中汽协：10月商用车产销分别完成36.4万辆和36.1万辆 同比分别增长25.4%和21%

Core Insights - In October 2025, the production and sales of commercial vehicles showed a month-on-month decline for both buses and trucks, while year-on-year comparisons indicated growth for both categories [1][4][7] Group 1: Commercial Vehicle Overview - In October 2025, commercial vehicle production and sales reached 364,000 units and 361,000 units, respectively, representing a month-on-month decrease of 3.3% and 1.9%, but a year-on-year increase of 25.4% and 21% [1] - From January to October 2025, the total production and sales of commercial vehicles were 3.456 million units and 3.479 million units, reflecting a year-on-year growth of 10.9% and 9% [1] Group 2: Bus Segment - In October 2025, bus production and sales both totaled 50,000 units, with month-on-month declines of 8.8% and 11.2%, while year-on-year growth was recorded at 13.3% and 15% [4] - Within the bus segment, medium buses experienced double-digit growth month-on-month, while other categories saw varying degrees of decline [4] - For the January to October 2025 period, bus production and sales reached 454,000 units and 457,000 units, with year-on-year increases of 12.7% and 13% [4] Group 3: Truck Segment - In October 2025, truck production and sales were 314,000 units and 311,000 units, showing month-on-month declines of 2.3% and 0.3%, but year-on-year increases of 27.6% and 22.1% [7] - Among truck types, heavy and light trucks saw varying degrees of growth, while medium trucks experienced a slight production decline but a double-digit sales increase; micro trucks showed different levels of decline [7] - From January to October 2025, truck production and sales totaled 3.001 million units and 3.022 million units, with year-on-year growth of 10.6% and 8.5% [7]