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In the ranking of sales of independent-brand car companies, only two of the top ten companies increased.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)12/11 Report--

According to the top 15 Chinese brand passenger car sales list released by the China Automobile Association from January to November 2020, under the influence of the epidemic domestic market environment, the cumulative sales of most Chinese brands declined, and only four achieved year-on-year growth.

Judging from the ranking from January to November, a number of autonomous car companies have declined to varying degrees. Sales of brands such as SAIC, BYD and Dongfeng Motor have all declined by more than double digits. Among the top 10 car companies, only Changan and FAW have achieved sales growth, with an increase of more than 20%.

SAIC's independent plate is mainly composed of Roewe, Mingjue, Wuling, Baojun, Chase MAXUS and other brands, with cumulative sales of 1.509 million vehicles this year, down 12.5% from the same period last year. Data show that SAIC passenger car sales in the first 11 months were 554400, down 6.96% from a year earlier, while SAIC GM Wuling retail sales were 689500, down 20.8% from a year earlier.

Geely, in second place, saw its cumulative sales fall 5.5 per cent to 1.166 million in the first 11 months, and Geely needs to sell 154000 vehicles in the last month to successfully meet its annual sales target of 1.32 million. December is the traditional winter peak sales period, in Xingrui, Dihao and other model sales growth, Geely is still expected to break through last year's sales level.

Changan independent brand sales are very eye-catching, with cumulative sales of 900000 vehicles in the first 11 months, an increase of 24% over the same period last year. Changan independent passenger car plate is composed of Changan and Auchan, among which Changan CS75, Changan Yiyou and Changan UNI-T are the main best-selling models, and the CS75 series sold 238100 cars during the year.

Great Wall's cumulative sales in the previous November were 758000, down 7.7 per cent from a year earlier. With the launch of new products such as the new Harvard H6, the Harvard Dog and the Euler Black Cat, Great Wall sales have also seen double-digit growth and are expected to reach the level of the same period last year. Chery, as an established independent car brand, has accumulated sales of 539000 vehicles, down 3.3% from the same period last year. Chery has also performed quite well in recent months. Ruihu 8, Ruihu 7 and Ruihu 5X have become the main models of Chery sales.

Except FAW Group, BYD, Dongfeng Motor, BAIC and Jianghuai Motor all slipped in the 6-10 ranking.

BYD's cumulative sales of 365000 vehicles fell by 11.5%, mainly because BYD's new energy sales fell sharply in the second half of the year, which in turn affected overall sales. Dongfeng Motor Group's independent business includes Fengshen, Fashion and Scenic Brand. The group's cumulative sales in the first 11 months were 348000, a decline of 27.5%. At present, the sales of Dongfeng independent plate is relatively low, and the sense of existence in the market is also relatively low.

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FAW Group accumulated sales of 252000 vehicles in the previous November, an increase of 22.9%. FAW Group was able to achieve sales growth mainly by the Red Flag brand, which reached 178100 vehicles this year, an increase of 102% over the same period last year. The current development of the Pentium brand is not very optimistic and has declined for many months.

For other car companies, GAC GROUP sold a total of 323000 vehicles, down 8% from the same period last year, mainly engaged in the two brands GAC MOTOR and GAC NE. JAC sales fell 7.7% during the year, and because Lulai was manufactured through JAC, sales were counted as JAC, with cumulative sales of 36700 vehicles in the previous November.

The 11-15 rankings are BAIC, brilliance, ideal Automobile, Weima Automobile and Weichai Automobile respectively. BAIC's independent businesses include Beijing brand, BAIC New Energy, BAIC Foton, etc., and sales fell 63.5% to 132000 vehicles in the first November. BAIC's own brand remains in the doldrums, with BAIC New Energy falling by more than 70% in the previous November.

The same is true of brilliance's own brand, which fell by 19.2%. On November 20, brilliance Group officially went bankrupt and reorganized, and was placed on file for investigation by the China Securities Regulatory Commission. The cumulative sales of ideal Automobile and Weima Automobile, the new force of car building, both exceeded 20,000 units, of which Weima Motor increased by 29.6%.

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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. In the first 11 months of this year, Chinese brand passenger car sales totaled 6.703 million, down 10.7 per cent from a year earlier, with a market share of 37.7 per cent, down 1.3 per cent from a year earlier.

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