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After hitting a new one-year low on the 11th, FAW Xiali oversold and rebounded, with a daily limit of two trading days. In fact, the sales of FAW Xiali in April were not very satisfactory. The sales volume was 19,043 units, a decrease of 1.35% year-on-year, of which the Xiali series models increased by 11.84% year-on-year, and the Wei series decreased by 35.67%.
More than FAW Xiali, China's entire automotive industry in April, production and sales data have declined. In the same month, the automobile output was 1,653,500 vehicles, a decrease of 9.85% from the previous period and a year-on-year increase of 34.61%; the sales volume of automobiles was 1,555,200 vehicles, a decrease of 10.37% from the previous period and a year-on-year increase of 34.37%.
The year-on-year growth rate of automobile production and sales in April showed a declining trend, which was mainly due to the fact that, driven by the policy, consumption in 2009 to some extent overdrawn this year's consumer demand; taking into account the high base in 2009 and related consumption stimulus policies Withdrawal, the growth rate of car sales will gradually decline this year. In the first quarter of this year, the hot trend of the industry actually continued the tail-ending effect at the end of 2009 and was not replicable. Therefore, the data for April had fallen within reasonable expectations, and it is expected that the production and sales in the second and third quarters will continue to decline. The situation, but the extent is limited.
Specifically, the production and sales of vehicles with 1.6 liters or less of displacement have fallen month-on-month for the second consecutive month, while the boom of mid- and high-emissions, SUVs and other high-end cars has continued to rise significantly. This may be due to the cancellation of the purchase tax concessions and the decline in the proportion of first-time buyers caused by the cold weather in the property market, and the demand for upgrading has increased. In addition, the market demand for heavy goods and large passenger vehicles used for construction has increased significantly compared to 2009, indicating that the recovery of logistics and passenger and freight transport will support the terminal's heavy truck and large passenger sales.
On the export side, automakers exported 39,800 vehicles in April, a 1% increase from the previous quarter and a 52% year-on-year increase. Among them, passenger cars and commercial vehicles exported 16,400 vehicles and 23,400 vehicles, respectively, down by 17% and 19% from the previous month, respectively, an increase of 71% and 41% respectively. On the whole, the major export destinations of China's autos are emerging Asian markets. The uncertainties of emerging markets and European economies have led to a slow recovery of China's auto exports and remain low.