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China automobile sales up 3.98 percent in March

BEIJING – China’s automobile sales in March increased 3.98 percent from the same period of the previous year to 2.54 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on April 11.

Passenger vehicle sales reached 2,096,300 units, up 1.70 percent, while commercial vehicle sales reached 446,600 units, up 16.19 percent. 

The top 10 automakers by sales in March were SAIC, Dongfeng, Chang’an, FAW, BAIC, GAC, Geely, Great Wall, Brilliance and Chery. Combined sales of these 10 companies reached about 2.24 million units, accounting for 88.21 percent of total automobile sales.

A total of around 990,200 passenger cars were sold in March, down 4.93 percent compared with the same month of last year. The top 10 passenger car makers by sales in March were SAIC-VW, FAW-VW, SAIC-GM, Dongfeng-Nissan, Chang’an-Ford, Geely, FAW-Toyota, Beijing-Hyundai, GAC-Honda and GAC-Toyota. Combined sales of these 10 companies reached about 709,300 units, accounting for 71.63 percent of total passenger car sales. The Volkswagen Lavida ranked first on the list of sales of the top 10 car models in March by selling 47,600 units in the month, followed by the Buick Excelle (35,400 units) and the Nissan Sylphy (33,900 units).

Sales of SUVs kept surging with a year-on-year growth rate of 19.59 percent to 832,300 units, the only growing segment in passenger vehicle sector. The top 10 SUV makers by sales in March were Great Wall, Chang’an, GAC Motor, Geely, Dongfeng-Honda, SAIC-GM-Wuling, SAIC-VW, SAIC-GM, SAIC PC and Dongfeng-Nissan. Combined sales of these 10 companies reached 405,200 units, accounting for 48.68 percent of total SUV sales.

MPV sales were down 14.93 percent to 199,300 units. The top 10 MPV makers by sales in March were SAIC-GM-Wuling, Chang’an, Dongfeng, BAIC Yinxiang, SAIC-GM, BAIC Motor, JAC, Dongfeng-Honda, Jinbei Auto and Changhe, with combined sales of 181,700 units, which took up 91.17 percent of total MPV sales.

Microvan sales continued to slip with 74,600 units sold in March, down 16.74 percent.

In commercial vehicle sales, bus sales reached 41,100 units, down 17.68 percent, while truck sales reached 405,600 units, up 21.24 percent.

For new energy vehicles, a total of 31,120 units were sold in March, up 35.60 percent. New energy passenger vehicle sales reached 28,490 units, a surge of 81 percent on a yearly basis, while new energy commercial vehicle sales reached 2,630 units, down 63.60 percent. NEV sales in the first quarter, however, were still down by 4.7 percent to 56,000 units.

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