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China Automobile Association: 11 key enterprise auto output in early June fell by 36.6 percent

June 17, bought a car network Buycar learned that China Automotive Industry Association has shown that the data reported by 11 car key companies in the industry, in early June 2021, 11 key enterprises have completed 434,000 vehicles, year-on-year Drop 36.6 percentage. Among them, passenger cars fell by 37.9 percentages year-on-year; commercial vehicle production fell by 30.2 percentage.

It is understood that in May, the car production and sales in the year, and the auto production and sales completed 2040,000 vehicles, respectively, down 8.7% and 5.5 percent, respectively, and each year Dropping 6.8% and 3.1 percentage. In January-May, the auto production and sales completed 10626 million vehicles, respectively, and the growth rate fell from January to April.

In this regard, Chen Shihua, deputy secretary-general of the China Automobile Industry Association, pointed out that “chip shortage is one of the important reasons for the double decline in automobile production and sales in May. The shortage of chip leads to large area reduction, the supply side supply is insufficient, currently The passenger car inventory is only 509,000, and the normal level should be around 1 million.4 – May chip supply intensity, therefore will lead to the situation in June, “

Prospect In the future, the China Automobile Association said that my country’s economic operation is stable, stabilized, and it has a good support for the stability of car consumption. It is expected that car sales per year may reach 27 million. However, it is not possible to ignore a series of objective reasons, especially the impact of chip supply on enterprise production, and the raw material prices have also increased the cost of corporate cost, so it will continue to maintain a prudent optimistic attitude towards future automotive industry development. .

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