In 2016, China's auto market achieved a recovery growth. The Ministry of Industry and Information Technology recently announced the economic performance of the national automobile industry in 2016. Chinese brand passenger cars sold a total of 10.529 million vehicles, a year-on-year increase of 20.5%. This is the first time that Chinese brand passenger car sales exceeded 10 million vehicles, accounting for 43.2% of total passenger car sales. The market share increased by 2 over the same period of the previous year. percentage point.
According to the statistics of China Association of Automobile Manufacturers, in 2016, China's automobile production and sales grew rapidly, and the total volume of production and sales reached a record high. The annual production and sales of automobiles reached 28.19 million and 28.528 million, respectively, an increase of 14.5% and 13.7% over the same period of the previous year. It was 11.2 and 9.0 percentage points higher than the same period of last year. This is the eighth consecutive year that China has reached the top of the world's largest car sales market.
Last year, China's passenger car production and sales completed 24.421 million and 24.377 million, respectively, an increase of 15.5% and 14.9% over the same period of the previous year. The growth rate was higher than the overall 1.0 and 1.2 percentage points of the automobile. Its rapid growth contributed to the growth of automobile production and sales. The degrees reached 92.3% and 94.1%, respectively.
Among them, the pulling action of SUV and MPV is still obvious. Last year, the sales of cars was 12.15 million units, up 3.4% year-on-year; the sales of SUVs was 9.047 million units, up 44.6% year-on-year; the sales of MPVs was 2.497 million units, up 18.4% year-on-year; the sales of cross-type passenger cars were 684,000 units, down 37.8% year-on-year.
Affected by the preferential tax policy for purchase and purchase, the sales of passenger cars of 1.6 liters and below in 2016 were 17.607 million, an increase of 21.4% over the previous year, accounting for 72.2% of passenger car sales, an increase of 3.6 percentage points over the same period of the previous year.
In this regard, at the forum on the future development trend of the Beichenya Auto Market held recently, Shi Jianhua, deputy secretary-general of the China Association of Automobile Manufacturers, said that the growth of the auto market is due to the stable macro economy in 2016 and the small-displacement purchase tax. The halving policy has a pulling effect on the market, and real estate development investment has a certain pulling effect on the automobile market.
"In the context of the continuation of the small-displacement passenger car purchase tax preferential policy and the introduction of a number of heavyweight industry policies, it is expected that China's new car market will maintain a medium-speed growth in 2017, and the used car market will usher in an outbreak." Xiao Zhengsan, secretary general of the association, said.
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