前9月商用车销312万辆重卡超82万新能源出口增1.5倍

Core Viewpoint - The automotive market in China is experiencing steady growth, supported by proactive macroeconomic policies and a focus on domestic circulation, with significant increases in production and sales across various vehicle categories [1][31]. Production and Sales Data - In September 2025, China's automotive production and sales reached 3.276 million and 3.226 million units, respectively, marking a month-on-month increase of 16.4% and 12.9%, and a year-on-year increase of 17.1% and 14.9% [2]. - From January to September 2025, cumulative production and sales totaled 24.333 million and 24.363 million units, reflecting year-on-year growth of 13.3% and 12.9% [2]. Commercial Vehicle Performance - In September, commercial vehicle sales approached 370,000 units, showing a year-on-year increase of 30% [3]. - Commercial vehicle production and sales in September were 376,000 and 368,000 units, with month-on-month increases of 19.3% and 16.3%, and year-on-year increases of 27.7% and 29.6% [4]. - For the first nine months of 2025, commercial vehicle production and sales reached 3.091 million and 3.117 million units, with year-on-year growth of 9.4% and 7.8% [6]. Truck Sales Insights - In September, truck production and sales were 322,000 and 312,000 units, with month-on-month increases of 19.1% and 14.9%, and year-on-year increases of 28.9% [8]. - Heavy-duty truck sales reached 106,000 units in September, with a month-on-month increase of 15.2% and a year-on-year increase of 82.9% [8]. Passenger Vehicle Trends - In September, passenger vehicle production and sales were 54,000 and 56,000 units, with month-on-month increases of 20.5% and 25%, and year-on-year increases of 21.2% and 33.7% [13]. - For the first nine months of 2025, passenger vehicle production and sales totaled 405,000 and 407,000 units, with year-on-year growth of 12.6% and 12.7% [18]. Export Performance - In September, commercial vehicle exports reached 93,000 units, with a month-on-month increase of 18% and a year-on-year increase of 13.3% [24]. - For the first nine months of 2025, commercial vehicle exports totaled 748,000 units, reflecting a year-on-year increase of 10.2% [26]. New Energy Vehicle Developments - In September, new energy commercial vehicle domestic sales were 83,000 units, with a month-on-month increase of 26.2% and a year-on-year increase of 71.9% [27]. - For the first nine months of 2025, new energy commercial vehicle domestic sales reached 566,000 units, marking a year-on-year growth of 61.4% [27]. Industry Outlook - The China Automotive Industry Association indicates that policies such as vehicle trade-in programs are positively impacting the market, with sustained monthly year-on-year growth rates exceeding 10% for five consecutive months [31]. - The Ministry of Industry and Information Technology, along with other departments, has issued a plan to stabilize growth in the automotive industry, outlining 15 measures to enhance domestic consumption and improve supply quality [31].