Auto & Transportation

Various auto companies and brands have recently announced their car sales in April. Judging from the announced companies and brands, car sales in April maintained a continuous upward trend, and new energy vehicles still showed a high growth trend.

Changan Automobile recently announced its April car sales, which sold more than 200,000 vehicles, a year-on-year increase of 26.78%. In the first four months of this year, the cumulative sales of automobiles exceeded 840,000, a year-on-year increase of more than 82%. GAC Group sold nearly 190,000 vehicles in April, an increase of 12.52% year-on-year. The cumulative sales in the first four months exceeded 680,000 vehicles, an increase of 44.73% year-on-year.

Car companies continue to climb sales in April, new energy vehicles maintain high growth

Passenger vehicle sales continued to climb, and commercial vehicle market performance was equally eye-catching. Data show that Foton Motor sold more than 80,000 vehicles in April, compared with 70,000 vehicles in the same period last year. The cumulative sales in the first four months of this year exceeded 280,000 vehicles, a year-on-year increase of 50.14%. Yutong Bus sold 3459 units in April, a year-on-year increase of 24.69%. In the first four months, cumulative sales exceeded 10,000 units, a year-on-year increase of 34.11%.

At the same time, the market performance of new energy vehicles remains strong. BYD’s car sales in April exceeded 45,000, an increase of more than 42% year-on-year, and the cumulative sales in the first four months were nearly 150,000, an increase of 60.48% year-on-year. Among them, nearly 26,000 new energy vehicles were sold in April, a year-on-year increase of more than doubled. Not only the sales of new energy vehicle products of traditional auto companies have maintained rapid growth, but the performance of many new car manufacturers in April has also continued the previous rapid growth trend.

Weilai Automobile sold more than 7,100 vehicles in April, a year-on-year increase of 125%, and accumulated sales of 27,000 vehicles in the first four months of this year. Ideal Auto sold more than 5,500 units in April, an increase of 111.3% year-on-year. As of the end of April, Ideal Auto had delivered more than 51,000 new vehicles. Xiaopeng Motors sold more than 5,100 vehicles in April, a year-on-year increase of 285%. It has doubled year-on-year for 10 consecutive months and has sold nearly 19,000 vehicles in the first four months of this year. New forces such as Leap Motor and Nezha Auto also achieved rapid sales growth in April.

Since the beginning of this year, under the dual effects of the market and consumption-promoting policies, the sales volume of the domestic auto market has maintained a high growth trend. According to the statistics of the key enterprises of the China Association of Automobile Manufacturers, the sales volume of the automobile industry in April is estimated to be about 2.17 million, a year-on-year increase of about 5%. In the first four months of this year, the cumulative sales of the automotive industry are estimated to exceed 8.65 million vehicles, a year-on-year increase of over 50%.

The latest issue of the "Auto Consumption Index" released by the China Automobile Dealers Association shows that the auto consumption index in April was 74.4. The news is that consumer demand for cars will increase in May, and car sales will continue to rebound.

The analysis believes that the domestic auto market sales continued to grow in April, but the growth rate has slowed down compared with the previous three months. It is expected that the auto sales for the whole year will show a trend of high and stable afterwards. Among them, self-owned brand cars are affected by factors such as the accelerated release of new products and increased market acceptance, and are expected to usher in sales exceeding expectations. With the continuous emergence of new products and new technologies, as well as the continuous increase in private purchases and policy advancement, new energy vehicles will continue to maintain a momentum of high growth in the future.