The production and sales of Chinese cars in January fell in double digits

The output of Chinese cars in January decreased by 34.3%year -on -year, sales decreased by 35%, and car exports increased by 30.1%year -on -year.NotAccording to the data released by the China Automobile Industry Association website on Friday (February 10), the Chinese automobile market performed plainly in January, with monthly production and sales of automobiles and 1.649 million vehicles, respectively, decreased by 33.1%and 35.5%respectively.NotAccording to the analysis of the Auto Association, the reason for the decline in automobile production and sales in January was the withdrawal policy of traditional fuel vehicles purchase tax preferential policies and new energy vehicle subsidies.Factors affect the need for consumers' overdrafts in advance.NotCompared with the Spring Festival of 2022 (February), the production and sales of automobiles in January this year also decreased by 12.1%and 5.1%, respectively.NotIn terms of energy vehicles, the China Automobile Association data shows that the output of new energy vehicles in January was 425,000 units, with sales of 408,000 units, a decrease of 46.6%and 49.9%, respectively, and a year -on -year decrease of 6.9%and 6.3%. The market penetration rate was 24.7.%.NotAmong the top ten corporate groups in automobile sales, BYD's sales growth rate was the highest, an increase of 58.3%year -on -year.Chery and Tesla increased by 16.8%and 10.4%year -on -year.Other companies in the top ten declined to varying degrees, of which Dongfeng Automobile's sales decreased the largest, a year -on -year decrease of 63.5%, and Shanghai Automobile Group was second, a year -on -year decrease of 48.3%.NotIn terms of exports, in January, automobile companies exported 301,000 units, an increase of 30.1%year -on -year.Among them, 83,000 new energy vehicles were exported, a year -on -year increase of 48.2%.NotAmong the top ten companies in the vehicle exports, SAIC exports is the largest, reaching 69,000 units, an increase of 25.7%year -on -year.BYD ’s exports have increased the largest and increased by more than 24 times year -on -year.