Shanghai (Gasgoo)- According to the data released by the China Passenger Car Association (CPCA), China’s PV (passenger vehicle) retail sales (excluding minivan) reached 1.812 million units, up 9.6% year on year and down 8.6% month on month. Meanwhile, the wholesale PV volume nationwide was 1.874 million last month, rising 12.3% from a year ago, while dropping 11.7% month on month.
In the first three months, a total of 1.982 million PVs (excluding minivan) were delivered in China with a year-on-year growth of 4.4%, reversing the sales downturn in a year-ago period. The rising PV performances in the first quarter may curb the month-on-month growth in the following month. Due to the Qingming Festival and the May Day, there are only 20 work days in April, which was 2 work days less than in March. This may cause the month-on-month sales decline in April to some extent.
As to the top 10 PV automakers in April by wholesale volume, SAIC-GM, SAIC-VW and FAW-VW still occupied the first three places compared with the previous month. SAIC-GM took the championship this time with a wholesale volume up to 171,177 units in April. Besides, Geely Auto, who ranked fifth in March, moved up to the fourth with 128,817 units delivered last month, driven by the strong sales of sedans and SUVs and the fast-growing sales of the Lynk & Co. Additionally, SAIC Motor PV ranked tenth with a year-on-year jump of 50% in wholesale volume to 62,289 unit in April.
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