The Automotive Market in September 2013: Strong Production and Sales Performance

author：华亿(中国)官方newstime：2013-10-21

1. Rapid Month-on-Month and Year-on-Year Growth in the Automotive Market in September 2013

In September 2013, the automotive market demonstrated strong growth in both production and sales, with notable month-on-month and year-on-year increases. From January to September, the growth in automotive production and sales remained stable, with the growth rate higher compared to the first eight months of the year.

In September 2013, vehicle production reached 1.9266 million units, up 14.87% month-on-month and 15.96% year-on-year. Vehicle sales were 1.9358 million units, up 17.40% month-on-month and 19.66% year-on-year. Specifically, passenger car production was 1.5764 million units, up 13.60% month-on-month and 16.51% year-on-year, while sales were 1.5935 million units, up 17.76% month-on-month and 21.12% year-on-year. Commercial vehicle production was 350,200 units, up 20.99% month-on-month and 13.52% year-on-year, and sales were 342,300 units, up 15.77% month-on-month and 13.30% year-on-year.

From January to September 2013, total vehicle production and sales were 15.9384 million units and 15.8831 million units, respectively, representing year-on-year increases of 12.78% and 12.70%. The growth rates were 0.42 and 0.89 percentage points higher than the first eight months of the year, respectively. Compared to the same period last year, the growth rates were 7.80 and 9.33 percentage points higher, respectively. Among these, passenger car production and sales were 12.9271 million units and 12.8493 million units, representing year-on-year increases of 13.72% and 14.02%. Commercial vehicle production and sales were 3.0113 million units and 3.0338 million units, representing year-on-year increases of 8.93% and 7.46%.

2. Passenger Car Sales Surge by 21% Year-on-Year in September 2013

In September 2013, the passenger car market exhibited significant growth characteristics typical of peak season, with strong month-on-month and year-on-year increases. The market share of Chinese brand passenger cars slightly increased compared to the previous month but significantly declined compared to the same period last year. From January to September, passenger car sales maintained stable growth above 10%, with a slight increase in growth rate compared to the first eight months of the year.

In September 2013, analyzing by vehicle type, all categories experienced growth rates exceeding 10% compared to the previous month. Compared to the same period last year, MPVs and SUVs continued to grow at high rates, with SUV production and sales growth exceeding 60%, while sedan growth was relatively low and crossover vehicle sales declined. In September, basic passenger car (sedan) production and sales were 1.0509 million units and 1.0655 million units, up 11.18% and 18.51% month-on-month and 9.94% and 14.73% year-on-year, respectively. MPV production and sales were both 122,900 units, up 25.98% and 16.39% month-on-month and 1.7 and 2.0 times year-on-year, respectively. SUV production and sales were 279,600 units and 283,600 units, up 13.96% and 18.09% month-on-month and 61.16% and 65.34% year-on-year, respectively. Crossover vehicle production and sales were 123,000 units and 121,500 units, up 23.44% and 12.05% month-on-month and down 30.90% and 30.06% year-on-year, respectively.

From January to September 2013, analyzing by vehicle type, SUV production and sales growth rates continued to increase compared to the first eight months. Sedan production growth rates continued to decline, while sales showed improvement. From January to September, basic passenger car (sedan) production and sales were 8.7087 million units and 8.6461 million units, representing year-on-year increases of 10.28% and 10.72%. MPV production and sales were 868,500 units and 867,900 units, representing year-on-year increases of 1.3 and 1.4 times, respectively. SUV production and sales were 2.1118 million units and 2.0885 million units, representing year-on-year increases of 44.57% and 45.30%. Crossover vehicle production and sales were 1.2381 million units and 1.2468 million units, representing year-on-year declines of 24.32% and 24.68%, respectively.

3. Commercial Vehicle Sales Increase by 13.3% Year-on-Year in September 2013

CommercialIn September 2013, commercial vehicle production was 350,200 units, up 20.99% month-on-month and 13.52% year-on-year, and sales were 342,300 units, up 15.77% month-on-month and 13.30% year-on-year.

In September 2013, among major commercial vehicle categories, production and sales of the five major types increased to varying degrees compared to the previous month, with the fastest growth seen in semi-trailer tractors. Compared to the same period last year, production of incomplete buses slightly declined, while other categories saw stable growth, with semi-trailer tractors maintaining the fastest growth. In September, bus production and sales were 43,400 units and 40,800 units, up 19.25% and 4.98% month-on-month and 16.16% and 9.00% year-on-year, respectively. Truck production and sales were 233,900 units and 226,700 units, up 20.77% and 14.44% month-on-month and 8.22% and 8.00% year-on-year, respectively. Semi-trailer tractor production and sales were 26,100 units and 26,600 units, up 30.76% and 40.07% month-on-month and 1.0 times and 99.15% year-on-year, respectively. Production and sales of incomplete buses were 6,900 units and 7,200 units, up 15.68% and 14.84% month-on-month, with production down 2.71% and sales up 2.61% year-on-year. Production and sales of incomplete trucks were 39,900 units and 41,000 units, up 19.24% and 22.63% month-on-month and 13.66% and 19.20% year-on-year, respectively