经济聚焦｜从亮眼数据看汽车产业活力释放

Core Viewpoint - The Chinese automotive industry has achieved significant growth in production and sales, with multiple indicators showing double-digit year-on-year increases, while measures to rectify "involution" competition are being implemented effectively [1][2][4]. Group 1: Industry Performance - Total automotive production and sales reached 15.62 million and 15.65 million units, representing year-on-year growth of 12.5% and 11.4% respectively [2]. - New energy vehicle (NEV) production and sales reached 6.968 million and 6.937 million units, with year-on-year growth of 41.4% and 40.3% respectively [2]. - Automotive exports totaled 3.083 million units, showing a year-on-year increase of 10.4%, while NEV exports reached 1.06 million units, up 75.2% [2][9]. Group 2: Market Improvement and Policy Support - The domestic market for automobiles has shown significant improvement, supported by the "old-for-new" vehicle replacement policy, which has led to a cumulative subsidy application exceeding 10 million since its implementation [3][4]. - Domestic sales of automobiles reached 12.57 million units, with a year-on-year increase of 11.7%, and passenger vehicle sales were 10.95 million units, up 13.6% [4]. Group 3: Industry Regulation and Competition - The automotive industry has made progress in addressing "involution" competition, with initiatives launched to regulate data publication and curb false advertising [4]. - Major automotive companies have committed to reducing payment terms to no more than 60 days and enhancing product consistency checks [2][4]. Group 4: Localization and Strategic Transformation - Joint ventures are accelerating their localization strategies, with companies like SAIC-GM achieving significant progress in local R&D and product development [6][7]. - GAC Toyota has successfully launched its first pure electric SUV, benefiting from a comprehensive local engineering system [6]. Group 5: Internationalization and Global Integration - The Chinese automotive industry is increasingly integrating into the global market, with exports covering over 200 countries and regions [8]. - The market share of Chinese brand NEVs in overseas markets has risen from 1.8% in 2021 to 9.5% in 2024, with a further increase to 12.7% in the first five months of this year [9].