From the CLUCC, it was learned that retail sales in the passenger vehicle market reached 1.45 million units in February, a year-on-year increase of 0% and a month-on-month decrease of 35%, basically in line with expectations. In February, the year-on-year retail growth of cars and SUVs was around 1%, but MPV retail sales still fell 17% year-on-year. Overall, the accumulated retail growth rate in January-February 18 reached 5%, which was a significant improvement over the negative growth of 2% in January-February of 17 years.
Automobile Group and Business Trends
In 1st and 18th, the auto market grew relatively stable
In January-February 2018, the total sales of automobiles were 4,526,600 units, with an accumulative growth rate of 1.5%. In the January-February period, the total sales of automobiles were 1,717,600 units, an increase of -11.4% year-on-year and an increase of -38.9%. In the January-February 18 period, the overall sales of the auto market reached 4.53 million units, a year-on-year increase of 1.5%, and the trend was relatively unsatisfactory. Taking into account the strong trend of automobile wholesale from February to March in 17 years, and then entering a lower growth range, this year's January to February is still in the reasonable range of low growth rates.
Chart: Comparison of monthly sales trends of auto companies
The advantages of the major automobile companies in the near future are still relatively obvious. In February, Wuling and Geely experienced strong growth, while FAW-Volkswagen and Shanghai GM were relatively stable.
This month, from the perspective of the group, the top 10 car companies occupy six seats in the six groups, which is consistent from last month. There are obvious differentiations among car companies. There are 4 SAIC, 2 Dongfeng, and 2 FAW. Beiqi does not have, Great Wall and Geely return. SAIC is the main company; Dongfeng's Dongfeng Nissan and Dongfeng Motor Co., Ltd., FAW-Volkswagen, Chang'an is Chang'an Automobile; Beijing Automobile has no Beijing Hyundai this month. Geely, an independent car company, is very strong this month. Domestic-funded enterprises have Dongfeng Motor, Chang'an, Geely, and Great Wall Motor enter the top 10.
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