Shulou(Shulou.com)11/24 Report--

CTOnews.com news on December 8, according to the passenger Federation, retail sales in the passenger car market reached 1.649 million units in November 2022, down 9.2% from the same period last year. Retail sales fell 10.5% in November compared with the previous month, which is the first month-on-month decline in "Golden Nine, Silver and Copper Eleven" since 2008. Retail sales totaled 18.367 million vehicles from January to November, an increase of 1.8 percent over the same period last year and a net increase of 317000 vehicles over the same period last year, of which 1.39 million vehicles increased from June to November since the launch of the car purchase tax preferential policy, making a huge incremental contribution.

In November, manufacturers sold 2.029 million vehicles wholesale, down 5.7% from the same period last year and 7.5% from the previous month. Driven by the new energy market, some car companies showed obvious differences in performance. Autonomous car companies wholesale 1.112 million vehicles in November, up 12 per cent from a year earlier and down 5 per cent from a month earlier. Mainstream joint venture car companies wholesale 620000 vehicles, down 31% from the same period last year and 18% from the previous month. 290000 luxury cars were wholesale, up 15% from the same period last year and 8% from the previous month. Wholesale sales of passenger car manufacturers from January to November reached 20.925 million, an increase of 11.7% over the same period last year.

In November, wholesale sales of new energy passenger vehicles reached 728000, an increase of 70.2% over the same period last year and 7.9% from the previous month. Under the policy of halving the car purchase tax, new energy vehicles were not affected, but continued to improve better than expected. From January to November, 5.742 million new energy passenger vehicles were wholesale, an increase of 104.6 percent over the same period last year. Retail sales of new energy passenger cars reached 598000 in November, an increase of 58.2% over the same period last year, and an increase of 7.8% from January to November. From January to November, there were 5.03 million domestic retail sales of new energy passenger vehicles, an increase of 100.1% over the same period last year.

The new energy passenger car market hit an all-time high in November. BYD's pure electric and plug-in twin drives consolidate its own brand's leading position in new energy. Traditional car companies represented by SAIC, Guangzhou Automobile, Dongfeng, Geely, Chery and Great Wall have performed prominently in the new energy sector. In terms of product launch, with the multi-line development of independent car companies on the new energy route, the market base continues to expand, and 14 enterprises have wholesale sales exceeding 10,000 vehicles (1 down from the previous month, unchanged from the same period last year), accounting for 85.1% of the total new energy passenger vehicles. Among them: 229942 BYD cars, 100291 Tesla China, 76165 SAIC-GM Wuling, 34642 Geely, 32018 Changan, 28765 GAC-EA, 25,785 SAIC passenger vehicles, 15,072 Nashi cars, 15034 ideal cars, 14,178 Lulai cars, 11,740 Dongfeng Ezettes, 11,615 brilliance BMW and 11,563 Chery cars.

In November, New Power's retail share was 12.7%, down 7.3 percentage points from the same period last year. Nezha, ideal, Lulai, Zero and other new forces still have strong year-on-year and month-on-month performance, especially in the second camp. This is also the advantage of the market segment track. Among the mainstream joint venture brands, North and South Volkswagen is strong in the lead, with 17952 new energy vehicles wholesale, accounting for 55% of the mainstream joint venture pure electric share. Volkswagen's firm electric transformation strategy is beginning to bear fruit. Other joint ventures and luxury brands still need to be launched.

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