Top 10 car sales in May: FAW-Volkswagen returns to the top of the list, and SAIC recovers

As the epidemic in Shanghai was significantly brought under control, the production and sales of passenger vehicles rebounded significantly in May.According to data released by the China Passenger Car Association, the narrow-sense passenger car production in May was 1.671 million units, a year-on-year increase of 6.5% and a month-on-month increase of 69.5%; the narrow-sense passenger car wholesale sales were 1.591 million units, a year-on-year decrease of 1.3% and a month-on-month increase of 67.8%. .Cui Dongshu, secretary-general of the Passenger Federation, pointed out that the production and sales in May improved significantly month-on-month, forming a push-type production and sales trend in which production was higher than sales by 80,000 units, and wholesale was higher than retail by 237,000 units.

With the sharp increase in the production and sales of passenger vehicles in the narrow sense from the previous month, the top ten car companies in the narrow sense of passenger car manufacturers in wholesale sales in May also returned to "normalization" compared with April.In general, the independent brands are still strong, and two of the top three are independent car companies; among the joint venture car companies, FAW-Volkswagen returns to the top, and the Japanese car companies except GAC Toyota are relatively sluggish as a whole, and Dongfeng Nissan unexpectedly fell out of the top ten.

The top ten wholesale sales of passenger vehicle manufacturers in the narrow sense in May are as follows: 

BYD has become the top three "regular customers" of car companies in terms of sales

In the past two years, under the background of the epidemic and lack of cores, joint venture car companies have weakened as a whole, and independent car companies have successfully broken through.After Geely and Changan repeatedly broke into the top three monthly sales of passenger car manufacturers in the narrow sense, this year, BYD has become a "regular customer" of the top three sales of car companies.After leading the sales list of sports car companies in April, BYD ranked second with 114,000 units in May, and the year-on-year increase reached an astonishing 1.5 times.

In March of this year, BYD announced a complete shutdown of fuel vehicles.After the electrification of ALL IN, BYD adopts the parallel strategy of DM plug-in hybrid and EV pure electric in the new energy field. It is rare that BYD's performance in these two fields is relatively balanced.Taking May sales as an example, its EV and DM passenger car sales reached 53,000 and 61,000 respectively. 

Geely Automobile's May sales were 89,000 units, down 7.4% year-on-year, ranking third among narrow-sense passenger car manufacturers in wholesale sales.According to official data provided by Geely Automobile, its new energy vehicle sales in May were 19,700 units, a three-fold increase year-on-year, and the penetration rate in Geely Automobile's overall sales reached 22%.This also reflects that the penetration rate of new energy vehicles among the major automakers of independent brands is rapidly rising as a powerful driving force for the growth of the current auto market.The reason why Geely Automobile's new energy products have increased significantly is that after last year's climb, the Krypton brand's delivery volume has increased significantly this year. In addition, its joint venture with Lifan Ruilan Automobile has also contributed to Geely's new energy field this year. some sales.

Changan Automobile, the self-owned first brother, has ranked first in sales in April and May this year since it topped the rankings of BYD and Geely.In May, Changan Automobile's monthly sales of passenger cars were 84,000 units, down 12.2% year-on-year.However, from the perspective of product layout, Changan Automobile has more stamina.This year, it will launch 8 new energy products. In addition to the UNI series, which mainly focuses on the plug-in hybrid market, it also deploys the A00-class electric vehicle Lumin. In addition, Changan Deep Blue and Avita also have new models on the market this year. 

Changan A00-class electric vehicle Lumin, picture source: Changan Automobile

In addition, Chery and SAIC Passenger Vehicles, which are self-owned brands, were shortlisted for the TOP 10 wholesale sales of passenger vehicle manufacturers in the narrow sense in May. Among them, Chery Automobile sold 79,000 vehicles in May, a year-on-year increase of 36.8%, showing a bright performance; SAIC Passenger Vehicles Replacing Great Wall Motor successfully entered the top ten with 70,000 vehicles.It is worth affirming that with the increase in the resumption rate of Shanghai's automobile industry in May, the production and sales of SAIC passenger vehicles have recovered rapidly.It is understood that at present, the production capacity of SAIC Passenger Vehicle Lingang Base has recovered to 80% of the full production level before the epidemic, and double-shift operation has been started.In terms of market performance, new energy and overseas sales are still strong growth drivers for SAIC passenger vehicles this year.

The German system is picking up, and the Japanese company GAC Toyota is "superior"

Compared with the decline of up to 70% in April when the public in both the north and the south were hit hard by the epidemic, the situation in May improved significantly.Among them, FAW-Volkswagen jumped from the fifth in April to the champion in May, and SAIC-Volkswagen also rose from the top ten in April to the fourth in May.

Although the sales volume of North and South Volkswagen in May increased significantly month-on-month, since the two car companies currently account for a large proportion of fuel vehicles in the sales volume, their year-on-year performance is mainly down.According to data from the Passenger Federation, the retail penetration rate of new energy vehicles reached 26.6% in May, of which the penetration rate of new energy vehicles among mainstream joint venture brands was only 4%.From this point of view, the sales of new energy vehicles in joint venture car companies need to be improved urgently.

GAC Toyota was the only Japanese car company to be shortlisted in the TOP 10 list of passenger car manufacturers in the narrow sense of wholesale sales in May. The former regular customer Dongfeng Nissan unexpectedly fell off the list.GAC Toyota's performance continued to strengthen this year. In April, it squeezed into the top three with 69,000 vehicles; in May, it ranked fifth with 84,000 vehicles.

Highlander sold 39,000 units from January to May, picture source: GAC Toyota

The industry pointed out that the main reason for the good sales of GAC Toyota is that most of its products on sale have a relatively balanced market performance, and there are main models in major mainstream market segments, such as the Senna in the MPV field and the Highlander in the SUV field. , the sedan segment has the Camry.In addition, with the rise in oil prices and the improvement of consumers' awareness of environmental protection, hybrid vehicles with lower fuel consumption have begun to be accepted by more and more consumers. As the number one player in the hybrid field, Toyota's products have been proven and mature in the market. higher degree.From January to May this year, GAC Toyota sold 117,000 hybrid models, a year-on-year increase of 122.7%, effectively driving GAC Toyota's overall sales higher.

Judging from the car companies that were shortlisted in the TOP 10 wholesale sales of passenger car manufacturers in the narrow sense in May, most car companies saw positive growh in sales year-on-year, which indirectly reflects that domestic car sales are still growing driven by new energy vehicles. potential.

Recently, in order to promote automobile consumption, the state has promulgated a series of favorable policies, such as the launch of a new round of new energy vehicles to the countryside, and the 60 billion bailout policy to promote passenger cars and trucks. The state of the auto market in the second half of the year.Cui Dongshu, secretary general of the Passenger Federation, pointed out that the policy effect is expected to bring an increase of 2 million vehicles to the auto market this year, which can promote the annual domestic retail sales to reach 21 million vehicles, a year-on-year increase of 4% in 2022.