产业运行 | 2025年11月汽车工业产销情况简析

Core Viewpoint - The automotive industry in China shows strong performance in November 2025, with production and sales continuing to grow both month-on-month and year-on-year, driven by favorable policies and robust demand, particularly in the new energy vehicle sector [1]. Production and Sales Overview - In November 2025, total automotive production and sales reached 3.532 million and 3.429 million units, respectively, with month-on-month increases of 5.1% and 3.2%, and year-on-year increases of 2.8% and 3.4% [3]. - For the first eleven months of 2025, total automotive production and sales were 31.231 million and 31.127 million units, reflecting year-on-year growth of 11.9% and 11.4% [6]. Passenger Vehicle Performance - In November 2025, passenger vehicle production and sales were 3.144 million and 3.037 million units, with month-on-month growth of 5% and 2.6%, and year-on-year growth of 1.1% and 1.2% [4]. - From January to November 2025, passenger vehicle production and sales totaled 27.388 million and 27.256 million units, showing year-on-year increases of 12% and 11.5% [5]. New Energy Vehicle Insights - In November 2025, new energy vehicle production and sales reached 1.88 million and 1.823 million units, with year-on-year growth of 20% and 20.6% [7]. - For the first eleven months of 2025, new energy vehicle production and sales were 14.907 million and 14.78 million units, marking year-on-year growth of 31.4% and 31.2% [8]. Commercial Vehicle Trends - In November 2025, commercial vehicle production and sales were 388,000 and 392,000 units, with month-on-month increases of 6.6% and 8.6%, and year-on-year increases of 18.6% and 24.4% [9]. - From January to November 2025, commercial vehicle production and sales totaled 3.843 million and 3.87 million units, reflecting year-on-year growth of 11.6% and 10.4% [10]. Domestic Sales and Exports - In November 2025, domestic automotive sales were 2.701 million units, with a month-on-month increase of 1.7% but a year-on-year decrease of 4.4% [14]. - Automotive exports in November 2025 reached 728,000 units, showing a month-on-month increase of 9.3% and a year-on-year increase of 48.5% [12]. - For the first eleven months of 2025, automotive exports totaled 6.343 million units, reflecting a year-on-year growth of 18.7% [13].