Ministry of Industry and Information Technology: In July, my country's automobile production and sales increased by 31.5%and 29.7%year -on -year, respectively

Author:Securities daily Time:2022.08.15

On August 13, the Ministry of Industry and Information Technology released the operating economic operation of the automotive industry in July 2022. Data show that in July 2022, the production and sales of automobiles remained rapidly growing. The monthly and sales of automobiles were 2.455 million and 2.42 million, respectively, an increase of 31.5%and 29.7%year -on -year. New energy vehicles continued to grow at a high -speed growth momentum. In July, the production and sales of new energy vehicles completed 617,000 and 593,000, respectively, an average of 1.2 times year -on -year, and the market share was 24.5%.

Data show that in July, the production and sales of automobiles were 2.455 million and 2.42 million, respectively, a decrease of 1.8%and 3.3%, respectively, and a year -on -year increase of 31.5%and 29.7%, respectively.

In the first seven months, the production and sales of the automobiles were 14.571 million and 14.477 million, respectively. The cumulative production increased by 0.8%year -on -year, achieving negative to right; sales have decreased by 2%year -on -year, and the decrease was narrowed by 4.6 percentage points.

Among them, the production and sales of passenger vehicles in July completed 2.21 million and 2.174 million, respectively, a year -on -year increase of 42.6%and 40.0%, respectively. From the perspective of the distribution model, the production and sales of cars were 10.44 million and 1.036 million, respectively, an increase of 43.3%and 45.2%year -on -year; 1.055 million and 1.027 million were completed, respectively, an increase of 49.1%and 41.8%year -on -year; MPV production and sales were completed respectively. 85,000 and 81,000 units, an increase of 2.4%and 0.2%year -on -year; the production and sales of cross -type passenger vehicles completed 26,000 and 31,000 units, respectively, a year -on -year decrease of 15.4%and 13.2%, respectively.

In the first 7 months, the production and sales of passenger vehicles were 12.645 million and 12.529 million, respectively, an increase of 10.9%and 8.3%year -on -year. From the perspective of the distribution models, the production and sales of cars were 5.972 million and 5.965 million, respectively, an increase of 13.0%and 11.3%year -on -year; the production and sales of SUVs were 6.023 million and 5.916 million, respectively, an increase of 12.6%and 8.4%year -on -year; MPV production and sales were completed respectively. 467,000 and 465,000 units, a year -on -year decrease of 15.1%and 13.3%, respectively; the production and sales of cross -type passenger vehicles were 183,000, a year -on -year decrease of 16.3%and 13.6%, respectively.

In terms of commercial vehicles, the production and sales of commercial vehicles in July completed 244,000 and 246,000, respectively, a year -on -year decrease of 22.9%and 21.5%, respectively. From the perspective of the distribution models, the production and sales of trucks were 212,000 and 216,000, respectively, a year -on -year decrease of 22.5%and 21.5%respectively; 32,000 and 300,000 units were completed by the production and sales of passenger cars, respectively, a year -on -year decrease of 25.4%and 21.1%, respectively.

In the first seven months, the production and sales of commercial vehicles completed 1.927 million and 1.948 million, respectively, a year -on -year decrease of 36.9%and 39.3%, respectively. From the perspective of the distribution models, the production and sales of trucks were 1.719 million and 1.738 million, respectively, a year -on -year decrease of 37.6%and 40.3%respectively; 208,000 and 209,000 vehicles were completed by the production and sales of passenger cars, respectively, a year -on -year decrease of 30.8%and 29.2%, respectively.

In July, the production and sales of new energy vehicles completed 617,000 and 593,000, respectively, an average of 1.2 times year -on -year, and the market share was 24.5%. From the perspective of the division, the production and sales of pure electric vehicles completed 472,000 and 457,000, respectively, an increase of 1.0 times and 1.1 times year -on -year; the production and sales of plug -in hybrid vehicles completed 144,000 and 135,000, respectively, an increase of 1.8 times year -on -year and respectively. 1.7 times; the production and sales of fuel cell vehicles completed 292 and 245, respectively, an increase of 4.6 times and 13.4%year -on -year, respectively.

In the first seven months, the production and sales of new energy vehicles were 3.279 million and 3.194 million, respectively, an average of 1.2 times year -on -year, and the market share was 22.1%. From the perspective of the division, the production and sales of pure electric vehicles were 2.574 million and 2.518 million, respectively, a average year -on -year increase of 1.0 times; the production and sales of plug -in hybrid vehicles were 702,000 and 674,000, respectively, an increase of 1.9 times and 1.7 times year -on -year; The production and sales of fuel cell vehicles were completed by 0.2,000 units, an increase of 2.1 times and 1.4 times year -on -year, respectively. (Guo Jichuan)

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