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Position:analyst > statisticsdata > CAAM Releases Production & Sales Data of China’s Auto Industry in May

CAAM Releases Production & Sales Data of China’s Auto Industry in May

2016-06-16    Source:www.chinabuses.org
Summarize:
www.chinabuses.org: On June 13, China Association of Automobile Manufacturers (CAAM) officially released statistics about the production and sales in May, showing that both production and sales dipped compared with those in the previous month, but both went up compared with those in the same period last year.


In May, China rolled out 2.0649 million vehicles, down by 5.08% against that in the previous month and up by 5.01% against the same period last year; in the same month, the nation sold 2.0917 million vehicles, down by 1.66% against that in the previous month and up by 9.75% against the same period last year. In the field of commercial vehicle industry, China produced 292,800 units, down by 12.73% against that in the previous month and up by 1.98% year on year; the nation sold 298,600 units commercial vehicles, down by 13.01% against that in April this year and up by 1.40% year on year. 


Compared with the statistics in April this year, the production and sales of both buses and trucks went down. In comparison with the same period last year, the production and sales of trucks saw a slight growth while those of buses witnessed a sharp drop. For detailed information about the production and sales of buses and trucks, please refer to the Table 1 below. (M-M G.R. = month-on-month growth rate; Y-Y G.R. = year on year growth rate)


Table 1: Production and Sales of Buses and Trucks in May, 2016

 

Production

M-M G.R.

Y-Y G.R.

Sales

M-M G.R.

Y-Y G.R.

buses

40,100

-14.57%

-14.92%

41,300

-7.42%

-17.27%

  -large

5,700

-6.87%

-5.04%

5,500

-4.75%

0.31%

  -medium

7,700

-7.83%

56.66%

7,700

-1.93%

53.26%

  -light

26,700

-17.74%

-26.23%

28,100

-9.31%

-28.74%

trucks

252,700

-12.43%

5.30%

257,300

-13.85%

5.22%

  -heavy

61,700

-7.02%

25.77%

64,800

-5.88%

25.37%

  -medium

15,100

-32.79%

6.87%

18,400

-12.18%

13.73%

  -light

125,700

-11.99%

-4.24%

121,800

-16.80%

-9.72%

  -mini

50,300

-11.83%

10.26%

52,300

-16.25%

25.18%


From January to May, China’s auto industry maintained a steady growing momentum in both its production and sales. The country’s production and sales volume of vehicles reached 10.8435 million and 10.7552 million respectively, up by 5.75% and 6.96% year on year. The year-on-year growth rates were 2.57 percentage and 4.85 percentage higher than those in the same period last year. In the meantime, the production and sales volume of commercial vehicles reached 1.5163 million and 1.4970 million respectively, up by 0.89% and 2.32% respectively. The top fifteen players in the commercial vehicle market are BAIC, Dongfeng, Chang’an, SAIC, JAC, FAW, CNHTC, Brilliance Auto, Lifan, Changcheng, Shaanxi Automobile, King Long United, Tangjun Ouling, Yutong and Chengdu Dayun. For detailed information about the production and sales of buses and trucks, please refer to the Table 2 below. (Y-Y G.R. = year on year growth rate)


Table 2: Production and Sales of Buses and Trucks from January to May, 2016

 

Production

Y-Y G.R.

Sales

Y-Y G.R.

buses

207,600

-9.11%

206,100

-10.30%

  -large

27,400

8.32%

26,100

7.80%

  -medium

31,900

24.97%

31,400

21.34%

  -light

148,400

-16.48%

148,600

-17.30%

trucks

1,308,700

2.69%

1,290,900

4.67%

  -heavy

282,900

10.23%

280,900

14.57%

  -medium

94,200

16.43%

88,400

11.69%

  -light

659,400

-7.86%

657,400

-4.98%

  -mini

272,200

23%

264,100

21.70%


One highlight of China’s auto industry is the fast growth of new energy vehicle sector. From January to May, the sales of electric passenger vehicles accounted for 45% of the total sales of new energy vehicles, that of plug-in hybrid passenger vehicles 24%, that of plug-in hybrid commercial vehicles 29% and that of electric commercial vehicles 2%. For detailed information of the production and sales of new energy vehicles, please refer to the Table 3 down below. 


Table 3: Production and Sales of New Energy Vehicles

 

May, 2016

 

Production

Y-Y G.R.

Sales

Y-Y G.R.

New energy

37,000

 131 .3%

35,000

128 .0%

-electric

29,000

177.0%

26,000

161.6%

-plug-in hybrid

9,000

49 .3%

9,000

68 .7%

 

January-May, 2016

 

Production

Y-Y G.R.

Sales

Y-Y G.R.

New energy

13,200

131 .4%

12,600

134.1%

 -electric

99,000

175 .1%

92,000

176 .2%

 -plug-in hybrid

33,000

55 .8%

34,000

65 .0%


For information about China’s exports of vehicles, please refer to the Table 4 down below. (M-M G.R. = month-on-month growth rate; Y-Y G.R. = year on year growth rate; Y-Y-C G.R. = year-on-year cumulative growth rate)

Table 4 China’s Exports of Vehicles, 2016

 

May

Jan.-May

M-M G.R.

Y-Y G.R.

Y-Y-C G.R.

Vehicles

56,000

246,000

4.5%

-20.9%

-22.2%

 -passenger vehicles

36,000

157,000

7.6%

-5.2%

-10.3%

 -commercial vehicles

20,000

89,000

-0.7%

-39.2%

-36.9%



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