According to the website of the China Association of Automobile Manufacturers, according to statistical analysis by the China Association of Automobile Manufacturers, in February 2024, passenger car sales fell sharply from January due to the combined effects of the Spring Festival month and the release of pre-holiday car purchase demand.
In February 2024, the production and sales of passenger cars were 1.273 million units and 1.333 million units respectively, a month-on-month decrease of 38.9% and a 37% decrease respectively, and a year-on-year decrease of 25.8% and 19.4% respectively.
From January to February 2024, the production and sales of passenger cars were 3.36 million and 3.451 million respectively, a year-on-year increase of 7.9% and 10.6% respectively.
In February 2024, among the main varieties of passenger cars, compared with the previous month, the production of crossover passenger cars showed a double-digit decrease and the sales increased significantly. The production and sales of the other three major categories of passenger cars all showed a double-digit decrease; Compared with the same period last year, the production and sales of the four major categories of passenger cars all showed a significant decline.
From January to February 2024, among the main types of passenger cars, compared with the same period last year, the production and sales of sports utility vehicles (SUVs) showed double-digit growth, and the production of basic passenger cars (sedans) decreased slightly. , sales increased slightly, while the production and sales of multi-purpose passenger vehicles (MPV) and crossover passenger vehicles declined to varying degrees.
In February 2024, domestic sales of passenger cars were 1.018 million units, a decrease of 41.7% month-on-month and a year-on-year decrease of 26.3%.
From January to February 2024, domestic sales of passenger cars were 2.765 million units, a year-on-year increase of 6.4%.
In February 2024, 315,000 passenger cars were exported, a month-on-month decrease of 14.7% and a year-on-year increase of 16.2%.
From January to February 2024, 686,000 passenger cars were exported, a year-on-year increase of 31.5%.
