China News Service, Beijing, April 10 (Reporter Yan Xiaohong) China Association of Automobile Manufacturers released the production and sales of the automobile industry in the first quarter on January 10: January to March, the production and sales of automobiles were 3.474 million and 3.672 million, down 45.2% and 42.4% year-on-year. The decline was roughly the same as in the previous two months, of which the decline in commercial vehicles was generally lower than that of passenger vehicles.

In March, as the new coronary pneumonia epidemic was effectively controlled in China, the company's production and operation gradually resumed. On the production side, the situation of resuming production and resuming production of enterprises has obviously improved. According to the latest statistics on the resumption of production and resumption of production of 23 enterprise groups controlled by the China Association of Automobile Manufacturers, the vehicle production base is fully reinstated, the return rate of employees is 86%, and the resumption of production has reached 75% of the average level last year. On the consumer side, since the epidemic has not completely ended, some market demand is still being suppressed, but corporate sales in March have been significantly better than in February.

In March, the overall performance characteristics of China's auto industry's production and sales were as follows: the decline in the production and sales of automobiles narrowed, the decline in the production and sales of passenger vehicles was still relatively large, the decline in the decline in commercial vehicles was more obvious, the new energy vehicles continued to decline year-on-year, and the market share of Chinese brand passenger vehicles increased 1. The market concentration of key enterprise groups is higher than that of the same period, automobile exports have increased slightly year-on-year, and the economic benefits of key enterprises have dropped significantly.

In March, China's automobile production and sales exceeded 1.4 million units, respectively, reaching 1.422 million units and 1.43 million units, up 4.0 times and 3.6 times from the previous month, down 44.5% and 43.3% year-on-year. The decline was narrower than last month.

From January to March, the production and sales of new energy vehicles were completed at 105,000 and 114,000 respectively, down 60.2% and 56.4% year-on-year.

In the first quarter, the downward pressure on the operation of China's auto industry increased, and the auto industry prosperity index ACI was 6, down 21:00 from the fourth quarter of 2019, from the previous light blue light zone to the blue light zone.

According to the China Association of Automobile Manufacturers, with the gradual implementation of relevant national policies and the successive introduction of policies to promote automobile consumption by various local governments, the auto market will accelerate recovery. (Finish)