1 3.8
SUV 73.4 42.3 29.6 179.0 41.9 16.4
Mini Van 1.5 0.9 -9.5 4.5 1.1 35.2
Passenger Cars Total
148.7 85.6 27.8 367.4 86.1 14.4
Commercial Vehicles Total 25.0 14.4 -16.6 59.4 13.9 -21.7
Grand Total 173.7 100.0 18.7 426.8 100.0 7.5
Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (NOTE) The below chart includes estimates.
Feb. 2022 Jan.-Feb. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 64.27 43.2 27.4 165.75 45.1 19.6
Japanese brands 34.39 23.1 38.4 80.45 21.9 13.0
German brands 30.69 20.6 19.9 75.87 20.7 8.5
American brands 14.99 10.1 35.7 35.07 9.5 20.1
Korean brands 2.75 1.9 -5.0 6.54 1.8 -27.0
French brands 1.23 0.8 193.4 2.99 0.8 137.1
Source : MarkLines Data Center

China - Production of vehicles
Feb. 2022 Jan.-Feb. 2022
Units
(10,000)
Share(%) Y-o-Y(%) Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 70.4 38.8 29.6 166.6 39.3 15.8
MPV 4.9 2.7 -1.0 12.6 3.0 -4.9
SUV 75.6 41.7 36.6 176.2 41.6 20.7
Mini Van 2.6 1.4 54.6 5.7 1.3 39.5
Passenger Cars Total 153.4 84.6 32.0 361.2 85.3 17.6
Commercial Vehicles Total 27.9 15.4 -18.3 62.4 14.7 -24.0
Grand Total 181.3 100.0 20.6 423.5 100.0 8.8
Source:CAAM, Each maker's press releases

China - Top 10 best selling models
- Maker/Brand Model Feb. 2022 Feb. 2021 Y-o-Y Jan.- Feb.
2022
Jan.- Feb.
2021
Y-o-Y
1 Tesla Model Y 32,403 4,630 599.8% 65,700 6,271 947.7%
2 VW Lavida 32,037 13,234 142.1% 77,561 55,557 39.6%
3 Honda CR-V 25,734 16,675 54.3% 51,329 42,785 20.0%
4 Tesla Model 3 24,112 13,688 76.2% 50,660 27,531 84.0%
5 Nissan Bluebird Sylphy/Sylphy 23,955 13,115 82.7% 56,637 41,403 36.8%
6 Toyota Corolla/New Corolla 22,984 24,970 -8.0% 35,629 62,107 -42.6%
7 Wuling Wuling Hongguang MINIEV 22,110 20,167 9.6% 59,158 56,929 3.9%
8 Haval Haval H6 19,620 31,710 -38.1% 55,190 78,078 -29.3%
9 BYD Auto Song DM 19,057 110 17224.5% 35,468 692 5025.4%
10 MG (2006-) MG-5 17,685 8,667 104.0% 32,176 21,817 47.5%
Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Feb. 2022
(10,000)
Y-o-Y
1 FAW-VW 10.5 -9.6%
2 BYD Auto 8.9 340.4%
3 SAIC VW 8.0 -19.0%
4 SAIC-GM-Wuling 7.9 -1.9%
5 SAIC GM 7.3 -7.9%
6 Geely Automobile 6.9 -1.8%
7 Dongfeng Nissan 6.3 -1.5%
8 FAW Toyota 6.0 23.0%
9 Dongfeng Honda 5.5 22.1%
10 Changan Automobile* 5.3 -45.3%

Source: CPCA
* Estimates

Four Japanese OEMs announce Chinese sales figures for February 2022
Four Japanese OEMs announced their sales results in China for February 2022.
Toyota sold 128,500 units in February in China, reflecting a 9.5% year-over-year (y/y) increase. Year-to-date (YTD) sales from January to February totaled 277,300 units, reflecting a 9.7% y/y decline.
On March 3, Honda announced that its February sales reached 106,084 units, reflecting a y/y increase of 30.1%. YTD sales totaled 252,725 units, reflecting a 5.7% y/y increase. YTD sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 36,297 units, up by 9.9% y/y.
On March 3, Nissan announced that it sold 77,494 units in February, reflecting a 2.5% y/y increase in sales. YTD sales totaled 210,961 units, reflecting a 4.9% y/y decrease. By model, sales of the 7th-generation Altima sedan, the Sylphy series, the Nissan Qashqai, the Venucia series, and the Dongfeng Rich pickup truck series increased in February.
On March 4, Mazda announced that sales in February were 8,047 units, reflecting a 23.8% y/y decrease. YTD sales totaled 27,245 units, reflecting a 12.7% y/y decline.

