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Analysis of sales volume of Chinese brand passenger cars in June 2018: production exceeded sales for four consecutive months

Time: 18:49:01, July 12, 2018 Source: Author:

 

In June 2018, the production and sales of passenger cars were 1.931 million and 1.874 million, down 1.2% and 0.8% respectively from the previous month, and up 4.7% and 2.3% respectively from the same period last year. The growth rate of production and sales was 1.1 and 2.5 percentage points lower than that of the overall automobile industry. The production of passenger cars in this month is significantly higher than the sales volume, which has exceeded the sales volume for four consecutive months.

Data source: China Commercial Industry Research Institute database

 

From January to June, the production and sales of passenger cars were 11.854 million and 11.775 million, respectively, up 3.2% and 4.6% year on year. In terms of production and sales of four types of passenger cars, the production of cars increased by 3% and 5.5% respectively over the same period of last year; SUV production and sales increased by 9.6% and 9.7% over the same period of the previous year; The production and sales of MPV decreased by 17.1% and 12.7% respectively over the same period of the previous year; The production and sales of cross type passenger vehicles decreased by 23.8% and 25.9% respectively over the same period last year.

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