China Auto
China auto dealer inventory factor continues to sit above alert line in Aug
China's auto dealer inventory factor stood at 1.54 in August, continuing to sit above the 1.5 alert line while improving from July.
China Aug NEV production data by CPCA: 789,000
In January-August, the production of passenger NEVs in China amounted to 5,102,000 units, a year-on-year increase of 36.38 percent.
China Aug NEV retail data by CPCA: 716,000
BEVs accounted for 491,000 units of retail sales in August, or 68.6 percent of all NEV retail sales.
China vehicle inventory alert index gets better in Aug but remains in contraction zone
China's Vehicle Inventory Alert (VIA) Index stood at 56.9 percent in August, implying that the auto industry was in a contraction zone, but slightly improved from July.
China Jul auto imports up 5.26% from Jun
In the January-July period, China's auto imports stood at 411,700 units, down 21.21 percent year-on-year.
China Jul auto exports up 6.76% from Jun
In the January-July period, China's auto exports stood at 2,779,300 units, up 69.29 percent year-on-year.
China auto inventories up 1.46% in Jul from Jun
The inventory level could support retail sales for the next 56 days, down from 58 days at the end of June.
China Jul auto sales breakdown: Sedans 47.35%, SUVs 47.37%, MPVs 5.28%
Sedans, SUVs and MPVs sold 837,117, 837,322 and 93,329 units respectively in July.
China Jul auto sales breakdown: Premium models contribute 14.93%
This is higher than the 13.98 percent recorded in June and up from 11.43 percent a year ago.
Local brands' share of China auto market at 53.19% in Jul
Local brands' share in July was up from 49.21 percent in June and up from 47.28 percent a year earlier.