According to data from the China Association of Automobile Manufacturers, China produced 2.187 million vehicles and 2.194 million vehicles in May, an increase of 4% and 5.9% from the previous month, up 18.2% and 14.5% year-on-year, respectively, and completed 7.777 million vehicles from January to May. With 7.957 million vehicles, the production and sales volume decreased by 24.1% and 22.6% year-on-year respectively. In the month, China's entire automobile industry used 261,200 tons of aluminum, of which 229,200 tons were used for passenger cars, 38,300 tons were used for commercial vehicles, and 931,700 tons were used in January-May, of which 798,800 tons were used for passenger cars, commercial Automotive aluminum is 132,900 tons.

In May, the production and sales of passenger cars were 1.606 million units and 1.674 million units respectively, up 4.5% and 8.9% quarter-on-quarter and 11.2% and 7.0% year-on-year respectively. The growth rate has changed from negative to positive. From January to May, the production and sales of passenger vehicles were 5.955 million and 6.109 million, respectively, down 29.1% and 27.4% year-on-year.

In May, the production and sales of commercial vehicles were 527,000 units and 522,000 units respectively, with production up 2.5% month-on-month and sales down 2.6% month-on-month; year-on-year growth was 47.7% and 48.0% respectively. From January to May, the production and sales of commercial vehicles were 1.832 million and 1.848 million, respectively, down 1.4% and 1.0% year-on-year.

In May, the production and sales of new energy vehicles were 84,000 and 82,000, respectively, down 25.8% and 23.5% year-on-year. From January to May, the production and sales of new energy vehicles were completed at 295,000 and 289,000 units, down 39.7% and 38.7% year-on-year respectively.

Outlook for June: Since March, China’s epidemic situation has been basically controlled, and automobile production and sales have gradually recovered. In addition, policies for promoting automobile consumption have been implemented in various places. The suppressed demand in early April and May has been gradually released, which also led to the May automobile production and sales data. Good, but automobile production and sales will return to the normal level again in June. Considering that the impact of the epidemic has not been completely eliminated, the economic growth rate has fallen and the impact of the traditional low season of consumption, it is expected that the year-on-year growth rate of automobile production and sales will not be too high in June this year. It is estimated that the aluminum consumption of the whole industry in June is expected to reach about 290,000 tons.

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