长安汽车2025年销售汽车291.3万辆，同比增长8.54%

Core Insights - Changan Automobile reported a total sales volume of 2,913,042 vehicles for the year 2025, representing an 8.54% increase compared to 2,683,798 vehicles in the previous year [2] - The company achieved a total production volume of 2,766,302 vehicles, which is a 5.36% increase from 2,625,658 vehicles year-on-year [2] - The overseas sales reached 637,280 vehicles, indicating a stable performance in international markets [2] Monthly Performance - In December 2025, Changan's production was 257,306 vehicles, down 18.97% from 317,547 vehicles in December 2024 [3] - The sales for December 2025 were 254,843 vehicles, showing a slight increase of 1.66% compared to 250,689 vehicles in the same month last year [3] Segment Analysis - The self-owned brand segment produced 215,036 vehicles in December 2025, a decrease of 19.78% from 268,054 vehicles year-on-year, while sales increased by 4.46% to 207,766 vehicles from 198,893 vehicles [3] - For the entire year, the self-owned brand production reached 2,321,152 vehicles, up 7.06% from 2,168,162 vehicles, and sales increased by 10.86% to 2,468,197 vehicles from 2,226,489 vehicles [3] New Energy Vehicles (NEVs) - The NEV segment showed remarkable growth, with December 2025 production at 130,711 vehicles, a 19.08% increase from 109,770 vehicles year-on-year, and sales rising by 26.02% to 115,088 vehicles from 91,325 vehicles [4] - For the full year, NEV production surged to 1,118,022 vehicles, a 53.73% increase from 727,259 vehicles, and sales reached 1,109,979 vehicles, up 51.1% from 734,615 vehicles [4] - The total revenue from these sales is approximately 286 billion yuan, highlighting the synergy between traditional fuel vehicles and NEVs, as well as the ongoing expansion in overseas markets [4]