Passenger Car Association: Last week's retail sales of passenger cars increased by 39% year-on-year to 416,000 units

On June 22, data from the Passenger Association showed that from June 13 to 19, the retail sales of passenger cars was 416,000 units, a year-on-year increase of 39% (51 percentage points higher than the year-on-year growth rate of the previous week), and an increase of 19% from the previous week. %, an increase of 55% over the same period last month; 432,000 passenger cars were wholesaled, an increase of 70% over the same period last year (up 96 percentage points over the same period last month), an increase of 24% over the previous week, and an increase of 63% over the same period last month. %.From June 1 to 19, the national passenger car market retailed 935,000 units, a year-on-year increase of 24% (up 42 percentage points from the previous month's cumulative year-on-year growth rate), and a month-on-month increase of 43%; nationwide passenger car manufacturers wholesaled 944,000 units vehicles, an increase of 34% year-on-year (an increase of 57 percentage points from the cumulative year-on-year growth rate of the previous month), and a month-on-month increase of 52%.

The retail sales volume in the previous market was relatively high at the end of the month, and the monthly purchase rhythm of dealers also tended to be delayed. However, in June this year, the situation was different. Due to the obvious recovery of the market, the dealers' confidence was strong, and the channel inventory replenishment awareness was strong, which promoted the monthly inventory. The sales volume of the manufacturers in China increased rapidly, and the sales rhythm improved significantly.

Recently, with the easing of the epidemic in the main production areas, the supply chain has been gradually repaired. Theproduction capacityand demand that were expected to be sluggish in April and May began to be released in June.The economic indicators of some enterprises and localities still need to be strongly guaranteed, and the effect of the stabilizing growth policy must be fully reflected. Therefore, production and manufacturers' sales will continue to rise, achieving a good close in the first half of June.