汽车行业2024年4月产销数据跟踪：出口环比继续增长，自主品牌乘用车新能源零售渗透率增至40%

Investment Rating - The investment rating for the automotive industry is maintained as "Positive" [3] Core Insights - In April, the automotive production and sales experienced a seasonal decline but still achieved over 9% year-on-year growth, with production and sales reaching 2.406 million and 2.359 million units respectively, representing a year-on-year increase of 12.8% and 9.3% [8] - Exports continued to grow, with April exports reaching 504,000 units, a year-on-year increase of 34% and a month-on-month increase of 0.4%. Cumulatively, from January to April, exports totaled 1.827 million units, up 33.4% year-on-year [14] - The penetration rate of new energy vehicles (NEVs) reached 36.03% in April, with total production and sales of NEVs at 870,000 and 850,000 units respectively, marking a year-on-year increase of 35.9% and 33.5% [22] Summary by Sections Total Production and Sales - In April, automotive production and sales were 2.406 million and 2.359 million units, respectively, with a year-on-year growth of 12.8% and 9.3%. Cumulatively, from January to April, production and sales reached 9.012 million and 9.079 million units, with year-on-year increases of 7.9% and 10.2% [8][3] Exports - April saw automotive exports of 504,000 units, a year-on-year increase of 34% and a month-on-month increase of 0.4%. From January to April, total exports reached 1.827 million units, up 33.4% year-on-year, with NEVs accounting for 22.6% of total exports [14][3] New Energy Vehicles - In April, NEV production and sales were 870,000 and 850,000 units, respectively, with a year-on-year increase of 35.9% and 33.5%. The penetration rate of NEVs reached 36.03%, with a cumulative production and sales of 2.985 million and 2.94 million units from January to April, reflecting a year-on-year growth of 30.3% and 32.3% [22][3]