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According to the China Automobile Association, China's cumulative car production and sales from January to June 2020 were 10.112 million and 10.257 million, down 16.8 per cent and 16.9 per cent respectively from a year earlier. According to the market share of various factions announced by the association, the market share of self-branded passenger cars still ranks first, but the share has dropped to 36.3%.

Facts have proved that due to the continuous decline of China's car market, the superimposed impact of the COVID-19 epidemic, and the accelerated layout of foreign car companies in China, many car companies showed weakness in the first half of this year. The total sales of Chinese brand passenger cars in the first half of this year was 2.854 million, down 29.0% from the same period last year.

According to the ranking of Chinese car companies in the top 15 of Chinese brand passenger car sales from January to June 2020 released by the China Automobile Association, only three car companies have achieved sales growth, namely Changan, FAW and Weichai.

Among the top five Chinese car companies by sales, SAIC, Geely, Great Wall and Chery have all declined to varying degrees, and the only one that has achieved year-on-year growth is Changan Automobile.

Specifically, SAIC's cumulative sales in the first half of the year were only 574000, down 35.9% from the same period last year; Geely's cumulative sales were 530000, down 18.9% from the same period last year; and Great Wall and Chery's cumulative sales in the first half were 299000 and 200000 respectively, down 30.2% and 25.7% respectively.

Changan Automobile is the only car company to achieve sales growth, with cumulative sales up 1.9 per cent to 396000 vehicles in the first half. Although the growth rate is only 1.9%, compared with the car companies that have declined under the influence of the epidemic and the car market downturn, the 1.9% growth rate is also commendable.

The increase in Changan automobile sales was mainly due to the strong output of Changan CS series and Yap models, of which CS75 sold 109553 vehicles in the first half of the year, CS35 sold 50307 vehicles and Changan Yap models sold 53745 vehicles in the first half of the year.

The top 5-10 car companies by sales are Dongfeng, BYD, Guangzhou Automobile, FAW and BAIC. Among the above, FAW is the only one that has achieved a proportional increase in sales.

Specifically, Dongfeng's cumulative sales in the first half of the year were 164000, down 33.4% from the same period last year; BYD's cumulative sales were 157000, down 30.2% from the same period last year; and GAC and BAIC's cumulative sales in the first half of the year were 142000 and 73000 respectively, down 25.4% and 67.1% respectively, with BAIC leading the decline in the first 15 years.

FAW Group's cumulative sales increased by 28.0% to 119000 vehicles in the first half of the year. FAW Group was able to achieve nearly 30% sales growth in the first half of the year, mainly due to the counter-trend growth of New Red Flag and New Pentium brands. In the first half of the year, FAW Hongqi and FAW Pentium sales were 70045 and 48650 respectively, up 110.7 per cent and down 2.8 per cent respectively. With the improvement of the national consumption level, the recovery of the automobile market will drive the improvement of sales. In addition, the successive introduction of new products will also lead to the sustained growth of sales.

The Chinese car companies ranked 11-15 in sales were brilliance, Jianghuai, ideal, Weichai and Weima, among which Weichai achieved a substantial increase in sales.

Two of the five Chinese car companies have new power brands on the list, of which ideal car sales were 10000 in the first half of the year, while Weimar fell 12.1 per cent to 8000 in the same period last year. It is not clear why Lulai did not appear on the list.

Weichai is the only car brand to achieve growth, with sales up 117.0 per cent to 9000 units in the first half. For most consumers, Weichai may not be familiar with it. In the field of passenger cars, Weichai Automobile is even less well-known than Lifan and Zhongtai, because Weichai is mainly developed in the field of commercial vehicles, while it is almost a rookie in passenger cars.

In November 2019, Weichai launched a new brand VGV and brought its first model, the Weichai U70. Weichai U70 locates medium-sized SUV with an official guiding price of 6.9-110900 yuan. In terms of power, the Weichai U70 is equipped with a 1.5T four-cylinder turbocharged engine provided by Dongan Mitsubishi, with a maximum horsepower of 110kw and a peak torque of 210N ·m.

The grim situation of the automobile market in the first half of 2020 is obvious to all, and the sales volume of many car companies have declined in the cold winter. For many independent brands, how to achieve a sales break in the second half of the year is still a difficult problem. The Federation of passengers said today that the negative impact of the epidemic, the economy and the environment of the car market will improve in the second half of the year, and the passenger car market is expected to become regular in the first half of the year compared with the same period last year, but there is greater pressure. Considering many factors, the passenger car market is expected to decline by 11% in 2020 compared with the same period last year.

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