Hua Xia Shi Bao·2025-10-14 11:26Core Insights - In September, China's automotive production and sales exceeded 3 million units for the first time, reaching 3.276 million and 3.226 million units respectively, marking a significant milestone in the industry [2][3] - For the first three quarters of the year, cumulative production and sales reached 24.433 million and 24.363 million units, representing year-on-year growth of 13.3% and 12.9% [2][5] - The share of new energy vehicles (NEVs) in total vehicle sales has been steadily increasing, with NEV sales accounting for 46.1% of total new car sales in the first three quarters [2][7] Production and Sales Performance - In September, the production and sales of passenger vehicles reached 2.9 million and 2.859 million units, with year-on-year growth of 15.9% and 13.2% respectively [3][4] - Commercial vehicle production and sales were 376,000 and 368,000 units, showing year-on-year increases of 27.7% and 29.6% [3] - The automotive market has maintained a monthly year-on-year growth rate of over 10% for five consecutive months [3][5] New Energy Vehicles and Exports - NEV production and sales in September were 1.617 million and 1.604 million units, with year-on-year growth of 23.7% and 24.6% [7] - NEVs accounted for 49.7% of total new car sales in September, and 53.7% of domestic sales [7] - In the first three quarters, NEV production and sales exceeded 11.24 million units, with year-on-year growth of 35.2% and 34.9% [7] Market Trends and Consumer Behavior - The automotive market is experiencing a shift towards stable pricing and reduced promotions, with 23 models seeing price reductions in September compared to 36 in the same month last year [5] - The share of Chinese brand passenger vehicles reached 70.2% in September, with sales surpassing 2 million units [6] Export Dynamics - In September, China exported 652,000 vehicles, a year-on-year increase of 21%, with total exports for the first three quarters reaching 4.95 million units [8][9] - NEV exports saw remarkable growth, with 1.758 million units exported in the first three quarters, representing a year-on-year increase of 89.4% [8][9] - Self-owned brands accounted for 59.5% of electric vehicle exports in the first three quarters, with Chery leading in total exports [9][10]