| 产品类别 | | | 产量(辆) | | 去年同期 | 同比 | | | 销量(辆) | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本月 | 去年同期 | 同比变动 | 本年累计 | | | 本月 | 去年同期 | 同比变动 | 本年累计 | 去年同期 | 同比 | | | | | | | 累计 | 变动 | | | | | 累计 | 变动 | | 长安汽车 | 257,306 | 317,547 | -18.97% | 2,766,302 | 2,625,658 | 5.36% | 254,843 | 250,689 | 1.66% | 2,913,042 | 2,683,798 | 8.54% | | 其中: | | | | | | | | | | | | | | 自主品牌 | 215,036 | 268,054 | -19.78% | 2,321,152 | 2,168,162 | 7.06% | 207,766 | 198,893 | 4.46% | 2,468 ...

12月15日，中国汽车工业协会发布2025年11月乘用车产销情况简析。2025年11月，乘用车产销分别完成314.4万辆和303.7万 辆，环比分别增长5%和2.6%，同比分别增长1.1%和1.2%。据中国汽车工业协会分析，11月，企业生产供给端继续保持较快 节奏，乘用车销量环比同比在高基数基础上均实现增长。由于多地"两新"政策已暂停，近两个月终端市场销量表现一般， 行业十分期待明年政策方向能够尽快明确。 2025年1-11月，乘用车出口539.7万辆，同比增长19.4%。 2025年11月，在乘用车主要品种中，与上月相比，基本型乘用车(轿车)和运动型多用途乘用车(SUV)产销呈不同程度增长， 多功能乘用车(MPV)产量小幅增长、销量小幅下降，交叉型乘用车产量明显下降、销量呈两位数增长；与去年同期相比， 基本型乘用车(轿车)和运动型多用途乘用车(SUV)产销呈小幅增长，多功能乘用车(MPV)和交叉型乘用车产销呈不同程度下 降。 2025年11月，乘用车国内销量241.4万辆，环比增长1%，同比下降6.5%。 2025年1-11月，在乘用车主要品种中，与去年同期相比，四大类乘用车品种产销均呈不同程度增长，其中交 ...

● 龚梦泽熊永红 12月11日，中国汽车工业协会发布2025年11月汽车工业产销数据，当月我国汽车产销延续良好增长态 势，月产量首次突破350万辆，出口量首超70万辆，在高基数基础上实现同比环比双增长。具体而言， 11月汽车产销分别完成353.2万辆和342.9万辆，环比分别增长5.1%和3.2%，同比分别增长2.8%和3.4%； 前11个月，汽车产销累计完成3123.1万辆和3112.7万辆，同比分别增长11.9%和11.4%，为全年产销再创 历史新高奠定坚实基础。 中汽协副秘书长陈士华表示，11月企业抢抓政策窗口期，生产供给保持较快节奏，乘用车市场运行平 稳，商用车市场持续向好，新能源汽车表现强劲，汽车出口成为拉动市场增长的核心动力，预计全年汽 车产销量将实现"十四五"圆满收官，出口量有望冲破700万辆大关。 产销结构持续优化 作为汽车市场的主力军，我国乘用车11月产销保持平稳增长，为整体市场提供稳定支撑。数据显示，11 月乘用车产销分别完成314.4万辆和303.7万辆，环比分别增长5%和2.6%，同比分别增长1.1%和1.2%。 前11个月，乘用车产销累计完成2738.8万辆和2725.6万辆，同比分 ...

上海汽车集团股份有限公司2025年11月份产销快报 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：600104 证券简称：上汽集团 公告编号：临 2025－051 上海汽车集团股份有限公司2025年11月份产销快报数据如下： 注 3：其他主要含上海申沃客车有限公司、上汽红岩汽车有限公司、南京依维柯汽车有限公司等。 上海汽车集团股份有限公司 董事会 2025年12月2日 1 | | | | | 产 量（辆） | | | | | 销 | 量（辆） | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 单 位 | 本月数 | 去年 | 月度 | 本年 | 去年 | 累计 | 本月数 | 去年 | 月度 | 本年 | 去年 | 累计 | | | | 同期 | 同比 | 累计 | 累计 | 同比 | | 同期 | 同比 | 累计 | 累计 | 同比 | | 上汽大众 汽车有限公司 | 96,795 | 13 ...

