According to data from the China Association of Automobile Manufacturers released on April 10th, both production and sales of automobiles in China reached 66.06 million units and 67.2 million units respectively in the first quarter of this year, with year-on-year growth rates of 6.4% and 10.6% respectively.
Specifically, from January to March this year, production and sales of passenger cars in China reached 5.609 million units and 5.687 million units respectively, with year-on-year growth rates of 6.6% and 10.7% respectively.
At the same time, sales of domestic brand passenger cars in China reached 3.392 million units, with a year-on-year growth rate of 26.4%, increasing its market share to 59.5%.
In the field of new energy vehicles, production and sales in March reached 863,000 units and 883,000 units respectively, with year-on-year growth rates of 28.1% and 35.3%, achieving a market share of 32.8%.
Meanwhile, from January to March this year, production and sales of new energy vehicles reached 2.115 million units and 2.09 million units respectively, with year-on-year growth rates of 28.2% and 31.8%, and a market share of 31.1%.
Regarding automobile exports, China's automobile exports reached 502,000 units in March, with both month-on-month and year-on-year growth rates exceeding 30%.
From January to March this year, the total volume of automobile exports reached 1.324 million units, with a year-on-year growth rate of 33.2%.
Among them, passenger car exports were 1.11 million units, while commercial vehicle exports were 214,000 units.
