Industry Data|April 2024 Automobile Production Sales
2024-05-16

According to the analysis of China Association of Automobile Manufacturers, in April 2024, China's economic prosperity level in general continued to exp, the three major indices continue to remain in the expansion zone, manufacturing enterprise production continues to accelerate, market dem continues to recover, business confidence in the recent market development is generally stable. China's automobile production sales declined from the previous year showed faster growth year-on-year, of which new energy vehicles automobile exports continued to maintain rapid growth year-on-year.

01

Monthly car sales


In April 2024, automobile production sales accomplished 2.406 million units 2.359 million units respectively, down 10.5% 12.5% YoY, up 12.8% 9.3% YoY.

From January to April 2024, the production sales of automobiles amounted to 9.012 million units 9.079 million units respectively, up 7.9% 10.2% year-on-year.


02

Monthly Fuel Vehicle Sales


In April 2024, the production sales of fuel vehicles completed 1,536,000 units 1,509,000 units respectively, down 16% 177% from a year earlier, up 3% down 1% from a year earlier.

From January to April 2024, the production sales of fuel vehicles completed 6,025,000 units 6,137,000 units respectively, down 0.4% up 2% from the same period last year.



03

Monthly Sales of New Energy Vehicles


1

In April 2024, the production sales of new energy vehicles were completed at 870,000 850,000 respectively, up 35.9% 33.5% year-on-year.


2

From January to April 2024, the production sales of new energy vehicles were completed at 2,985,000 2,940,000 respectively, up 30.3% 32.3% year-on-year.

04

Monthly automobile exports


1

According to the analysis of China Association of Automobile Manufacturers (CAAM), in April 2024, automobile exports maintained rapid growth year-on-year.

In April 2024, automobile exports increased by 504,000 units, up 0.4% from a year earlier 34% year-on-year.

From January to April 2024, automobile exports 1.827 million units, up 33.4% year-on-year.




2

In April 2024, 390,000 units of conventionally fueled vehicles were exported, up 3.3% from the previous month up 41.6% from the previous year.

In January-April 2024, 1.407 million conventional fuel vehicles were exported, up 37.7% year-on-year.




3

In April 2024, exports of new energy vehicles amounted to 114,000 units, down 8.6% from a year earlier up 13.3% year-on-year.

In January-April 2024, 421,000 new energy vehicles were exported, up 20.8% year-on-year.