New vehicle sales by Japanese Makers
Maker/Brand Feb. 2022 Y-o-Y Jan.-Feb.
2022
Y-o-Y Note Update
Toyota 128,500 9.5% 277,300 -9.7% Retail Sales, Including import vehicle sales Mar. 7, 2022
Nissan 77,494 2.5% 210,961 -4.9% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included. Mar. 7, 2022
Honda 106,084 30.1% 252,725 5.7% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Mar. 7, 2022
Mazda 8,047 -23.8% 27,245 -12.7% Retail Sales, Including import vehicle sales Mar. 7, 2022
Mitsubishi 3,627 1.8% N/A -% Retail Sales, Including import vehicle sales Mar. 29, 2022
Subaru 552 -21.6% N/A -% Retail Sales Mar. 29, 2022
Source: Releases by each company

PAGETOP

Flash report, January 2022

Feb 18, 2022

*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 production and sales rise 1.4% and 0.9%, respectively, in January
On February 18, the China Association of Automobile Manufacturers (CAAM) announced vehicle production and sales results for the month of January, 2022.
By and large, vehicle production and sales remained stable in January 2022, presenting a slight year-over-year (y/y) growth. Supported by the continued slight improvement in chip supply, along with the addition of policies to encourage automobile consumption issued by some local authorities, the passenger vehicle segment delivered a better performance than the overall market, maintaining a steady y/y growth in its production and sales. Commercial vehicles segment suffered a significant y/y decline in its production and sales. Both NEVs (New Energy Vehicles) and vehicles delivered outstanding performances in export, maintaining relatively rapid y/y growths. The production and operation activity expectation index of the automobile industry in January was at a high level of over 60.0%, which served as the cornerstone for stabilizing industrial development.
Looking to the first quarter, positive factors are listed as follows: local authorities will issue policies concerning steady growth in a bid to facilitate stable market demand; Insufficient chip supply in the automotive industry is expected to further mitigate; and some passenger vehicle makers believe that market expectations are fine in 2022. Negative factors are listed as follows: the chip supply shortage still exists; the scattered cases of COVID-19 in China have also increased the risks in the industrial chain and supply chain; and the current policy dividends for commercial vehicles have been practically consumed.
Overall vehicle production in January totaled 2.422 million units, reflecting a 1.4% y/y increase, while sales totaled 2.531 million units, reflecting a 0.9% y/y increase.
In January, passenger vehicle production and sales reached 2.077 million units and 2.186 million units, up by 8.7% and 6.7% y/y, respectively.
Among commercial vehicles, production in January totaled 345,000 units, reflecting a 28.0% y/y decrease. Commercial vehicle sales were 344,000 units, reflecting a 25.0% y/y decrease.
In January, NEV production reached 452,000 units, reflecting a 130% y/y increase, while sales reached 431,000 units, reflecting a 140% y/y increase. Among NEVs, BEV (battery electric vehicle) production and sales reached 367,000 units and 346,000 units respectively, both reflecting a 120% y/y increase. PHV (plug-in hybrid vehicle) production and sales were both 85,000 units, both reflecting a 200% y/y increase. FCV (fuel cell vehicle) production and sales were 142 units and 192 units respectively, up by 390% and 200% y/y respectively.
Overall vehicle exports in January reached 231,000 units, reflecting an 87.7% y/y increase, representing the second highest monthly figure. Passenger vehicle exports totaled 185,000 units, reflecting a 94.5% y/y increase, while commercial vehicle exports totaled 46,000 units, reflecting a 64.8% y/y increase.
(From a CAAM press release issued in February 2022)

New vehicle sales by type (Factory shipments)
Jan. 2022
Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 101.8 40.2 4.1
MPV 8.1 3.2 -1.4
SUV 105.7 41.8 8.7
Mini Van 3.0 1.2 78.0
Passenger Cars Total
218.6 86.4 6.7
Commercial Vehicles Total 34.4 13.6 -25.0
Grand Total 253.1 100.0 0.9
Source:CAAM, Each maker's press releases

