China Association of Automobile Manufacturers: Economic Operation of Automobile Industry in January 2022

China Association of Automobile Manufacturers: Economic Operation of Automobile Industry in January 2022
In January 2022, the overall situation of automobile production and sales was stable, with a decrease from the previous month and a slight increase from the previous year. In terms of subdivided models, supported by the continued slight improvement in chip supply and the promotion of policies to encourage automobile consumption in some places, passenger cars performed better than the overall level, and production and sales continued to grow steadily year-on-year. Commercial vehicle production and sales continued to decline month-on-month and year-on-year, and the year-on-year decline was more significant. New energy and automobile exports still performed outstandingly, maintaining rapid growth year-on-year.

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