In May, the production and sales of passenger cars reached 1,748,000 and 1,751,000 units respectively, down 2% in production but up 1.7% in sales than that of last month, and down 1.8% and 2.6% year on year, 2.5 percentage points lower than the overall. The lower growth was a key factor to the whole industry.
For the first five months, the production and sales of passenger cars were 9,638,000 and 9,421,000 units respectively, up 3.1% and 1.5% year on year, 1.4 percentage points and 2.2 percentage points lower than the overall growth. As for the passenger cars by type, comparing with the same period last year, except that SUV continued growth, of which the production and sales were up 19.6% and 17.1%, others all witnessed decline. To be specific, the production and sales of cars were down 2% and 3% respectively. For MPV, the production and sales were down 13.9% and 17.8%. The situation of crossed passenger cars was even worse, of which such figures decreased by 34.1% and 25.7%.
In May, the sales of passenger cars with engine capacity of 1.6L and below reached 1,154,000 units, down 9.2% year on year. The sales accounted for 65.9% of the total sales of passenger cars, 4.8 percentage points lower than the same period last year.
For the first five months, the sales of passenger cars with engine capacity of 1.6L and below reached 6,482,000 units, down 2.3% year on year, 2.6 percentage points lower than the same period last year, accounting for 68.8% of the total sales of passenger cars.