Department of Public Works letter: the automotive industry, "increasing output without increasing income," the situation has been reversed


The head of the automotive industry sector of the Ministry of Industry and Information has issued the report, January to May this year, industrial sales output value of the automobile industry 1.018607 trillion yuan, an increase of 3.79%, of which January-February 1-March ,1-4 respectively on the same period last year representing an increase of -7.59%, -3.35%, 0.86%, sales output value of negative growth have reversed the situation.

Data show that in May, although China's vehicle production and sales declined from the previous month, but continue to maintain high growth in the same period last year, an increase of about 30%. Automobile manufacturing industry in May industrial sales output value of 245.325 billion yuan, up 13.21 percent, showing a "dose-effect with the increasing" good momentum.

The automotive industry to achieve a specific "dose-effect with the increasing" due to the situation have strong growth in passenger cars. January to May, sales of 3,650,500 cars, up 20.84%, 1.6 liters and below which emission passenger cars sales 2,519,200, an increase of 38.17%; marketing of passenger cars accounted for 69.01%, over last year market share over the same period increased 7.45%. However, still sluggish commercial vehicle production and sales market.

The report also showed that exports of the automotive industry is currently the situation is still grim. January to May totaled 46.83 billion yuan of export delivery value of yuan, down 36.97 percent. Automobile manufacturing industry in May to complete the export delivery value of 9.785 billion yuan, up 41.25 percent decline.
2009-07-03