On January 11, the Federation of passenger cars released data showing that in December 2021, the retail sales of the passenger car market reached 2.015 million, a year-on-year decrease of 7.9% and a month on month increase of 15.9%. The overall strength of retail sales was obvious. From January to December 2021, the total retail sales of passenger cars reached 2014.6 million, with a year-on-year increase of 4.4% and a decrease of 1.7% compared with the growth rate from January to November. Among them, new energy vehicles contributed 9% to the year-on-year growth of passenger cars, becoming a new increment of passenger cars.
In December, 2.466 million passenger cars were produced, with a year-on-year increase of 7.2% and a month on month increase of 10.6%. Among them, the production of luxury brands increased by 20% year-on-year and 18% month on month; The production of joint venture brands decreased by 1% year-on-year and increased by 11% month on month; The production of independent brands increased by 13% year-on-year and 8% month on month. From January to December, a total of 20.951 million vehicles were produced, with a year-on-year increase of 7.7%.
In terms of market segments, 250000 luxury cars were retailed in December, a year-on-year decrease of 3% and a month on month increase of 18%. The sales of luxury cars were stable at the end of the year, laying a solid foundation for a good start in 2022.
In December, the retail sales of independent brands reached 930000, with a year-on-year increase of 4% and a month on month increase of 12%. The retail share in China was 46.3%, with a year-on-year increase of 6.9%; The annual share was 41%, an increase of 5.6%. The leading enterprises of independent brands performed very well and gained significant growth in the new energy market. Traditional automobile enterprise brands such as Byd Company Limited(002594) and SAIC passenger cars showed high growth year-on-year.
In December, 930000 mainstream joint venture brands were retailed, a year-on-year decrease of 19% and a month on month increase of 19%. In December, the retail share of Japanese brands was 22.2%, a year-on-year decrease of 1%. American retail market share reached 9%, down 0.6% year-on-year. The share of legal system has increased by 0.3%, and the supply of German brands is gradually improving.
In December, the Federation exported 170000 passenger vehicles (including complete vehicles and CKD), a year-on-year increase of 63%, and new energy vehicles accounted for 15% of the total export. In December, the export of independent brands reached 150000, a year-on-year increase of 77%, and the export of joint ventures and luxury brands reached 20000, a year-on-year increase of 26%.
In December, the wholesale sales volume of new energy passenger vehicles reached 505000, a year-on-year increase of 138.9% and a month on month increase of 17.8%. From January to December, the wholesale of new energy passenger vehicles was 3.312 million, a year-on-year increase of 181.0%. In December, the retail sales of new energy passenger vehicles reached 475000, a year-on-year increase of 128.8% and a month on month increase of 25.4%. From January to December, the retail sales of new energy vehicles were 2.989 million, a year-on-year increase of 169.1%. The trend of new energy vehicles is strongly different from that of traditional fuel vehicles, realizing the partial substitution effect of new energy vehicles on the fuel vehicle market, proving the change of consumer demand through the market-oriented choice of users, and driving the vehicle market to accelerate the transformation to new energy.
(source: Nanfang plus)
