On March 8, 2019, the Automotive Market Research Branch of China Automobile Dealers Association released the latest comprehensive sales data* data statistics report. The data showed that the sales volume of China’s passenger car market reached 1.169 million units in February, down 19.0% year-on-year. 45.9%, cumulative sales in January-February reached 3.33 million units, down 9.8% year-on-year.
In February, the sales volume of cars was 576,000, down 15.5% year-on-year and 46.2% from the previous month. The cumulative sales volume in January-February was 1.647 million units, down 4.8% year-on-year.
In February, MPV sales were 89,000 units, down 29.6% year-on-year and 41.1% month-on-month. The cumulative sales volume in January-February was 241,000 units, down 18.9% year-on-year.
In February, the sales volume of SUVs was 504,000, down 0.6% year-on-year and 46.3% from the previous month. The cumulative sales volume in January-February was 1.445 million units, down 13.3% year-on-year.
In February, the sales volume of new energy passenger vehicles was 43,000, a year-on-year increase of 52.0%, a decrease of 54.9% from the previous month. The cumulative sales volume in January-February was 140,000 units, an increase of 130.8%.
Judging from the rankings, FAW-Volkswagen, SAIC-Volkswagen and SAIC-GM were still in the top three in February. Four of the top 15 car companies achieved positive growth, and both Japanese and German cars had better market performance.
|1||Haval H6||Great Wall||68205||88249|
|2||Baojun 510||Shanghai GM||43898||75560|
|3||Tiguan 2018||Shanghai VW||39129||50158|
|9||Haval F7||Great Wall||25733||–|