According to the statistical analysis of the China Association of Automobile Manufacturers (CAAM) in July 2020, the overall situation of automobile production and sales is stable, the production and sales volume of that month decreased slightly compared with the same period of last month, and continued to increase year on year, of which the growth rate of commercial vehicles was still obvious. From January to July, the year-on-year decline in automobile production and sales continued to narrow.

　　First, the operation of the situation overview

　　In July 2020, with China's overall promotion of epidemic prevention and control and economic and social development, the overall recovery trend of economic operation continues to be good, especially driven by various consumption promotion policies, market players accelerate the pace of business and market resumption, residents' outbound consumption increases orderly, market vitality gradually increases, and market sales continue to improve. In this context, the automobile production and sales continued the warming trend since the second quarter and maintained a good running situation.

　　From the year-on-year production and sales, the automobile production and sales continued to show a double-digit growth. Among them, the contribution of commercial vehicles to the growth of the overall automobile market is still very obvious under the strong pull of trucks; four types of trucks are still growing strongly, among which the monthly sales growth rate of heavy trucks is more than 80%. Passenger cars continued to grow year on year in the same month, and the growth rate also increased.

　　From the industry development trend, although the production and sales growth momentum is good this month, but the enterprise and terminal inventory growth is obvious, so enterprises should pay attention to the change of inventory and avoid increasing the burden of enterprises due to excessive inventory. We have also noticed that a series of policies to promote consumption issued by the state are gradually playing a positive role in the long-term development of the automobile market. In the first half of the year, the policies to promote consumption implemented by various localities have come to an end. In order to hedge the impact of the epidemic situation, relevant policies will be introduced in succession. However, the efforts to directly promote automobile consumption may be weakened, and the pace of policies will also slow down. We hope that all localities will be able to slow down the pace of policies The government will introduce more policies with a wider range of benefits and more stable policies, and ensure that they are implemented as soon as possible. Therefore, industrial enterprises should pay close attention to the changes in the domestic market and the implementation of national and local policies, timely adjust the pace of production and operation, and steadily promote the high-quality development of enterprises.

　　Second, the operation of the automotive industry in June 2020

　　1. Automobile production and sales continued to grow year on year

　　In July, the production and sales of automobiles were 2.201 million and 2.12 million respectively, down 5.3% and 8.2% on a month on month basis, with a year-on-year increase of 21.9% and 16.4% respectively.

　　From the cumulative production and sales situation, from January to July, the production and sales of automobiles completed 12.314 million and 12.365 million respectively, down 11.8% and 12.7% year-on-year, 5% and 4.2 percentage points lower than those from January to June respectively.

　　2. The production and sales of passenger cars kept increasing year on year, while the market performance of SUV and cross type passenger cars remained outstanding

　　In July, the production and sales of passenger cars were 1.729 million and 1.665 million, respectively, down 3.9% and 5.6% on a month on month basis, with a year-on-year increase of 13.2% and 8.5% respectively. Among them, the output of the four sub models increased, except that MPV decreased slightly year-on-year, other models showed growth.

　　From the cumulative situation, from January to July, the production and sales of passenger cars completed 9.483 million and 9.533 million, respectively, down 17.8% and 18.4% year-on-year. The decline rate was 4.7 and 4 percentage points lower than that in January June. In terms of vehicle types, the production and sales of passenger cars decreased by 21.5% and 22.1% respectively; the production and sales of SUV decreased by 9.9% and 11%; the production and sales of MPV decreased by 42.5% and 40.6%; the production and sales of cross type passenger cars decreased by 14% and 15.8% respectively. From the perspective of cumulative growth rate of sub models, SUV and cross type passenger cars are better than the overall level.

　　3. The production and sales of commercial vehicles continued to show a substantial growth year on year

　　In July, the production and sales of commercial vehicles were 472000 and 447000 respectively, down 10.4% and 16.6% on a month on month basis, and increased by 70.3% and 59.4% year on year respectively. From the perspective of subdivision models, passenger cars showed a double-digit decline in a single month, while freight cars grew very rapidly, with a year-on-year growth rate of 71.1%. The sales volume of four types of trucks still showed rapid growth, of which the sales growth of heavy-duty trucks exceeded 80%.

