Group 1: Overall Market Performance - In April, the retail sales of passenger cars in China reached 1.755 million units, a year-on-year increase of 14.5%, but a month-on-month decrease of 9.4% [1] - From January to April, cumulative retail sales totaled 6.872 million units, reflecting a year-on-year growth of 7.9% [1] - The strong performance in April is attributed to the early implementation of the "trade-in" policy and substantial subsidies, leading to the second-highest retail volume for April since 2018 [1] Group 2: Brand Performance - In April, retail sales of domestic brands reached 1.15 million units, marking a year-on-year increase of 31%, although it saw a month-on-month decline of 5% [1] - Domestic brands accounted for 64% of the retail market share from January to April, an increase of 7.9 percentage points compared to the same period last year [1] - Leading domestic automakers such as BYD, Geely, Chery, and Changan have shown significant market share growth [1] Group 3: New Energy Vehicle (NEV) Market - In April, retail sales of new energy passenger vehicles reached 905,000 units, a year-on-year increase of 33.9%, with a month-on-month decrease of 8.7% [2] - The cumulative retail sales of new energy vehicles from January to April reached 3.324 million units, reflecting a year-on-year growth of 35.7% [2] - The penetration rate of new energy vehicles in the domestic market reached 51.5% in April, an increase of 7 percentage points year-on-year [2] Group 4: Export Performance - In April, the export of passenger vehicles totaled 423,000 units, a year-on-year decrease of 2%, but a month-on-month increase of 7% [2] - The export of new energy passenger vehicles reached 189,000 units in April, a year-on-year increase of 44.2% and a month-on-month increase of 31.6% [2] - New energy vehicles accounted for 44.6% of total passenger vehicle exports, an increase of 14 percentage points compared to the same period last year [2] Group 5: Market Supply and New Models - The market supply has been enriched by the launch of new models from various automakers, including NIO, Zeekr, and Leap Motor [2] - Several new models were showcased at the Shanghai Auto Show, with NIO's second brand, Lada, planning to deliver its new model L90 in the third quarter [2] - Geely and Li Auto have also introduced new models with promotional offers to stimulate consumer interest [3]
4月全国乘用车市场零售量同比增长14.5%
Zhong Guo Zheng Quan Bao·2025-05-11 21:10