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According to the latest sales figures released by the China Automobile Association, car sales in China in November were 2.457 million, down 3.6% from a year earlier, with cumulative sales of 23.11 million vehicles from January to November, a year-on-year total of 9.1%.

Under the cold winter season of the car market, a total of 7.478 million Chinese brand passenger cars were sold from January to November, down 16.9 percent from the same period last year, accounting for 38.9 percent of the total passenger car sales, and the share decreased by 3.0 percentage points compared with the same period last year.

According to the top 15 ranking of Chinese brand passenger car sales from January to November, a total of 12 Chinese car companies showed a year-on-year decline in sales, while only three achieved year-on-year growth, namely Great Wall, Chery and FAW.

According to the published rankings, the top five in terms of sales are SAIC, Geely, Great Wall, Changan and Chery, among which SAIC and Geely are the 15 Chinese car companies with sales of more than 1 million.

According to the published sales data, the sales of SAIC, Geely and Changan fell by double digits compared with the same period last year, of which SAIC accumulated sales of 1.724 million vehicles from January to November, down 19.65 from the same period last year; Geely sold 1.234 million vehicles from January to November, down 13.6% from the same period last year; Changan Motor sold 725000 vehicles from January to November, down 18.4% from the same period last year.

Great Wall Motor and Chery Motor increased year-on-year, of which Great Wall Motor sold 821000 vehicles in the January-November period, up 3.3 per cent year-on-year. Among them, the Harvard brand is the main sales force of Great Wall, with cumulative sales of 691000 vehicles from January to November.

Chery's cumulative sales from January to November were 557000, up 2.4 per cent from a year earlier. Among them, Ruihu 8, Erize and Jetta are the main sales force of Chery, with November sales of 13549, 12057 and 14299 respectively.

The fifth to 10th Chinese brands in terms of sales are Dongfeng Automobile, BYD Automobile, BAIC, GAC GROUP and FAW. Among the above auto companies, FAW only ranked 10th in year-on-year growth.

In terms of growth rate, the sales of Dongfeng Motor, BYD Automobile, BAIC and GAC GROUP declined compared with the same period last year. Except for BYD Automobile, the sales of the other three car companies decreased by double digits compared with the same period last year. Dongfeng Automobile, BYD Automobile and GAC GROUP's cumulative sales from January to November were 725000, 480000, 361000 and 351000 respectively. Year-on-year decreases of 18.4%, 17.8%, 26.1% and 27.9%, respectively.

FAW Group is the only car company that has achieved a year-on-year increase in sales, with a total sales of 205000 vehicles from January to November, an increase of 14.5% over the same period last year. Although sales are not the highest, they have the highest growth rate among the 15 car companies. The growth of FAW Group's sales is mainly due to the rise of the Red Flag brand. Red Flag cars sold a total of 88000 vehicles from January to November, an increase of 211% over the same period last year, making a great contribution to FAW Group's sales.

The Chinese car companies ranked 11th to 15th in terms of sales are brilliance, Zhongtai, Jianghuai, Huatai and Southeast Motor, with Zhongtai and Huatai being the worst.

Zhongtai Automobile used to be a well-known car company, now heavily in debt, can not help but boast!

According to sales data, Zhongtai accumulated sales of 150000 vehicles from January to November, down 35.9% from a year earlier.

Entering 2019, Zhongtai Motor has encountered great difficulties in its operation. according to the financial report released by Zhongtai Automobile, the company's operating income in the first three quarters was 5.401 billion yuan, down 59.59 percent from the same period last year, and the net profit of shareholders belonging to listed companies lost 760 million yuan. Down 283.02% from the same period last year.

Due to poor management and huge losses, Zhongtai Motor has owed payments to more than 10 suppliers, including Bic Battery, Chongqing Jiangda Aluminum Alloy Wheel Co., Ltd., Hefei Sunshine Electric Power Technology and so on. Due to the inability to repay the supplier on time, a number of companies have sued Zhongtai Motor to the court, demanding that it repay the amount owed.

In addition, the production of Zhongtai Automobile has stagnated, the factory is in a state of semi-shutdown, the distributor also has no cars to sell, the operation of its Junma car is also difficult, the Junma car dealer withdraws from the net, and the factory shuts down the company.

Compared with Huatai Automobile, Zhongtai Motors' situation is not the worst. It is understood that Huatai Motor's three major production bases in Tianjin, Rongcheng and Ordos have stopped production, and its dealers have no cars to sell or close. In addition, the company's internal employees and even senior executives did not get the company for many months, and the cumulative arrears of wages were as high as 7 million yuan. Dealers and workers went to the company many times to urge money to protect their rights, but they all got no results. In addition, Huatai Motor's dawning shares have been frozen by the court many times. At present, Huatai Motor has been stuck in a quagmire.

Sales figures show that cumulative sales from January to November were 39000 vehicles, down 63.7 per cent from a year earlier.

Southeast Motor sold only 28000 vehicles from January to November, down 66.4 per cent from a year earlier. As an old automobile enterprise, many owners of Southeast Automobile have reflected that there are some problems such as abnormal noise of doors and windows, failure of body accessories and oil leakage, especially the steering failure of some vehicles. has seriously affected the safety of vehicles. In addition, technological research and development has not been accumulated, leading to the continued marginalization of Southeast Motor.

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