China Automobile Association: Passenger car production and sales completed 2.574 million units and 2.468 million units respectively in March, up 14.4% and 10.4% year-on-year respectively

The Zhitong Finance App learned that in March 2025, the China Automobile Association issued a document stating that in March 2025, passenger car production and sales completed 2.574 million units and 2.468 million units, respectively, up 44.2% and 36% month-on-month, and 14.4% year-on-year, respectively. From January to March 2025, passenger car production and sales reached 6.513 million units and 6.419 million units respectively, up 16.1% and 12.9%, respectively.

According to an analysis by the China Association of Automobile Manufacturers, in March 2025, the effects of the trade-in policy continued to show results. Companies intensively launched new products and diversified promotional activities. The passenger car market continued its good trend. The wholesale sales volume of manufacturers grew rapidly, and terminal sales gradually picked up.

In March 2025, among the main types of passenger cars, production and sales of the four major passenger car categories increased to varying degrees compared with the same period last year; compared with the same period last year, production and sales of the four categories of passenger cars all increased to varying degrees. Among them, the production and sales growth rate of cross-type passenger cars was the most significant.

From January to March 2025, among the main types of passenger cars, production and sales of all four categories of passenger cars increased to varying degrees compared with the same period last year. Among them, the production and sales growth rate of cross-type passenger cars was even more remarkable.

In March 2025, domestic sales of passenger cars were 2,058,000 units, up 42.4% month-on-month and 13.5% year-on-year.

From January to March 2025, domestic sales of passenger cars were 5.241,000 units, an increase of 14.5% over the previous year.

In March 2025, 410,000 passenger cars were exported, up 10.7% month-on-month and 3.2% year-on-year.

From January to March 2025, 1.178,000 passenger cars were exported, an increase of 6.1% over the previous year.