AutoBeta(AutoBeta.net)01/27 Report--

Affected by the spread of COVID-19, various market economies will be affected, and the automobile market, which is already in a downward trend, will undoubtedly become "even worse". In view of this, Cui Dongshu, secretary general of the Federation of passengers, believes that the pneumonia epidemic has a great impact on the car market.

The outbreak of the virus this year is similar to the SARS outbreak in 2003, which is due to the increasing number of infected people. In this environment, all kinds of industries and markets will be affected to a certain extent. However, in previous years, after the outbreak of SARS in 2003, the consumer demand of the car market still maintained a strong growth trend. Because SARS was in the period of high economic growth and the outbreak of private cars after China's entry into the WTO in 2003, the car market was not greatly affected, and the automobile market achieved high explosive growth in the next few years.

On the contrary, this year, the automobile market has experienced the third year of continuous decline for two consecutive years. It was originally expected that the number of working days in January this year would be reduced due to the impact of spring break. However, affected by the epidemic, the General Office of the State Council has issued a notice on extending the Spring Festival holiday in 2020. For this reason, the number of working days will be reduced again in January this year, and sales in January will decline further.

Secondly, affected by the epidemic, the "worst-hit area" hit by COVID-19 is located in Wuhan, Hubei, and Wuhan is one of the four major passenger car bases in China, bringing together the five major car systems of the United States, Japan, France, Britain, and China. It has become the city with the most complete car system layout of the automobile industry in the country, with many car manufacturers and auto parts manufacturers, including Shenlong, SAIC General Motors, Dongfeng Honda, and so on.

Because the spread of the epidemic is mainly caused by "human-to-human transmission", in order to respond to the national call to protect the safety of production personnel, car companies may postpone their production plans, along with the postponement of production of various spare parts and car companies. it will also affect the production plans of car companies across the country. In addition, as it takes some time for some employees to leave and re-recruit on the occasion of the traditional New year in China, sales in February will be affected by many factors.

It is understood that at present, Dongfeng commercial vehicles, headquartered in Shiyan City, Hubei Province, have taken the lead in adjusting their production and management plans, and subordinate units have delayed the start-up time of post-holiday production. In the follow-up, the supply chain management department of Dongfeng commercial vehicles will determine specific production arrangements according to production conditions, and other car companies may immediately carry out planning arrangements.

Japanese car companies that originally had less inventory and different car companies that fixed production by sales will also be delayed with the postponement of production plans, and the delivery plans to customers will also be delayed. In addition, affected by the overall car market, some car companies have chosen to cut production in order to reduce inventory, but now, inventory replenishment in February will also be affected.

Obviously, the car market, which continues to decline, will be affected by the epidemic again at the beginning of this year, and the impact time of the epidemic cannot be predicted. The automobile era caused by the SARS epidemic in previous years is completely different from what it is today, so the decline in the auto market may intensify due to the market performance in the first two months of this year.

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