　　From January to July, the production and sales of commercial vehicles were 2.831 million and 2.832 million, respectively, with a year-on-year increase of 16.4% and 14.3%, respectively, 6.9 and 5.7 percentage points higher than that of January June. According to the production and sales of different models, the production and sales of passenger cars and trucks were 220000 and 217000 respectively, down 11.4% and 13% year-on-year; the production and sales of freight cars were 2611000 and 2615000, respectively, increasing by 19.6% and 17.4% respectively.

　　4. The production and sales of new energy vehicles decreased year on year, showing a rapid growth

　　In July, the production and sales of new energy vehicles were 100000 and 98000 respectively, with a year-on-year increase of 15.6% and 19.3%. Among them, the production and sales of pure electric vehicles were 79000 and 78000, respectively, with a year-on-year growth of 17.9% and 24.2%; the production and sales of plug-in hybrid electric vehicles were 21000 and 19000, respectively, with a year-on-year growth of 7.8% and 2.7%.

　　From January to July, the production and sales of new energy vehicles were 496000 and 486000, respectively, down 31.7% and 32.8% year-on-year. Among them, the production and sales of pure electric vehicles were 380000 and 378000, with a year-on-year decrease of 35.0% and 34.3%; the production and sales of plug-in hybrid electric vehicles were 116000 and 108000, respectively, with a year-on-year decrease of 17.4% and 26.4%; the production and sales of fuel cell vehicles were 397 and 407, respectively, with a year-on-year decrease of 66.1% and 63.2%.

　　5. The market share of Chinese brand passenger cars ended its downward trend month on month

　　In July, the sales volume of Chinese brand passenger cars decreased slightly compared with the same period of last year. A total of 585000 vehicles were sold, with a month on month decrease of 0.9% and a year-on-year increase of 4.5%, accounting for 35.1% of the total sales of passenger cars, and the share increased by 1.7% compared with the previous month, ending the continuous downward trend since March. Among the major foreign brands, compared with the previous month, the sales volume of German and Japanese brands decreased slightly, while the decline of other foreign brands was more obvious; compared with the same period of last year, the sales volume of French passenger cars decreased by more than 70%, while that of Korean brands decreased slightly. Other foreign brands showed different degrees of growth, and the growth rate of Japanese brands was close to 20%. In July, the market share of Chinese brand cars, SUVs and MPVS was 19.1%, 45% and 64.9% respectively. Compared with the previous month, the market share of Chinese brand cars increased and the performance was better than that of last month.

　　From January to July, a total of 3.434 million passenger cars of Chinese brands were sold, a year-on-year decrease of 25%, accounting for 36.0% of the total sales of passenger cars, with a 3.2 percentage point decrease over the same period of last year. Among the major foreign brands, compared with the same period of last year, the decline rate of Japanese passenger car sales was slightly lower, and other foreign brands showed a double-digit rapid decline. From January to July, the market share of Chinese brand cars, SUVs and MPVS were 18.3%, 47.9% and 66.7%, respectively, showing a downward trend compared with the same period of last year.

　　6. Automobile export decreased year on year

　　In July, automobile enterprises exported 62000 vehicles, with the same month on month growth and a year-on-year decrease of 23.1%. In terms of vehicle types, 45000 passenger cars were exported this month, with a month on month increase of 1.1% and a year-on-year decrease of 25.9%; and that of commercial vehicles was 18000, a month on month decrease of 2.8% and a year-on-year decrease of 14.9%.

　　From January to July, automobile enterprises exported 448000 vehicles, a year-on-year decrease of 21.2%, an increase of 0.3 percentage points compared with January June. In terms of vehicle types, 333000 passenger cars were exported, down 14.2% year-on-year; 115000 commercial vehicles were exported, a year-on-year decrease of 36.3%.

　　7. The market concentration of key enterprise groups is higher than that of the same period

　　From January to July, the sales volume of the top ten enterprise groups in terms of auto sales totaled 11.036 million vehicles, a year-on-year decrease of 12.3%, which was 0.4% lower than that of the industry. It accounted for 89.3% of the total auto sales, 0.4% higher than the same period of last year.