The Ministry of Industry and Information Technology released the economic operation of the automobile industry in April before April

The Economic Operation of China's Auto Industry in January-April 2011

In April 2011, China's automobile production and sales market experienced negative growth for the first time since February 2009, with passenger vehicles slightly increasing year-on-year, and commercial vehicles decreasing by a large margin year-on-year.

In April and April, auto production and sales decreased 1.85% and 0.25% respectively year-on-year.

According to the statistics of China Association of Automobile Manufacturers, the national automobile production and sales in April were respectively 1.5353 million and 1.5520 million, which was a decrease of 15.98% and 15.12% respectively from the previous quarter; the year-on-year sales decreased by 1.85% and 0.25% respectively.

From January to April, the production and sales of automobiles were 6,431,100 and 6,533,900 respectively, an increase of 5.09% and 5.95% from the same period of last year. The growth rate decreased by 57.67 and 55.19 percentage points respectively from the same period of last year.

(I) April passenger car sales growth of 2.79% year-on-year

In April, the production of passenger cars was 1,156,600, an increase of 1.19% year-on-year, a decrease of 16.39% compared with the previous month, and sales of 1,143,300, an increase of 2.79% year-on-year and a decrease of 15.23% year-on-year. Among them, 791,400 cars were sold, an increase of 4.16% year-on-year; MPV sales were 40,000, an increase of 3.88% year-on-year; SUV sales were 124,100, an increase of 18.91% year-on-year; and crossover passenger cars sales were 186,800, a year-on-year decrease of 10.45%.

From January to April, the production and sales of passenger cars were 4,908,900 and 4,985,600, respectively, an increase of 6.58% and 7.55% year-on-year. Among them, 341.14 million cars were sold, an increase of 7.86% year-on-year; MPV sales were 161,800, an increase of 14.65% year-on-year; SUV sales were 516,600, an increase of 38.94% year-on-year; and crossover passenger car sales were 893,800, a year-on-year decrease of 6.73%.

In April, the sales volume of passenger cars with 1.6 liters or less increased by 5% year-on-year

In April, sales of passenger vehicles with 1.6 liters and below were 776,300, which accounted for 67.96% of the passenger car sales market, which was 1.19 percentage points lower than the previous month and 1.6 percentage points higher than the same period of last year; sales volume was up 5.30% year-on-year, declining month-on-month. 16.59%, the year-on-year growth rate was 2.51 percentage points higher than the passenger car market.

In January-April, sales of 1.6L and below passenger cars were 3,684,400, accounting for 69.56% of the passenger vehicle sales market, and passenger car market share increased by 0.04 percentage points year-on-year; sales volume increased by 7.64% year-on-year, and the growth rate was decelerating from the same period 53.42 percentage points.

In February, the sales volume of self-owned brand passenger cars decreased by 0.19% year-on-year

In April, the sales of self-owned brand passenger cars were 502,300 units, a year-on-year decrease of 0.19%, accounting for 43.97% of the passenger car sales market, which was a decrease of 1.34 percentage points from the same period of last year; of which, the sales of self-owned brand cars totaled 236,700, accounting for sales of cars. The total amount of 29.91%, an increase of 4.86%, an increase of 0.20 percentage points over the same period last year.

From January to April, a total of 2,284,400 self-owned brand passenger cars were sold, an increase of 2.07% year-on-year, accounting for 45.82% of the passenger car market, which was a decrease of 2.47 percentage points from the previous year; of which, self-owned brand cars sold a total of 1,073,600 units, a year-on-year increase. 5.41%; accounting for 31.47% of the total sales of cars, a decrease of 0.73 percentage points over the same period of last year.

(II) Sales volume of commercial vehicles fell 7.84% in April from a year earlier

In April, commercial vehicle production was 376,800, a year-on-year decrease of 10.10% and a year-on-year increase of 14.69%; sales of 409,700 units were down 7.84% year-on-year and 14.81% month-on-month.

From January to April, the production and sales of commercial vehicles were 1,522,200 and 1,548,300, respectively, an increase of 0.54% and 1.08% respectively year-on-year.

II. The economy of key enterprises in the automotive industry is in a good state of economic growth.

According to statistics from China Association of Automobile Manufacturers, from January to March, enterprises above designated size achieved total industrial output value of 1.14 trillion yuan, a year-on-year increase of 18.51%.

From January to March, 17 key automakers in the automotive industry completed a total industrial output value of 512.065 billion yuan, an increase of 9.82% over the same period last year; and completed operating revenue of 580.15 billion yuan, a year-on-year increase of 14.89%.

Third, the car import and export market increased significantly year-on-year

In March, the total vehicle export volume was 65,000 vehicles, a year-on-year increase of 62.27% and a month-on-month increase of 58.67%. The auto export volume was 5.429 billion US dollars, a year-on-year increase of 44.06% and a month-on-month decrease of 65.56%.

In March, the total vehicle imports were 97,900, a year-on-year increase of 14.68% and a year-on-year increase of 70.97%; the import value of automobile goods was US$6.954 billion, which was a year-on-year increase of 23.71% and a month-on-month decrease of 65.58%.