China's automobile production in March was 2.387 million units, down 4.9% y/y

A few days ago, the National Data Network of the National Bureau of Statistics released the output and growth rate of China's main industrial products in March 2022, sorted out by the cable network, in March, China's automobile production was 2.
387 million units, down 4.
9% year-on-year.

Among them: production of basic passenger cars (cars) was 837,000 units, down 4.
3% y/y.
Production of sport utility vehicles (SUVs) decreased by 3.
8% y/y to 850,000 units.
Production of trucks decreased by 29.
6%
y/y to 350,000 units.

From January to March, China's automobile production was 6.
673 million units, a year-on-year increase of 4.
9%.

Among them: production of basic passenger cars (sedans) was 2.
417 million units, a year-on-year increase of 4.
8%; Production of sports utility vehicles (SUVs) was 2.
504 million units, up 11% y/y.
Production of trucks decreased by 26.
2%
y/y to 898,000 units.