·The economic operation of the automobile industry from January to August 2014

From January to August 2014, China's automobile production and sales continued to maintain steady growth, and the growth rate continued to slow down compared with the previous July. The production and sales performance of automobiles in August was slightly better than that of the previous month, and maintained a growth trend compared with the same period of last year.
First, August car sales increased by 4.04% year-on-year
According to the statistics of China Association of Automobile Manufacturers, the national automobile production in August was 1,714,400 units, a decrease of 0.34% from the previous month and a year-on-year increase of 2.22%. The sales volume was 1,175,600 units, a year-on-year increase of 6.02% and a year-on-year increase of 4.04%.
From January to August, the production and sales of automobiles were 1,521,900 and 1,501,300, respectively, an increase of 8.61% and 7.67% respectively.

(I) Passenger car sales in August increased by 8.50% year-on-year
In August, passenger cars produced 1,481,000 vehicles, up 0.57% from the previous month and up 6.72% year-on-year; sales were 1,468,200, an increase of 8.12% from the previous month and an increase of 8.50% from the same period last year. Among them, the sales of cars were 910,800 units, up 1.31% year-on-year; the sales of MPVs was 145,900 units, up 38.27% year-on-year; the sales of SUVs was 311,300 units, up 29.63% year-on-year; the sales of cross-type passenger cars were 102,000 units, down 7.59% year-on-year.
From January to August, the production and sales of passenger cars were 12.66 million and 12.459 million respectively, and the growth of production and sales was 11.55% and 10.70% respectively. Among them, the sales of cars was 7,920,200 units, up 4.48% year-on-year; the sales of MPVs was 1,146,500 units, up 54.08% year-on-year; the sales of SUVs were 2,247,700 units, up 34.50% year-on-year; the sales of cross-type passenger cars were 965,500 units, down 14.25% year-on-year.

1. 1.6 liters and below displacement passenger car market share increased by 1.36%
In August, sales of passenger cars of 1.6 liters and below were 972,300 units, accounting for 66.22% of the passenger vehicle sales market, an increase of 1.36 percentage points over the same period of the previous year; sales volume increased by 10.77% year-on-year.
From January to August, sales of passenger cars of 1.6 liters and below were 8,287,700, accounting for 66.44% of the passenger car sales market, down 1.15 percentage points from the same period of the previous year; sales volume increased by 8.82% year-on-year.

2. Sales of self-owned brand passenger cars increased by 5.69% year-on-year
In August, sales of self-owned brand passenger cars totaled 545,100 units, up 5.69% year-on-year, accounting for 37.13% of the passenger car sales market. The market share increased by 2.35 percentage points from the previous month and decreased by 0.99 percentage points over the same period of the previous year. Brand cars sold a total of 179,900 units, accounting for 19.53% of total car sales, up 1.51 percentage points from the previous month and down 5.55 percentage points from the same period of the previous year.
From January to August, the sales of self-owned brand passenger vehicles totaled 4,669,600 units, a year-on-year increase of 3.05%, accounting for 37.48% of the passenger vehicle sales market, and the occupancy rate decreased by 2.78%. Among them, the self-owned brand cars sold a total of 1,722,500 units, a year-on-year. It fell 15.98%, accounting for 21.75% of total car sales, and its share fell 5.30% year-on-year.
(II) Commercial vehicle sales in August decreased by 16.36% year-on-year
In August, the production of commercial vehicles was 234,400 units, a decrease of 5.76% from the previous month and a decrease of 19.38% from the same period of last year. The sales volume was 247,400 units, a decrease of 4.94% from the previous month and a decrease of 16.36% from the same period last year.
From January to August, commercial vehicles produced a total of 2,557,100 units, down 3.94% year-on-year; sales of 2,557,800 units, down 5% year-on-year.

Second, the rapid growth of new energy vehicle production According to the statistics of motor vehicle complete vehicle certification, in August, new energy vehicles produced 5,191 vehicles, an increase of nearly 11 times. Among them, pure electric passenger cars produced 2,447 vehicles, an increase of nearly 8 times, and plug-in hybrid passenger cars produced 1,594, an increase of nearly 27 times; pure electric commercial vehicles produced 284, an increase of nearly 3 times, inserted Electric hybrid commercial vehicles produced 866 vehicles, a year-on-year increase of nearly 37 times.
From January to August, a total of 31,137 new energy vehicles were produced, a year-on-year increase of 328%. Among them, pure electric passenger cars produced 16,276 units, a year-on-year increase of nearly 7 times, plug-in hybrid passenger cars produced 6621 units, an increase of nearly 12 times; pure electric commercial vehicles produced 3,079 units, an increase of 55%, plug-in Hybrid commercial vehicles produced 5,161 vehicles, an increase of 91% year-on-year.
3. The economic benefits of key enterprises in the automotive industry maintained rapid growth According to the statistics of China Association of Automobile Manufacturers, from January to July 2014, 17 key automobile enterprise groups completed industrial output value of 1,576.676 billion yuan, an increase of 13.6% year-on-year; 1,675.06 billion yuan, an increase of 13.2%. The total profit and tax was 326.355 billion yuan, a year-on-year increase of 14.8%.
4. High-speed growth of automobile imports According to the statistics of the customs, in July 2014, the total vehicle exports were 92,200 units, a year-on-year increase of 9.5%, and the export value was 1.363 billion US dollars, an increase of 13.6%. From January to July, the total vehicle exports were 530,100 units, down 6.1% year-on-year; the cumulative export value was US$7.572 billion, up 3.1% year-on-year.
In July 2014, the total import of automobiles was 134,500 units, a year-on-year increase of 24.5%, and the import value was 5.606 billion US dollars, an increase of 36.0%. From January to July, the total import of automobiles was 829,900, a year-on-year increase of 29.7%; the cumulative import value was 35.827 billion US dollars, an increase of 37.4%.

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