On September 1st, the China Automotive Technology and Research Center released the Chinese automobile production and sales data for August. In August, the country’s auto production was 1,204,200 units, a decrease of 2.74% compared with the previous period and a year-on-year increase of 10.15%. Sales volume was 1,215,500 units, a year-on-year increase of 15.09% and a year-on-year increase of 55.72%. It rebounded strongly after entering the sales trough in July and entered sales in advance. High season. From January to August, the cumulative production and sales volume of China's automobiles were 109.915 million and 945.69 million, respectively, a cumulative increase of 35.45% and 31.53% respectively, and the overall development situation was good.

Among them, passenger vehicle production was 929,600 units, a decrease of 2.06% from the previous period and a year-on-year increase of 12.60%; sales of 977,300 units, a year-on-year increase of 18.85%, an increase of 59.26% year-on-year, an increase of 43.83% from the July increase, and a passenger car garage. The stock has decreased. The auto inventory cycle in August was 57 days, a decrease of 1 day from July, and the monthly growth rate of inventory was curbed. Among them, the passenger car inventory period was reduced from 60 days to 58 days, and the commercial vehicle inventory period was increased from 50 days to 51 days.

Zhao Hang, director of the China Automotive Technology and Research Center, believes that the Chinese auto market has reversed in August and the market performance has been better than expected. The auto market has entered the sales season ahead of schedule. From the sales data of various market segments, the effect of energy-saving vehicle subsidy policies is very obvious, and the market share of cars with 1.6L or lower displacement continues to increase, and the product structure becomes more reasonable.

Zhao Hang said: "At present, the auto manufacturers push new products, a variety of new vehicles listed on the market, consumers continue to expand the choice space; dealers continue to increase prices and promotions, a large range of benefits, a wide range, to stimulate consumer enthusiasm for car purchase; The effect of the energy-saving vehicle subsidy policy has become apparent, and the promotion catalogue has been announced one after another. Coupled with the continuation of many previous favorable policies, it is expected that the passenger vehicle market will continue to perform well in September."