· China Automobile Association: Car sales in May increased by nearly 10%

Recently, the China Association of Automobile Manufacturers released the production and sales of the automobile market in May. In the month, the production and sales volume of automobiles was 1,780,500 and 1,761,500 respectively, down 6.27% and 4.36% respectively, up 13.52% and 9.81% respectively. From January to May, the production and sales volume of automobiles was 9,907,200 and 9,00.81, respectively. The year-on-year growth was 13.49% and 12.56% respectively.

The production and sales of passenger cars were generally stable, and the growth rate showed a gradual decline. In May, the production and sales of passenger cars were 1,419,700 and 1,396,900, respectively, down 5.3% and 3.1% respectively from the previous month, up 11.9% and 9% respectively over the same period of the previous year. From January to May, the production and sales of passenger cars were 7,310,600 and 7,261,600 respectively, up 15.2% and 14.7% respectively. The growth rate dropped by 0.7 percentage points and 1.5 percentage points respectively compared with the previous four months. Compared with the same period of last year, the growth rate of production and sales of SUVs exceeded 40%, and the growth rate was faster. The growth rate of production and sales of cars exceeded 12%, but it was lower than the growth rate of passenger cars.

From January to May, the sales of Chinese brand passenger cars totaled 3.0354 million, an increase of 14.47% year-on-year. The growth rate was 1.78 percentage points lower than that of the previous April, accounting for 41.80% of the total sales of passenger vehicles. The occupancy rate decreased by 0.09 compared with the same period of last year. Percentage points. Among foreign brands, from January to May, sales of German, Japanese, American, Korean and French passenger cars accounted for 19.10%, 14.46%, 12.10%, 9.08% and 3.23% of the total sales of passenger vehicles, respectively. . Compared with the same period of last year, the market share of other foreign brands continued to increase year-on-year except for Japanese.

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