China ** newspaper reporter Yishan.
On January 11, data released by the China National Association showed that in 2023, China's automobile production and sales will exceed 30 million for the first time, both hitting a record high. Automobile exports also reached a new high, with exports approaching 5 million units in 2023. According to the China Association of China, it is expected that the automobile market will continue to maintain a steady and positive development trend in 2024, showing a growth of more than 3%. The production and sales of automobiles exceeded 30 millionAccording to the data, in 2023, China's automobile production and sales will be completed by 301610,000 and 300940,000 units, up 11. y/y6% and 12%. Compared with the previous year, the output growth rate increased by 82 percentage points, sales growth increased by 99 percentage points. Looking back on 2023, the China National Association said that the overall market sales throughout the year showed the characteristics of "low opening and high walking, and gradually improving". Among them, at the beginning of the year, affected by factors such as the preferential purchase tax of traditional fuel vehicles and the withdrawal of new energy vehicle subsidy policies, the early Spring Festival holiday, and the early overdraft of some consumption, the recovery of automobile consumption is relatively lagging behind, and the cumulative production and sales in the first two months have dropped significantly compared with the same period: from March to April, the first tide has fluctuated in the terminal market, automobile consumption is in the process of slow recovery, and the overall economic operation of the automobile industry is facing greater pressure; From May to October, driven by national and local policies, coupled with the continuation of local car purchase activities and other measures, the market demand was gradually released, and the "Golden Nine and Silver Ten" effect reappeared; Since November, the market has continued to develop well, and the auto market has improved beyond expectations due to the impulse of car companies at the end of the year, with production and sales hitting a record high. In December, the production and sales of automobiles were 30790,000 and 31560,000 units, an increase of 29 y/y2% and 235%。
*: It is worth noting that China's total automobile production and sales have ranked first in the world for 15 consecutive years. Among them, in 2009, China's automobile production and sales exceeded 10 million for the first time, becoming the world's largest automobile production and sales country. In 2013, it exceeded 20 million units, and there was a transformation and adjustment between 2017 and 2020, and it began to rebound after 2021. In 2023, it will exceed the 30 million mark. Production and sales of passenger cars reached a new highSpecifically, in 2023, the production and sales of passenger cars will be 2,61240,000 and 2,60630,000 units, up from the previous year. 6%, and production and sales also hit a record high. Among them, the sales volume of domestically produced high-end brand passenger cars will be 47 in December 202370,000 units, up from the previous month. The annual sales volume reached 45160,000 units, a year-on-year increase of 154%。In 2023, the sales volume of traditional fuel passenger vehicles will be mainly concentrated in the range of 100,000 yuan to 150,000 yuan**; In terms of year-on-year sales growth, models with a price increase of more than 500,000 yuan** increased the most. Among the new energy passenger vehicles, the sales volume is mainly concentrated in the range of 150,000 yuan to 200,000 yuan**; In terms of year-on-year sales growth, models in the range of 350,000-400,000 yuan ** increased the most, with a year-on-year growth rate of more than 1 times. The commercial vehicle market has also stabilized and rebounded. In 2023, the production and sales of commercial vehicles will reach 40370,000 and 40310,000 units, up from the previous year. 1%。At the same time, among the main varieties of commercial vehicles, compared with the same period last year, the production and sales of buses and trucks will grow rapidly in 2023. The China National Association said that in 2023, affected by the macroeconomic stability and improvement, the recovery of consumer market demand, and the pull of various favorable policies, the commercial vehicle market will rebound from the bottom and achieve restorative growth. 
In addition, in terms of new energy vehicles, data shows that in 2023, the production and sales of new energy vehicles in China will be 95870,000 units, 94950,000 units, up from the previous year. 9%, with a market share of 316%, up from 5 in the same period last year9 percentage points. Automobile exports hit a new highThe data also shows that in 2023, China's automobile exports will reach a new high, becoming an important force driving the growth of automobile production and sales. Vehicle exports totaled 4.91 million units, reflecting a 57% y/y increase9%, and exports contributed 557%。Specifically, in 2023, the export of pure electric vehicles will be 11020,000 units, an increase of 80 percent year-on-year9%；Plug-in hybrid vehicle export 1010,000 units, a year-on-year increase of 478%。In terms of car companies, among the top 10 companies in terms of vehicle exports in 2023, SAIC, Chery, and Geely are the top three. Among them, SAIC, which ranked first, exported 10990,000 units. Tesla with 3440,000 units ranked fifth. In terms of growth rate, BYD's exports were 2520,000 units, a year-on-year increase of 33 times; Chery exports 9250,000 units, doubling year-on-year. 
In 2023, a number of indicators of the whole industry will hit a record high, promoting the automotive industry to achieve effective qualitative improvement and reasonable quantitative growth, and becoming an important driving force for industrial economic growth. With the continuous promotion of the national policy of promoting consumption and stabilizing growth, the implementation of a series of policies to promote the high-quality development of the new energy vehicle industry, including the continuation of the vehicle purchase tax exemption policy, and the continuous promotion of new energy vehicles and infrastructure construction to the countryside, will further stimulate market vitality and consumption potential. It is expected that the automotive market will continue to maintain a steady and positive development trend in 2024. According to China's leading association, China's total automobile sales will exceed 31 million in 2024, a year-on-year increase of more than 3%. Among them, passenger car sales were 26.8 million, a year-on-year increase of 3%; Commercial vehicle sales were 4.2 million units, up 4% year-on-year. New energy vehicle sales were 11.5 million units, and exports were 5.5 million units. Editor: Xiaomo Review: Muyu.