China Auto
China Mar NEV production data by CPCA: 788,000
China's March production of passenger NEVs increased by 25.2 percent year-on-year to 788,000 units, up 84.9 percent from February.
China Mar NEV retail data by CPCA: 709,000
BEVs sold 428,000 units at retail in March, accounting for 60.4 percent of all NEV retail sales.
China vehicle inventory alert index falls to 58.3% in Mar
China's Vehicle Inventory Alert (VIA) Index stood at 58.3 percent in March, implying that the automotive sector continues to be in contractionary territory, but improved from February.
China Feb auto sales breakdown: Premium models contribute 14.76%
That's up from 12.79 percent in January and 13.82 percent a year earlier.
China Feb auto sales breakdown: Sedans 45.28%, SUVs 49.93%, MPVs 4.79%
Retail sales of sedans in February were 499,699 units, SUVs 550,984 units and MPVs 52,811 units.
Local brands' share of China auto market at 55.4% in Feb
German brands came in second with a 21.26 percent share in February, while Japanese brands came in third with a 14.37 percent share.
China auto dealer inventory factor at 1.74 in Feb, above alert line
China automobile dealers' inventory factor stood at 1.74 in February, the first time since November 2023 that it was back above the 1.50 alert line.
China Feb NEV production data by CPCA: 426,000
China's February passenger NEV production was 426,000 units, a decrease of 17.76 percent year-on-year and down 42.28 percent from January.
China Feb NEV retail data by CPCA: 388,000
BEVs sold 221,000 units at retail in February, accounting for 57 percent of all NEV retail sales.
China vehicle inventory alert index rises to 64.1% in Feb
That was up 6 percentage points year-on-year and up 4.2 percentage points from January, implying that the automotive industry's inventory situation deteriorated from January.