On February 17th, the China Association of Automobile Manufacturers released the production and sales situation of the automobile industry in January 2025. In January, the production and sales of automobiles reached 2.45 million and 2.423 million respectively, a decrease of 27.2% and 30.5% compared to the previous month. Production increased by 1.7% year-on-year, while sales decreased by 0.6% year-on-year.

The China Association of Automobile Manufacturers stated that the overall operation of China's automobile industry remained stable in January of this year. Among them, passenger cars continued to perform well, with both production and sales increasing year-on-year; The production and sales of new energy vehicles and automobile exports have also continued to show a good trend.

Data shows that in January, the production and sales of passenger cars reached 2.151 million and 2.133 million respectively, an increase of 3.3% and 0.8% year-on-year.

In terms of new energy vehicles, the production and sales of new energy vehicles in January reached 1.015 million and 9.44 million respectively, maintaining a relatively fast year-on-year growth of 29% and 29.4%, respectively. The sales of new energy vehicles account for 38.9% of the total car sales.

In terms of exports, China's total automobile exports reached 470000 units in January, a year-on-year increase of 6.1%. Among them, 150000 new energy vehicles were exported, a year-on-year increase of 49.6%.

The China Association of Automobile Manufacturers pointed out that in January, the overall output of China's economy continued to expand, and enterprise expectations rebounded significantly. With the support of macro policies, the industry is relatively optimistic about the future market.

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