Ministry of Industry and Information Technology: In January 2022, automobile production and sales reached 2.422 million and 2.531 million respectively

Ministry of Industry and Information Technology: In January 2022, automobile production and sales reached 2.422 million and 2.531 million respectively

In January 2022, my country's automobile industry achieved a good start, with automobile production and sales both showing a year-on-year growth trend, and new energy vehicles maintaining rapid growth.

1. Auto sales in January increased by 0.9% year-on-year

In January, automobile production and sales reached 2.422 million and 2.531 million respectively, down 16.7% and 9.2% month-on-month, and up 1.4% and 0.9% year-on-year respectively.

1. Passenger car sales in January increased by 6.7% year-on-year

In January, passenger car production and sales were 2.077 million and 2.186 million, up 8.7% and 6.7% year-on-year, respectively. In terms of vehicle types, sedan production and sales were 962,000 and 1.018 million, up 7.3% and 4.1% year-on-year, respectively; SUV production and sales were 1.007 million and 1.057 million, up 11.1% and 8.7% year-on-year, respectively; MPV production and sales were 77,000 and 81,000, down 7.3% and 1.4% year-on-year, respectively; crossover passenger car production and sales were 32,000 and 30,000, up 29.3% and 78.0% year-on-year, respectively.

In January, Chinese-branded passenger cars sold a total of 1.004 million units, a year-on-year increase of 15.9%, accounting for 45.9% of the total passenger car sales, and the market share increased by 3.7 percentage points year-on-year.

(II) Commercial vehicle sales in January fell 25.0% year-on-year

In January, commercial vehicle production and sales were 345,000 and 344,000, down 28.0% and 25.0% year-on-year, respectively. By vehicle type, truck production and sales were 315,000 and 314,000, down 29.0% and 25.8% year-on-year, respectively; passenger car production and sales were both 30,000, down 14.9% and 15.8% year-on-year, respectively.

2. New energy vehicle sales in January increased 1.4 times year-on-year

In January, the production and sales of new energy vehicles were 452,000 and 431,000 respectively, up 1.3 times and 1.4 times year-on-year, with a market penetration rate of 17.0%. In terms of vehicle types, the production and sales of pure electric vehicles were 367,000 and 346,000 respectively, up 1.2 times year-on-year; the production and sales of plug-in hybrid vehicles were 85,000, up 2.0 times year-on-year; the production and sales of fuel cell vehicles were 142 and 192 respectively, up 3.9 times and 2.0 times year-on-year.

3. The main business income of key enterprises in 2021 increased by 2.8% year-on-year

In 2021, key enterprises (groups) in the automobile industry achieved a total main business income of 4,090.43 billion yuan, a year-on-year increase of 2.8%, an increase of 1.1 percentage points from January to November; the total profit and tax was 473.75 billion yuan, a year-on-year increase of 2.4%, an increase of 2.0 percentage points from January to November.

IV. Automobile exports in January increased by 87.7% year-on-year

In January, 231,000 vehicles were exported, up 87.7% year-on-year. By vehicle type, 185,000 passenger cars were exported, up 94.5% year-on-year. 46,000 commercial vehicles were exported, up 64.8% year-on-year. 56,000 new energy vehicles were exported, up 5.4 times year-on-year.

(Note: The above data comes from the China Association of Automobile Manufacturers.)

Source: Equipment Industry Department I, Ministry of Industry and Information Technology

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