Mei Ri Jing Ji Xin Wen·2025-09-11 12:05Core Insights - In the first eight months of 2025, China's automobile production and sales both exceeded 20 million units for the first time, reaching 21.05 million and 21.128 million respectively, with year-on-year growth of 12.7% and 12.6% [1] - In August, automobile production and sales were 2.815 million and 2.857 million respectively, showing year-on-year increases of 13% and 16.4% [1] Group 1: Fuel Vehicle Market - In August, domestic sales of fuel vehicles reached 1.074 million units, with a month-on-month increase of 9.5% and a year-on-year increase of 12.9%, marking three consecutive months of growth [2] - From January to August, domestic sales of fuel vehicles totaled 8.747 million units, a slight year-on-year decline of 0.3% [2] - The passenger car market showed strong performance in August, with production and sales of 2.5 million units each, reflecting year-on-year growth of 12.5% and 16.5% [2] Group 2: Domestic Brand Performance - In August, domestic brands accounted for 69.5% of passenger car sales, with a year-on-year increase of 2.6 percentage points, selling 1.766 million units, a growth of 21% [4] - From January to August, domestic brands sold 12.642 million passenger cars, achieving a year-on-year growth of 23.8% and a market share of 68.8%, up 5.6 percentage points from the previous year [4] Group 3: Commercial Vehicle Market - The commercial vehicle market showed significant recovery in August, with production and sales reaching 315,000 units, both showing year-on-year growth of approximately 16% [4] - From January to August, commercial vehicle production and sales totaled 2.713 million and 2.744 million units respectively, with year-on-year growth of 7.1% and 5.2% [4] Group 4: New Energy Vehicles (NEVs) - In August, NEV production and sales reached 1.391 million and 1.395 million units respectively, with year-on-year growth of 27.4% and 26.8%, maintaining a market share of 52.2% [5] - From January to August, NEV production and sales totaled 9.625 million and 9.62 million units, with year-on-year growth of 37.3% and 36.7% [8] - The top three NEV manufacturers, BYD, Geely, and SAIC, accounted for 51.2% of the market share [8] Group 5: Export Performance - From January to August, China exported 4.292 million vehicles, a year-on-year increase of 13.7%, with NEV exports reaching 1.532 million units, up 87.3% [8] - The export of plug-in hybrid vehicles saw significant growth, with 556,000 units exported, a year-on-year increase of 220% [9] - BYD's export volume reached 634,000 units, marking a year-on-year increase of 130% [9]