In May, the sales and production of passenger cars slightly increased comparing with last year, but declined on monthly basis. This month, the production and sales were 1,676,900 and 1,609,300 units respectively, down 4.4% and 3.6% than that of last month, but up 1.7% and 1.2% year on year. However, their growth rates decreased 14.5 percentage points and 12.7 percentage points than the previous year.
For the first five months, the production and sales of passenger cars reached 8,740,500 and 8,583,200 units respectively, up 7.8% and 6.4% year on year. But their growth rates decreased 3.3 percentage points and 4.7 percentage points than the previous year. As for the passenger cars by type, comparing with the same period of last year, SUV continued a high-speed growth, of which the production and sales were up 49.1% and 47.7%. MPV also enjoyed a double-digit growth, with an increase of 17.8% and 17.9% in production and sales respectively, both exceeding 15%. As for cars, the production and sales witnessed decline, down 3% and 4.2% respectively. Moreover, the situation of crossed passenger cars was even worse, of which such figures decreased by 15.2% and 18.5%.