China Association of Automobile Manufacturers: 2021 China Automobile Industry Economic Operation Report

In 2021, automobile production and sales reached 26.082 million and 26.275 million respectively, an increase of 3.4% and 3.8% respectively over the previous year, ending three consecutive years of decline since 2018.

In 2021, the added value of the automobile manufacturing industry increased by 5.5% over the previous year; the cumulative operating income reached 8670.62 billion yuan, an increase of 6.7%; and the profit reached 530.57 billion yuan, an increase of 1.9%. In 2021, the total retail sales of automobiles reached 4378.7 billion yuan, an increase of 7.6% over the previous year, accounting for 9.9% of the total retail sales of consumer goods, slightly lower than the previous year.

In 2021, the production and sales of passenger cars reached 21.408 million and 21.482 million respectively, up 7.1% and 6.5% year-on-year, ending the three-year downward trend since 2018.

In 2021, the production and sales of pickup trucks reached 547,000 and 554,000 respectively, an increase of 11.2% and 12.9% respectively over the previous year, and the growth rate was 3.2 percentage points and 4.3 percentage points faster than the previous year.

The PDF version will be shared on 199IT Knowledge Planet, just scan the QR code below!