China Automobile Dealers Association: Automobile transaction situation in Beijing in April 2020

1. New car transactions in April 2020

1. New car transaction situation

1. In April, 50,491 new cars were sold in Beijing, up 75.18% from the previous month, 31.68 percentage points higher than the national average; down 11.72% from the previous year, 16.12 percentage points higher than the national average.

2. From January to April, a total of 132,534 new cars were traded in Beijing, a cumulative decrease of 32.74% compared with 197,044 last year, and the decline was 1.64 percentage points higher than the national average.

2. Sales of imported cars in Beijing in April

1. In April, 4,952 imported cars were traded in Beijing, up 86.94% from the previous month and down 17.26% from the previous year, accounting for 9.81% of the total new car transactions in Beijing.

2. From January to April, a total of 13,426 imported cars were traded in Beijing, a cumulative decrease of 39.86% compared with 22,324 last year, accounting for 10.13% of the total new car transactions in Beijing.

(III) Sales of pure electric passenger vehicles in Beijing in April

1. In April, a total of 6,986 pure electric new energy vehicles were traded in Beijing, a decrease of 18.58% from the previous month and 2.29% from the previous year, accounting for 13.24% of the total new car transactions.

2. In April, Beijing traded 6,685 pure electric new energy passenger cars, 135 commercial vehicles, and 166 imported vehicles. Among them, pure electric passenger cars decreased by 19.28% month-on-month, domestic commercial vehicles increased by 575% month-on-month, and imported pure electric vehicles decreased by 40.29% month-on-month.

3. The top five domestic pure electric vehicle sales in April were: BYD, Beijing, Trumpchi, NIO, and GAC; the top three imported pure electric vehicle sales were: Tesla, Audi, and BMW.

4. From January to April, a total of 21,783 pure electric vehicles were traded in Beijing, compared with 28,703 last year, a year-on-year decrease of 24.11%.

5. From January to April, a total of 21,076 domestically produced pure electric vehicles were traded, down 19.65% from 26,231 last year, accounting for 96.76% of the total sales of pure electric new energy passenger vehicles and 15.90% of the total new car transactions.

2. Second-hand car transactions in Beijing in April 2020

1. In April, 33,100 second-hand car transactions were transferred in Beijing. Affected by the epidemic, the number increased by 7,338.20% from 445 in March and decreased by 53.05% year-on-year. The out-migration rate was 33.53%.

2. From January to April, the total number of used car transactions in Beijing was 90,945, a decrease of 60.39% compared with 229,600 last year. The transaction ratio of new and used cars was 1:0.69, and the cumulative outward migration rate from January to April was 43.99%.