Say goodbye to the few auto growth markets in 2017. In the first month after the holidays, auto production and sales data were disclosed and the performance results were not optimistic.

On March 9, China Automobile Association held a press conference to announce the production and sales of China's auto industry in February.

According to data, in February, China's auto production and sales completed 1,705,700 vehicles and 1,717,600 vehicles, respectively, a decrease of 36.55% and 38.86% from the previous quarter respectively, and a year-on-year decrease of 20.82% and 11.12% respectively.

With the decline in production and sales, the passenger car market is even worse. In February, the total passenger vehicle production was 1,439,200 units, a decrease of 38.24% month-on-month and a decrease of 22.10% year-on-year; total sales were 1,475,500 units, a month-on-month decrease of 39.93% and a year-on-year decrease of 9.63%.

In this regard, at the press conference, the Deputy Secretary-General of the China Association of Automobile Manufacturers, Jian Jianhua, said that the decline in the overall production and sales volume of the auto market in February is a normal phenomenon, which means that China's auto market has entered a state of slow growth. “It is very difficult to develop the automotive industry under the premise of quality assurance. The biggest reason is that some products are not accepted by the market and consumers, and automakers will face greater competitive pressure. The decline in production and sales volume is not a bad thing. Objectively, it is in line with the industry. High quality development requirements."

Not surprisingly, new energy has risen year-on-year, both in terms of output and sales volume, and it has outperformed the February auto market. In February, the production and sales of new energy vehicles were 39,230 and 34,420, respectively, an increase of 119.1% and 95.2% respectively year-on-year. The production and sales of pure electric vehicles completed 28,872 vehicles and 23,458 vehicles, respectively, an increase of 89.4% and 68.4% year-on-year respectively; the production and sales of plug-in hybrid vehicles completed 10,358 vehicles and 10,962 vehicles, respectively, an increase of 288.4% and 196.4% respectively.

"At the same time that the country puts forward energy-saving and environmental protection requirements, the increase in output is facing greater pressure, and the halving of purchase tax is also one of the factors that affect the entire automobile industry's forward development," said Shi Jianhua.

It can be seen that in 2018, the growth momentum of new energy vehicles has shifted from the purchase of purchase restrictions and subsidy policies to the market pull. Restricted purchases of city licenses reached their peaks. If the policies for subsidy were also withdrawn in a large area, the support policies for non-linear exit exceeded expectations, and the significant structural retreat of the policies also required the effective follow-up and balance of other policies.

From the perspective of market segments, the production and sales in the four major market segments in February all showed a downward trend compared with the same period last year.

Among them, in terms of cars, production and sales in February were 652,700 and 677,700, respectively, a decrease of 40.45% and 41.58% from the previous quarter and a year-on-year decrease of 26.02% and 12% respectively. From January to February, the total production and sales of cars were 1,748,800 units respectively. And 1,835,700 vehicles, down 6.58% and 0.74% respectively.

SUVs, production and sales in February were 640,470 and 651,300, respectively, a decrease of 37.33% and 39.86%, a decrease of 15.01% and 3.14% year-on-year, respectively; from January to February, the total production and sales of SUVs were 1.733 million and 173.44, respectively. Ten thousand vehicles, a year-on-year increase of 4.45% and 11.63% respectively.

In terms of MPV, production and sales in February were 117,400 units and 121,500 units respectively, a decrease of 33.31% and 31.94% from the previous quarter and a year-on-year decrease of 29.43% and 17.86%. From January to February, the total production and sales volume of MPVs was 293,400 units and 30.01 respectively. Millions of vehicles, down 16.64% and 15.26% year-on-year respectively.

In terms of cross-passenger passenger cars, the production and sales volume in February was 24,000 and 25,700 respectively, a decrease of 17.99% and 28.18% compared with the same period in the previous quarter, which was a year-on-year decrease of 39.37% and 40.34%; January-February, total production and sales of cross-over passenger cars The volume was 54,300 vehicles and 61,400 vehicles, respectively, down 41.86% and 34.72% year-on-year respectively.

Judging from the breakdown, the German, Japanese, U.S., Korean, and French passenger cars sold 294,400, 227,400, 167,750, 57,100 and 19,400 vehicles respectively, which accounted for the sales of passenger cars respectively. The total amount was 19.95%, 15.41%, 11.35%, 3.87%, and 1.32%. Compared with the previous month, the sales of the above-mentioned foreign brands all showed a significant decline, and passenger cars in the legal system saw a faster decline.

The self-owned brands still have strong momentum. In January-February, China's branded passenger vehicles sold a total of 1.677 million units, an increase of 0.25% year-on-year, accounting for 44.97% of the total sales of passenger cars, and the occupancy rate decreased by 0.82 percentage points from the same period of last year.

In terms of rankings, in February, the top ten companies in terms of overall automobile sales volume were: SAIC, Dongfeng, FAW, Chang'an, BAIC, GAC, Geely, Great Wall, Brilliance and Chery. Compared with the previous month, sales of these ten companies have all declined rapidly, among which FAW, Great Wall, and Guangzhou Automobile are among the top decliners.

Among them, the top 15 automakers were: SAIC, Geely, Chang'an, Dongfeng, Great Wall, Beijing Automotive, FAW, GAC, JAC, Chery, BYD, CNHTC, Jiangnan, Brilliance, and Southeast; before sales of Chinese brand passenger vehicles The fifteen enterprise groups were: SAIC, Geely, Chang'an, Dongfeng, Great Wall, Guangzhou Automobile, Beijing Automotive, Chery, BYD, Jiangnan, Brilliance, FAW, Jianghuai, Southeast, and Changfeng; the top 15 commercial vehicle brands sold by Chinese brands were in turn For: Dongfeng, SAIC, FAW, Chang'an, JAC, BAIC, CNHTC, Shaanxi Auto, Great Wall, Lifan, Brilliance, Chengdu Universiade, Tang Jun, European Bell, Jinlong Group, Zhejiang UFO.