AutoBeta(AutoBeta.net)11/07 Report--

A few days ago, the China Association of Automobile Manufacturers announced that domestic car sales are expected to complete 2.544 million units in October, an increase of 11.4 percent over the same period last year. It can be seen that the car market sales also continued to maintain an upward momentum in the last quarter, further recovering the market sales lost in the first half of the year.

Judging from the ranking of sales, SAIC's independent sector is still in the lead, but it is still down 7.65%. Geely's sales exceeded 1 million in October, but still fell by 6.69%. On the whole, most car companies are still slipping down.

Although SAIC ranked first in sales of its own brands, cumulative sales from January to October fell 7.65 per cent to 1779027, a decrease of 147352 compared with the same period last year. SAIC's independent business is mainly composed of Roewe, Mingjue, Wuling, Baojun, Chase and other brands, of which SAIC passenger car sales (Roewe and Mingjue) accumulated 473649, down 11.02% from the same period last year; SAIC GM Wuling sold 1164040 vehicles, down 8.86% from the same period last year; although SAIC Chase is small, it is the only independent brand that has achieved growth, with cumulative sales up 20.93% to 141338 vehicles in the first 10 months.

Geely, which ranked second, saw its cumulative sales fall 6.69% to 1015498 vehicles in the first 10 months. Geely has now reached its annual sales target of 1.32 million vehicles by 76.93%, which means Geely needs to sell more than 300000 cars in the last two months. Still have to face tremendous sales pressure. Of course, Xingrui listing may also bring good sales performance for Geely, the later performance of Geely is still worth looking forward to!

The sales of Changan's own brand are very bright, with a cumulative sales increase of 23.53% to 822300 vehicles from January to October. Changan independent plate includes Changan brand, Changan Auchan and Changan Kaicheng, among which Changan CS75, Changan Yiyou and Changan UNI-T are the main sales force of this plate.

Great Wall mainly focuses on the SUV and pickup markets, with sales of 816249 vehicles in the first 10 months, down 2.73% from a year earlier. Great Wall has four major brands: Harvard, WEY, Great Wall pickup and Euler. In SUV, the Harvard brand is the main source of sales, with cumulative sales of 542931 vehicles in the first 10 months, but a decline of 10.66 per cent. In the pickup market, Great Wall cannon sales continued to grow, with Great Wall pickup sales increasing by 58.18%.

Chery, as an established independent car brand, owns Chery, Jettos, Kairui and Xingtu brands, with cumulative sales of 405530 vehicles from January to October (estimated), an increase of 17.21% year-on-year (estimated). In terms of specific models, Ruihu 8, Ruihu 7, Ruihu 5X and other models are the main sales models of Chery, which have all achieved year-on-year growth in recent months.

In the 6-10 ranking, Jianghuai and Jiangling achieved sales growth, while BYD, Guangzhou Automobile and Haima all declined.

JAC ranked fifth in sales, with a cumulative increase of 6.24% to 375592 vehicles. Jianghuai Automobile has Ruifeng, Jiayue, Jianghuai, Shuai Ling, Kangling and other brands, commercial vehicle sales are higher than passenger cars. In the field of passenger cars, Jianghuai and Volkswagen established the Sihao brand, but sales are very depressed and almost negligible, with sales of 122801 Jianghuai passenger cars from January to October.

BYD ranked fifth, with cumulative sales of 316707 vehicles from January to October, down 15.98% from a year earlier, slightly more than other brands. Specifically, BYD's cumulative sales of new energy fell 34.62% to 134158, while BYD's fuel-fueled vehicles rose 6.30% to 182549. According to the sales level of BYD last year, it still has a distance of 144692 vehicles, and the sales pressure is huge.

GAC's own brand, which mainly deals with Chuanqi brand and GAC NE brand, sold 274632 vehicles from January to October, down 10.45% from the same period last year. GAC MOTOR in addition to Chuanqi GS4, other model sales are general, GAC Aion S basically maintained at the level of 4000.

In addition, Jiangling's cumulative car sales from January to October were 11.15% to 254824, while Haima fell 54.29% to 10626.

Nowadays, with the increasing competition environment in the automobile market, independent car companies are facing greater market problems, especially in the field of passenger cars, independent car companies are under increasing pressure from joint venture car companies to reduce prices. At present, car companies, including Changan Automobile, SAIC and BAIC, all plan to close the gap in independent sales in the market through higher-level models or brands. For independent brands, the upward road of brands is imperative, but it is also difficult and dangerous.

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