China News Service, Beijing, March 11 (Reporter Ruan Yulin Yan Xiaohong) Data released by the China Association of Automobile Manufacturers on the 11th showed that from January to February 2024, China's automobile production and sales completed 3.919 million units and 4.026 million units respectively, a year-on-year increase of 8.1% respectively. % and 11.1%.

　　In February, China's automobile production and sales completed 1.506 million units and 1.584 million units respectively, down 37.5% and 35.1% respectively from the previous month, and down 25.9% and 19.9% ​​respectively from the same period last year.

　　From January to February, China's domestic automobile sales were 3.204 million units, a year-on-year increase of 7%; automobile exports were 822,000 units, a year-on-year increase of 30.5%.

Among them, in February, domestic sales of automobiles were 1.206 million units, a year-on-year decrease of 26.8%; automobile exports were 377,000 units, a year-on-year increase of 14.7%.

　　Data show that from January to February, the production and sales of new energy vehicles in China were 1.252 million and 1.207 million respectively, a year-on-year increase of 28.2% and 29.4% respectively, and the market share reached 30%.

During the same period, China exported 182,000 new energy vehicles, a year-on-year increase of 7.5%.

　　In February, the production and sales of new energy vehicles in China were 464,000 and 477,000 respectively, down 16% and 9.2% respectively year-on-year, with a market share of 30.1%.

　　According to analysis by the China Association of Automobile Manufacturers, February this year experienced a complete Spring Festival holiday, with fewer effective working days. The manufacturing industry is in the traditional production off-season. Enterprise production and operations have been affected to a certain extent, and market activity has overall declined.

Looking at the trend, China's economy as a whole continues to expand, and corporate expectations are relatively stable.

　　Judging from automobile production and sales, some demand for car purchases has been released before the Spring Festival. Overall automobile production and sales in February fell back compared to January.

Judging from the operation situation from January to February, passenger cars and commercial vehicles continued to operate smoothly, and new energy vehicles and automobile exports continued to perform well.

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