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Economy

In September, the production of new energy vehicles in China increased by 1.1 times year-on-year, and the export of finished vehicles increased by 73.9% year-on-year - "golden nine and silver ten", showing the vitality of China's car market

2022-10-28   

September and October are the traditional peak sales seasons for automobiles, commonly known as "golden nine and silver ten". From car enterprises to dealers, they will seize the opportunity and show their skills. At the same time, the automobile industry is the pillar industry of the national economy, and China's automobile sales account for 10% of the total retail sales of consumer goods. How is the performance in the traditional peak season of the car market this year? Information from all parties shows that with the recovery of the national economy, the intensive launch of new cars on the market, the halving of purchase tax and other policy support, the automobile market is showing strong vitality. According to the data recently released by the China Automobile Industry Association (hereinafter referred to as the "China Automobile Association"), the domestic automobile market continued to rise and maintain a high growth rate from June to September, hitting the best level in the same period of nearly three years, playing a positive role in stabilizing the economic market. The export volume of automobiles has surpassed that of Germany for the first time, ranking the second in the world. It is expected that auto production and sales will continue to grow rapidly in the fourth quarter, and the auto market will achieve the goal of stable growth in the whole year. "The off season is not light, but the peak season reappears". The development of the automobile industry continues to attract good consumers in groups of two or three. Some are inquiring about the price, some are consulting about the car configuration and performance in detail, and some are static "test driving"... On an ordinary weekend in October, many consumers came to the car sales office of a shopping center in Chaoyang District, Beijing to inquire. "The flow of people almost never stops after a day. Now is a good time to buy a car." The field staff said. Recently, "hot consultation", "test drive in advance", "exhibition car sold out" and other situations in auto 4S stores and direct stores in Beijing, Shanghai and other places have become high-frequency words in media reports. How about the actual performance of automobile sales? In September, BYD sold 20.12 million cars, up 151.2% year on year. FAW Volkswagen, Chery, Chang'an, Geely and other brands also achieved good results. From the September sales data released by the Passenger Car Market Information Joint Conference (hereinafter referred to as the "Passenger Car Association"), most of the major car companies achieved year-on-year sales growth. The data of China Automobile Association also shows that in September, auto production and sales continued to maintain rapid growth, highlighting the nature of traditional sales peak season. In that month, the production and sales reached 2.672 million and 2.61 million respectively, up 11.5% and 9.5% month on month, 28.1% and 25.7% year on year. From January to September, the production and sales of automobiles reached 19.632 million and 19.47 million respectively, up 7.4% and 4.4% year on year, 2.6 percentage points and 2.7 percentage points higher than that from January to August. "In the third quarter of this year, the monthly production and sales of automobiles increased rapidly, showing a trend of 'not light in the off season, but reappearing in the peak season', driving the industry to stabilize and recover." Chen Shihua, deputy secretary-general of the China Automobile Industry Association, said. In the first half of the year, due to the shortage of chips, the rise in the price of raw materials for power batteries and the epidemic situation, the production and sales of automobiles once declined, posing serious challenges to the industry. Since late May, a series of policies have been introduced to stabilize growth and promote consumption. Among them, the purchase tax halving policy has greatly stimulated the market vitality, effectively helped the automobile industry out of the trough, showing a trend of recovery. The prosperity index of China's automobile industry in the third quarter released by the China Automobile Association shows that the operation of the automobile industry in the third quarter has picked up significantly and will continue to improve in the future. According to the analysis of China Automobile Association

Edit:Yi Bing Responsible editor:Wei Li Bin

Source:people.com.cn

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