Briefing on the production and sales of the automobile industry in January 2009

According to the statistics of the China Association of Automobile Manufacturers, in January 2009, the effect of the fuel tax new policy and the reduction of the purchase tax on passenger cars under 1.6 liters (including) was initially revealed. The production and sales of passenger cars under 1.6 liters showed a rapid growth in the chain, especially the production and sales of cross-type passenger cars increased year-on-year and year-on-year, which was significantly better than other varieties. The inventory of automobile enterprises was released, and the inventory in the month hit a new low since 13 months. Passenger car inventory decreased by more than 80,000 units from the previous month. As the overall macroeconomic environment has not changed significantly, the overall production and sales of automobiles continued to decline in the fourth quarter of last year, and the situation of commercial vehicles was more severe.

In January, the automobile production was 656,800 units, an increase of 4.75% from the previous month and a decrease of 20.46% from the same period of last year. The sales volume was 735,900 units, down 0.77% from the previous month and down 14.31% from the same period last year. Among the main types of automobiles, the production and sales of passenger cars were 524,800 and 610,600, an increase of 7.34% and 4.45% from the previous month, down 13.82% and 7.76% year-on-year; the production and sales of commercial vehicles were 132,000 and 125,300, a decrease of 4.41% from the previous month. 20.21%, down 39.10% and 36.35%.

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