New vehicle sales by brands (Factory shipments)
 (Note) The below chart includes estimates
Jan. 2022
Units
(10,000)
Share(%) Y-o-Y(%)
Chinese brands 101.49 46.4 15.1
Japanese brands 46.06 21.1 -0.7
German brands 45.17 20.7 1.9
American brands 20.08 9.2 10.6
Korean brands 3.78 1.7 -37.5
French brands 1.75 0.8 108.9
Source : MarkLines Data Center

China - Production of vehicles
Jan. 2022
Units
(10,000)
Share(%) Y-o-Y(%)
Sedan/Hatchback 96.2 39.7 7.3
MPV 7.7 3.2 -7.3
SUV 100.7 41.6 11.1
Mini Van 3.2 1.3 29.3
Passenger Cars Total 207.7 85.8 8.7
Commercial Vehicles Total 34.5 14.2 -28.0
Grand Total 242.2 100.0 1.4
Source:CAAM, Each maker's press releases

China - Top 10 best selling models
- Maker/Brand Model Jan. 2022 Jan. 2021 Y-o-Y
1 VW Lavida 45,524 42,323 7.6%
2 Wuling Wuling Hongguang MINIEV 37,048 36,762 0.8%
3 Haval Haval H6 35,570 46,368 -23.3%
4 Changan/Chana CS75 33,590 42,171 -20.3%
5 Tesla Model Y 33,297 1,641 1929.1%
6 Nissan Bluebird Sylphy/Sylphy 32,682 28,288 15.5%
7 Changan/Chana CS55 30,316 12,866 135.6%
8 Nissan 14th Sylphy/Sylphy 28,488 29,689 -4.0%
9 Toyota Camry 28,023 20,037 39.9%
10 Tesla Model 3 26,548 13,843 91.8%
Source: MarkLines Data Center


*The below data may differ from the sales volume by make (shipped from the local plant) to be released later on our data for monthly sales volume.
This is due to the difference in calculation methods.


Passenger Car retail sales by Chinese Makers Top10

- Maker Jan. 2022
(10,000)
Y-o-Y
1 FAW-VW 19.1 -17.9%
2 Changan Automobile 14.5 -2.6%
3 SAIC VW 13.8 -19.9%
4 Geely Automobile 13.2 -9.4%
5 SAIC GM 12.0 -20.0%
6 Dongfeng Nissan 11.0 -11.3%
7 SAIC-GM-Wuling 9.7 -18.6%
8 BYD Auto 9.5 126.7%
9 Great Wall 9.0 -17.9%
10 BMW Brilliance 8.9 20.4%
Source: CPCA

Four Japanese OEMs announce Chinese sales figures for January 2022
Recently, all four Japanese OEMs announced their sales results in China for January 2022.
Toyota sold 148,800 units in January in China, reflecting a 21.5% year-over-year (y/y) decrease.
On February 9, Honda announced that its January sales were 146,641 units, reflecting a y/y decrease of 6.9%. In January, sales of the Accord topped 20,000 units, while sales of the Vezel, Breeze, CR-V, Civic, XR-V and Inspire exceeded 10,000 units. Sales of models equipped with the SPORT HYBRID, a highly efficient dual-motor hybrid power system, totaled 21,206 units in January.
On February 9, Nissan announced that it sold 133,467 units in January, reflecting an 8.7% y/y decrease in sales, owing to external factors such as the COVID-19 pandemic and cross-industry raw material shortages. By model, sales of the 7th-generation Altima sedan, the Sylphy sedan, the Qashqai SUV and the Venucia D60 compact sedan increased in January.
On February 9, Mazda announced that sales in January reached 19,198 units, down by 7.0% y/y, compared with 20,634 units in the same month last year.

New vehicle sales by Japanese Makers

Maker/Brand Jan. 2022 Y-o-Y Note Update
Toyota 148,800 -21.5% Retail Sales, Including import vehicle sales Feb. 10, 2022
Nissan 133,467 -8.7% Retail sales data are used from Jan. 2015. Passenger car, LCV and Import are included. Feb. 10, 2022
Honda 146,641 -6.9% Figures for Dongfeng Honda and Guangqi Honda (includes imported vehicles) Feb. 10, 2022
Mazda 19,198 -7.0% Retail Sales, Including import vehicle sales Feb. 10, 2022
Mitsubishi 5,757 -34.3% Retail Sales, Including import vehicle sales Feb. 25, 2022
Subaru 788 -40.3% Retail Sales Feb. 25, 2022

Source: Releases by each company




PAGETOP