Core Insights - The automotive industry in China is experiencing a robust growth trend, with significant production and sales figures reported for October 2025 [1] - The market is benefiting from new product launches and steady progress in industry governance, contributing to a favorable development atmosphere [1] Production and Sales Performance - In October 2025, automotive production reached 3.359 million units, while sales totaled 3.322 million units, reflecting month-on-month increases of 2.5% and 3% respectively [1] - Year-on-year comparisons show production and sales growth of 12.1% and 8.8% respectively for the same month [1] Year-to-Date Performance - From January to October 2025, total automotive production and sales amounted to 27.692 million units and 27.687 million units, marking year-on-year growth of 13.2% and 12.4% respectively [1]

Core Viewpoint - The automotive market in China is experiencing robust growth, with significant increases in production and sales across various segments, including passenger vehicles, commercial vehicles, and new energy vehicles, driven by new product launches and policy adjustments [1][3][4]. Production and Sales Data - In October 2025, automotive production and sales reached 3.359 million and 3.322 million units, respectively, marking a month-on-month increase of 2.5% and 3%, and a year-on-year increase of 12.1% and 8.8% [3]. - From January to October 2025, total automotive production and sales were 27.692 million and 27.687 million units, reflecting year-on-year growth of 13.2% and 12.4% [4]. Passenger Vehicle Segment - In October 2025, passenger vehicle production and sales were 2.995 million and 2.961 million units, with month-on-month increases of 3.3% and 3.6%, and year-on-year increases of 10.7% and 7.5% [6]. - For the first ten months of 2025, passenger vehicle production and sales totaled 24.237 million and 24.209 million units, showing year-on-year growth of 13.5% and 12.9% [7]. Commercial Vehicle Segment - In October 2025, commercial vehicle production and sales were 364,000 and 361,000 units, with month-on-month declines of 3.3% and 1.9%, but year-on-year increases of 25.4% and 21% [9]. - From January to October 2025, commercial vehicle production and sales reached 3.456 million and 3.479 million units, with year-on-year growth of 10.9% and 9% [11]. New Energy Vehicle Segment - In October 2025, new energy vehicle production and sales were 1.772 million and 1.715 million units, reflecting year-on-year growth of 21.1% and 20% [10]. - For the first ten months of 2025, new energy vehicle production and sales totaled 13.015 million and 12.943 million units, with year-on-year increases of 33.1% and 32.7% [10]. Export Data - In October 2025, automotive exports reached 666,000 units, with a month-on-month increase of 2.1% and a year-on-year increase of 22.9% [12]. - From January to October 2025, total automotive exports were 5.616 million units, showing a year-on-year growth of 15.7% [13]. Domestic Sales - In October 2025, domestic automotive sales were 2.657 million units, with month-on-month growth of 3.2% and year-on-year growth of 5.8% [14]. - For the first ten months of 2025, domestic sales totaled 22.072 million units, reflecting a year-on-year increase of 11.7% [14].

Core Insights - The latest data from the China Association of Automobile Manufacturers (CAAM) indicates that in October 2025, China's automobile production and sales reached 3.359 million and 3.322 million units respectively, marking a month-on-month increase of 2.5% and 3%, and a year-on-year increase of 12.1% and 8.8%, achieving a record high for the same period [1] - From January to October 2025, China's automobile production and sales totaled 27.692 million and 27.687 million units, reflecting a year-on-year growth of 13.2% and 12.4%, with production and sales growth rates narrowing by 0.1 percentage points and 0.5 percentage points compared to the first nine months of the year [1] - CAAM forecasts that the total automobile sales in China for the entire year of 2025 are expected to exceed 34 million units [1]

Group 1 - The core viewpoint of the article highlights the growth in China's automotive industry, with significant increases in production and sales figures for both the month of October and the year-to-date period [1][2] Group 2 - In October, the production and sales of automobiles reached 3.359 million and 3.322 million units, respectively, showing a month-on-month increase of 2.5% and 3%, and a year-on-year increase of 12.1% and 8.8% [1] - From January to October, the total production and sales of automobiles were 27.692 million and 27.687 million units, reflecting a year-on-year growth of 13.2% and 12.4% [1] Group 3 - In terms of exports, from January to October, 5.616 million vehicles were exported, marking a year-on-year increase of 15.7%, with over 2 million of these being new energy vehicles [2] - The passenger car market showed steady growth, with production and sales in October reaching 2.995 million and 2.961 million units, respectively, which is a year-on-year increase of 10.7% and 7.5% [2] - For the year-to-date period, passenger car production and sales totaled 24.237 million and 24.209 million units, with year-on-year growth of 13.5% and 12.9% [2]

