The China Association of Automobile Manufacturers expects the automobile industry to sell 1.7665 million vehicles in May, an increase of 49.59% month-on-month, but the data from January to May fell by 13.11% year-on-year

On June 4, according to the data of the China Automobile Association, the China Association of Automobile Manufacturers calculated based on the weekly report data reported by key enterprises, in May 2022, the sales volume of the automobile industry is expected to complete 1.7665 million units, a month-on-month increase of 49.59% and a year-on-year decrease of 17.06%; 2022 From January to May 2019, the sales volume is expected to reach 9.4573 million units, a year-on-year decrease of 13.11%.

Since 2022, both the supply and demand sides of the new energy vehicle market have faced greater pressure.

On the supply side, large-scale epidemics have occurred in many parts of the country, causing some vehicle and supply chain supporting factories to stop production. At the same time, the prices of raw materials such as chips, steel, aluminum, and batteries have continued to rise, pushing up production costs. Many car companies announced price increases. plan.

On the demand side, due to the more complex and severe international environment and the unexpected impact of the domestic epidemic, the downward pressure on the economy has further increased, and consumer demand is relatively weak.

It is worth noting that in order to boost the auto market, the state has introduced relevant policies to promote auto consumption. Subsequently, various local rescue policies were introduced intensively. By issuing auto consumption coupons, lottery lottery and other methods, “real money” increased auto consumption. Subsidy forms include direct purchase of new cars, trade-in for new, and motorcycles for automobiles.

Under this circumstance, the sales of most auto companies in May rose sharply month-on-month, showing signs that the market is picking up. (Proofreading/Value)