Core Insights - In the first four months of this year, China's automobile production and sales both exceeded 10 million units for the first time in history [1][2][3] Production and Sales Data - Automobile production reached 10.175 million units, a year-on-year increase of 12.9%, while sales totaled 10.06 million units, up 10.8%. The growth rates for production and sales narrowed by 1.6 and 0.4 percentage points respectively compared to January-March [2] - In April, automobile production and sales were 2.619 million and 2.59 million units respectively, representing year-on-year growth of 8.9% and 9.8% [4] Market Trends - The market for passenger vehicles showed a strong performance, with production and sales of 8.765 million and 8.641 million units in the first four months, reflecting year-on-year increases of 14.5% and 12.4% [4] - The market share of domestic passenger vehicle brands rose to 68.7%, an increase of 8.1 percentage points year-on-year, with total sales of 5.94 million units, up 27.4% [5] Electric Vehicle Performance - In April, the production and sales of new energy vehicles (NEVs) were 1.251 million and 1.226 million units, showing year-on-year growth of 43.8% and 44.2%, with a market share of 47.3% [8] - For the first four months, NEV production reached 4.429 million units, a 48.3% increase, while sales were 4.3 million units, up 46.2% [8] Export Trends - Overall, automobile exports in April reached 517,000 units, a month-on-month increase of 2% and a year-on-year increase of 2.6%. For the first four months, exports totaled 1.937 million units, reflecting a year-on-year growth of 6% [8] Future Outlook - According to Huatai Securities, the automotive industry is expected to see a rebound in the second quarter due to the synergy of trade-in policies and the peak sales season [9]

5月12日，中国汽车工业协会发布4月汽车市场数据。4月，汽车产销分别完成261.9万辆和259万辆，环 比分别下降12.9%和11.2%，同比分别增长8.9%和9.8%。1至4月，汽车产销累计完成1017.5万辆和1006 万辆，同比分别增长12.9%和10.8%。 中汽协分析，4月，汽车市场总体表现良好，产销较去年同期实现平稳增长。其中，内需潜力加快释 放，起到较好支撑作用；出口在外部环境急剧变化形势下保持稳定；新能源汽车表现活跃，产销延续快 速增长态势。 4月25日，中央政治局召开会议，分析研究当前经济形势，部署下一步经济工作。会议指出，要不断完 善稳就业稳经济的政策工具箱，与去年9月一揽子增量政策、中央经济工作会议和全国"两会"部署任务 形成接续。中汽协认为，会议释放出的信号将有助于进一步提振汽车内需市场，帮助应对出口负面冲 击，巩固拓展汽车行业稳中向好发展态势。 来源：北京日报客户端 记者：赵语涵 如遇作品内容、版权等问题，请在相关文章刊发之日起30日内与本网联系。版权侵权联系电话：010-85202353 乘用车领域，4月，乘用车产销分别完成225.7万辆和222.3万辆，环比分别下降12.4%和1 ...

Core Insights - In April, China's automotive production and sales reached 2.619 million and 2.59 million units respectively, marking year-on-year increases of 8.9% and 9.8% [1][3] - From January to April, cumulative automotive production and sales hit 10.175 million and 10.06 million units, representing year-on-year growth of 12.9% and 10.8%, achieving a significant milestone of surpassing 10 million units in the same period for the first time [3][5] - The growth is attributed to the accelerated release of domestic demand and stable export performance amid changing external conditions [3][6] Domestic Market Performance - In April, passenger vehicle sales totaled 1.571 million units, a year-on-year increase of 23.5%, with a market share of 70.7% for Chinese brands, regaining above 70% [5][6] - Cumulative passenger vehicle sales from January to April reached 8.641 million units, with Chinese brands selling 5.94 million units, a year-on-year increase of 27.4%, accounting for 68.7% of total passenger vehicle sales [3][5] Commercial Vehicle Performance - From January to April, commercial vehicle production and sales reached 1.41 million and 1.418 million units, with year-on-year growth of 4.1% and 2% respectively [5][6] - In April, commercial vehicle production and sales were 362,000 and 367,000 units, showing year-on-year increases of 1.3% and 2.7% [6] New Energy Vehicles (NEVs) - Cumulative production and sales of NEVs from January to April reached 4.429 million and 4.3 million units, with year-on-year growth of 48.3% and 46.2%, making up 42.7% of total new vehicle sales [6][8] - NEV exports totaled 642,000 units from January to April, a year-on-year increase of 52.6%, while traditional fuel vehicle exports decreased by 7.9% to 1.295 million units [8]