Core Viewpoint - The automotive industry in China is experiencing robust growth, with significant increases in production and sales, particularly in the passenger vehicle and new energy vehicle (NEV) segments, as companies capitalize on the end-of-year policy transition window [1][10][11]. Group 1: Overall Automotive Production and Sales - In October, automotive production and sales reached 3.359 million and 3.322 million units, respectively, with month-on-month increases of 2.5% and 3%, and year-on-year increases of 12.1% and 8.8% [11]. - From January to October, total automotive production and sales were 27.692 million and 27.687 million units, reflecting year-on-year growth of 13.2% and 12.4% [11]. Group 2: Domestic Sales Performance - In October, domestic automotive sales were 2.657 million units, with a month-on-month increase of 3.2% and a year-on-year increase of 5.8% [12]. - For the first ten months, domestic sales totaled 22.072 million units, marking an 11.7% year-on-year increase [12]. Group 3: Export Trends - In October, automotive exports reached 666,000 units, with a month-on-month increase of 2.1% and a year-on-year increase of 22.9% [17]. - From January to October, total automotive exports were 5.616 million units, reflecting a year-on-year growth of 15.7% [17]. Group 4: Passenger Vehicle Market - In October, passenger vehicle production and sales were 2.995 million and 2.961 million units, respectively, with month-on-month increases of 3.3% and 3.6%, and year-on-year increases of 10.7% and 7.5% [23]. - For the first ten months, passenger vehicle production and sales reached 24.237 million and 24.209 million units, with year-on-year growth of 13.5% and 12.9% [23]. Group 5: New Energy Vehicles (NEVs) - In October, NEV production and sales were 177.2 million and 286.6 million units, respectively, with year-on-year growth of 21.1% and 20% [57]. - From January to October, NEV production and sales totaled 13.015 million and 12.943 million units, reflecting year-on-year growth of 33.1% and 32.7% [57]. Group 6: Key Enterprises Performance - The top fifteen automotive groups sold a total of 25.582 million units from January to October, with a year-on-year increase of 12.5%, accounting for 92.4% of total automotive sales [76]. - BYD, SAIC, and Geely were among the top three companies, with respective sales of 370.2 thousand, 355.1 thousand, and 292.6 thousand units in October [76].

Core Viewpoint - Dongfeng Motor Corporation reported a significant decline in both production and sales figures for October, with total vehicle production at 6,536 units, down 28.5% from 9,088 units in the same month last year, and total sales at 7,336 units, down 33.5% from 11,032 units year-on-year [1][2]. Production and Sales Data - Total vehicle production in October was 6,536 units, compared to 9,088 units in the same month last year, reflecting a decrease of 28.5% [1][2]. - Total vehicle sales for October were 7,336 units, down from 11,032 units in the same month last year, marking a decline of 33.5% [1][2]. - The production of light commercial vehicles was 6,016 units, down 28.0% year-on-year, while sales were 6,805 units, down 31.5% [2]. - The sales of passenger cars were particularly low, with only 397 units sold in October, a decrease of 57.3% compared to 930 units sold in the same month last year [2]. Financial Performance - For the first three quarters of the year, the company reported a revenue of 7.01 billion yuan, a decrease of 12.1% year-on-year [3][4]. - The company turned a profit with a net income of 1.02 billion yuan, recovering from a loss of 115 million yuan in the same period last year [3][4]. - The net cash flow from operating activities was -258 million yuan, an improvement from -2.31 billion yuan in the previous year [3][4]. Non-Recurring Gains - Non-recurring gains for the first three quarters totaled 304 million yuan, with government subsidies accounting for the largest portion at 249 million yuan [5][6]. - The company has experienced a continuous decline in revenue for three consecutive quarters, indicating ongoing operational challenges [6][7]. Quarterly Revenue Trends - The company’s quarterly revenues showed a downward trend: 2.63 billion yuan in Q1, 2.40 billion yuan in Q2, and 1.98 billion yuan in Q3, with year-on-year declines of 20.03%, 4.32%, and 9.22% respectively [7][8].