October 2010 National Passenger Car Sales Data

In October, the nationwide sales and sales volume of general passenger vehicles was 1,203,200, an increase of 26.6% compared with the same period of last year and 0.9% lower than that in September of this year; domestic sales volume was 159,300, which was a year-on-year increase of 25.3% and a month-on-month decrease of 0.9%. Among them, the sales volume of narrow passenger vehicles reached 1.020 million, an increase of 28.8% year-on-year, and a decrease of 2.6% from the previous period; domestic sales of 959,100 vehicles, an increase of 27.1% year-on-year, and a decrease of 2.6% from the previous quarter. In October, Shanghai General Motors won the championship with sales of 100,833 units. In second and third place, Shanghai Volkswagen and FAW-Volkswagen sold 92,100 vehicles respectively. 79,481 vehicles.

In October, the sales volume of passenger car wholesale sales in October was negative due to the normal fluctuations in the Chinese auto market, which was a positive year-on-year increase, and the rate of increase was still relatively high. This was due to the purchase tax concessions for passenger vehicles with 1.6 liters or less for cars in the countryside. And the old-for-new policy will expire soon at the end of the year. The wave of the last train of policies has already started in September and the monthly heat will heat up until the end of the year. In addition, the government, enterprises and institutions, the purchase of vehicles indicators, the efficiency of the company's car purchase plan is good, the end of the year do not buy a car, you have to re-apply next year, so October is still official car assault purchase start-up period. Vehicles sold during the golden week, because they are all terminal sales, are not statistically reflected from the number of wholesales. Therefore, the number of weekly reports in the first week is relatively low, but in the weekly reports in the following weeks, the wholesale volume of manufacturers is higher. This is The characteristics of the passenger car weekly (Wholesale) data in October each year.

In October 2010, the sales and sales volume of narrow passenger car manufacturers ranked top 10 in Shanghai GM, Shanghai Volkswagen, FAW-Volkswagen, Beijing Hyundai, Chery Automobile, Dongfeng Nissan, BYD, FAW Toyota, Geely Automobile and Changan Ford Mazda. The order was: 100,833 vehicles, 92,100 vehicles, 79,481 vehicles, 59,287 vehicles, 59,263 vehicles, 52,216 vehicles, 40,578 vehicles, 39,872 vehicles, 38,988 vehicles, and 36,640 vehicles. The top ten companies for sales of general passenger vehicles are: Shanghai GM, Shanghai Volkswagen, SAIC-GM-Wuling, Changan Automobile, FAW-Volkswagen, Chery Automobile, Beijing Hyundai, Dongfeng Nissan, BYD, and FAW Toyota.

The November passenger car market estimated that there were 22 working days in November, one day more than the same period of last year and five days more than in October. This was very favorable for the year-on-year and quarter-on-quarter growth. In addition, there was no statutory holiday in November and it was only natural that the sales volume was higher. The last bus of the three preferential policies will further heat up in November, and it will be the peak period for bus purchase. It is also the start of the peak of private car purchase at the end of the year and the beginning of the year. Therefore, the market conditions of passenger cars in November are more optimistic. In particular, in November, the sales force of production enterprises will reach the highest level, and the sales volume of manufacturers’ possessions will be higher in the same period of last year. Therefore, the year-on-year and month-on-month growth rates in November will certainly remain higher, so that the wholesale sales of cars in the whole year of 2010 will exceed 17.5 million. The vehicle has basically no problem. With the number of exports and the number of imports removed, China's domestic automobile market will exceed 17.7 million vehicles this year.