October 16, 2025
In the first quarter, the production and sales of automobiles both increased year-on-year and reached a record high in March.
March saw a strong recovery in the automobile market, driven by favorable national policies and seasonal demand. The sector reached a record high in production and sales, surpassing 1 million units for the first time since last year. In the first quarter, the market finally broke its downward trend from the previous quarter, with both production and sales showing slight growth—sales outpacing production slightly.
Among the top contributors to production growth were crossover passenger cars, trucks, and sedans, with passenger cars growing faster than the industry average. Although commercial vehicle production and sales rose sharply in March compared to the previous month, the first-quarter figures still showed negative growth due to weak performance across most models, indicating an uncertain outlook for the sector.
From January to March, total automobile production reached 2,567,600 units, up 1.91% year-on-year, while sales hit 2,668,800 units, rising 3.88%. Passenger car production and sales were 1,875,000 and 1,997,000 units respectively, increasing by 4.45% and 7.81%. However, commercial vehicles saw declines of 4.38% and 6.13% in production and sales.
In March alone, auto production totaled 1,095,400 units, up 35.59% month-on-month and 5.55% year-on-year. Sales reached 1,109,800 units, rising 34.10% from the previous month and 5.01% year-on-year. Passenger cars led the way, with production at 751,600 units (up 27.11% monthly and 5.12% annually) and sales at 772,400 units (up 27.18% monthly and 10.26% annually). Commercial vehicles saw a sharp increase in production (up 58.73% monthly and 6.52% annually), but sales dropped 5.29% year-on-year.
Looking at specific categories, crossover passenger cars continued to lead the market. From January to March, their production and sales were 408,400 and 431,100 units, rising by 37.84% and 34.78%. Meanwhile, MPVs experienced significant declines, with output and sales down 15.58% and 15.47% year-on-year. SUVs saw a slight drop in production but a small increase in sales, while basic sedans had a modest rise in sales despite a decline in output.
In the commercial vehicle segment, all models showed mixed results. Buses saw a year-on-year decrease in both production and sales, while trucks posted solid gains. However, semi-trailer tractors and non-integrated coaches faced steep declines, signaling challenges in certain segments of the commercial vehicle market.
Key players like SAIC remained at the forefront, maintaining its position as the top automaker. Other companies such as Hafei and JAC also made it into the top ten. In March, SAIC led the sales rankings, followed closely by FAW, Dongfeng, and Changan. In the passenger car segment, SAIC-GM-Wuling, FAW-Volkswagen, and Shanghai Volkswagen dominated the top spots, while in commercial vehicles, Beiqi Foton and Dongfeng took the lead.
Overall, the March data reflects a positive shift in the auto industry, with strong growth in passenger cars and some improvement in commercial vehicles. However, the sector still faces challenges, particularly in certain segments of the commercial vehicle market. As the year progresses, continued policy support and consumer confidence will be key to sustaining this momentum.
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