On May 11, the China Passenger Car Branch released data showing that in April, the national passenger car market sold 1.755 million units, a year-on-year increase of 14.5% and a month-on-month decrease of 9.4%; the cumulative retail sales this year have been 6.872 million units, a year-on-year increase of 7.9%. In April, the new energy passenger car market sold 905,000 vehicles, a year-on-year increase of 33.9% and a month-on-month decrease of 8.7%; from January to April, a cumulative retail sales of 3.324 million vehicles, a 35.7% increase. In April, the overall retail penetration rate of new energy vehicles in domestic passenger cars was 51.5%, an increase of 7 percentage points from the same period last year.

Cailianshe reporters counted the sales performance of 13 A/H-share vehicle listed car companies in April, of which 10 auto companies rose year-on-year, accounting for 76.9%; 13 auto companies achieved rapid growth in new energy vehicle sales in April with double-digit growth.

"Retail sales in April this year were only slightly lower than the highest level of 1.81 million in April 2018, and were at the historical high of retail in previous years." Cui Dongshu, Secretary-General of the China Passenger Union Branch, analyzed that under the promotion of national consumption promotion policies, many provinces and cities have introduced and gradually implemented corresponding consumption promotion policies. In addition, the full launch of offline activities such as main manufacturers, financial support, and auto shows, the auto market trend in April was good.

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BYD returned to the top in April after briefly lagging behind SAIC Group in March. In that month, BYD's new energy vehicle sales were 380,100 units, a year-on-year increase of 21.34%; from January to April, a cumulative sales of 1.380,900 units, a year-on-year increase of 46.98%. Among them, the sales volume of Dynasty/Ocean was 347,100, while the sales volume of Equation Leopard, Tengshi and Yangwang brands exceeded 10,000, 15,400 and 135 respectively.

As the flagship models of Dynasty/Ocean.com, BYD Han L and Tang L will be launched on April 9. Lu Tian, ​​general manager of BYD Dynasty sales department, revealed that the sales volume of the two new cars exceeded 10,000 units in the first month of launch, becoming BYD’s recent hot-selling products.

SAIC Group, ranked second, sold 376,500 vehicles in April, an increase of 4.59% year-on-year. Since the beginning of this year, sales of a single month have achieved "four consecutive increases year-on-year". In April, SAIC Group sold 128,100 new energy vehicles, a year-on-year increase of 71.7%, and its sales volume hit a new high this year. From January to April, the cumulative sales volume reached 1.3213 million vehicles, an increase of 10.65% year-on-year.

Independent brands have become the key driving force for SAIC Group's growth, and SAIC Passenger Cars, SAIC Maxus and Zhiji Automobile all achieved rapid growth in April. However, their joint venture sectors are still under pressure, with sales of SAIC Volkswagen and SAIC-GM falling by double digits year-on-year, while only SAIC-GM-Wuling achieved double digit growth. At this year's Shanghai Auto Show, the first full-size extended-range SUV concept car ID.era, brought by SAIC Volkswagen, to become an innovative product that integrates China's automobile ecological resources and caters to the Chinese automobile market.

Geely Auto, which had previously announced that it plans to completely incorporate Zekr into its subsidiary, achieved a year-on-year sales growth of 52.75% in April, with sales reaching 234,100 vehicles. Among them, the sales of new energy vehicles exceeded 125,600, an increase of 144.15% year-on-year, accounting for 54%, and the sales and penetration rate in a single month both hit record highs. The Geely Galaxy brand sold 96,600 vehicles in April, an increase of 281% year-on-year, becoming the main driving force for sales growth. In addition, the Zekr brand completed delivery of 41,300 vehicles in April, an increase of 18.7% year-on-year; the sales of Lynk & Co brand was 27,600 vehicles, an increase of 47% year-on-year.

In addition, Great Wall Motors, Cialis, BAIC Blue Valley and the new force "Zero Liwei" all achieved sales growth in April. Among them, Leapmotor delivered 41,039 vehicles in April, an increase of more than 173% year-on-year; from January to April, a total of 128,591 vehicles were delivered, an increase of 165.60% year-on-year. The Leapmotor B10, which was launched on April 10, has achieved batch delivery of 10,000 vehicles, and one of the two B10s is equipped with lidar, with mid-to-high-end models accounting for as much as 95%.

Entering May, Leapmotor continued its previous performance. "May Day Labor Day, fruitful results were achieved in 5 days, and it repeatedly hit new highs. The total order exceeded 18,000+; it exceeded 3,700+ per day, and the C11 single product exceeded 1,000+ per day." On May 6, Zhu Jiangming, chairman of Leapmotor, posted the order situation during the May Day holiday on the first day of resumption of work.

Changan Automobile, Dongfeng Group and GAC Group are currently dragged down by joint venture brand fuel vehicles and still saw sales decline in April. In order to catch up quickly, GAC Group launched a series of promotional activities during the May Day holiday. GAC Aion has carried out more than 670 auto shows and offline interactive activities across the country, and received more than 8,000 orders, an increase of more than 10% year-on-year; GAC Trumpchi participated in more than 20 regional auto shows across the country, and launched limited-time car purchase preferential policies covering the entire vehicle series, with a total of 12,295 orders, an increase of 10% year-on-year.

"Powered by the national consumption promotion policies of multiple provinces and cities, offline activities of the May Auto Show continue to activate the market atmosphere and will accelerate the increase in popularity." Cui Dongshu said that against the background of the increasingly rich brand product matrix, the new car launches at the Shanghai Auto Show are mild, and most of the independent new power brands are released for mid-to-high-end models. Joint venture models are the first to launch surprise prices for new energy listings. "The growth of the auto market in May is expected to be relatively stable."

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