AutoBeta(AutoBeta.net)02/09 Report--

In 2021, many car companies, including Changan, Geely, Great Wall and so on, achieved year-on-year growth in sales, indirectly reflecting the hot consumption of new cars near the Lunar New year. According to the latest data released by the Federation of passengers, the retail volume of narrow passenger cars in China was 2.16 million in January 2021, up 25.7% from the same period last year and down 5.5% from the previous month.

The year-on-year increase of 25.7% is almost the highest since the outbreak last year. Of course, there is also some "moisture" behind this strong growth rate. For example, the Spring Festival in 2020 is in January, car companies have significantly fewer working days in January, and January this year is a complete natural month for sales. this is the main reason for the sharp increase in car companies' sales. Predictably, the growth of head car companies remained strong in February this year, due to the basic shutdown of the national automobile industry due to the epidemic last year.

Although a number of car companies achieved substantial growth in January this year, there was also a major reshuffle in the ranking of the top 15 car companies. From the ranking point of view, the top three car companies are still FAW-Volkswagen, SAIC-Volkswagen and SAIC-GM, with sales of more than 150000 vehicles all achieving year-on-year growth. However, FAW-Volkswagen leads SAIC-Volkswagen by 67000 vehicles, while SAIC-Volkswagen leads SAIC GM, but the difference between the two is only 15000 vehicles, which is likely to be overtaken at any time. This is one of the trends in the reshuffle of car companies.

The fourth and fifth places came from independent brands, respectively. Changan Automobile and Geely Motor sold 147900 and 146000 vehicles respectively, up 96.7% and 33.5% respectively from the same period last year. From the most intuitive point of view, Changan Automobile successfully overtook Geely Automobile in January to become the sales champion of its own brand. Changan Automobile led the market with a higher growth rate in 2020, thanks to the hot sales of Changan CS75 series, UNI-T, Changan Escape and other models, surpassing Geely cars also seemed to be expected. This is the second trend of the big reshuffle of car companies.

In addition, we can also see that Changan Automobile not only surpasses Geely cars, but also has a gap of only 2000 vehicles with SAIC GM. Under the sustained high growth, it seems that there is a trend of overtaking SAIC GM. This is the fourth trend of a major reshuffle by car companies.

For other independent brands, the retail volume of Great Wall cars was 109400 in January, up 72 per cent from a year earlier. SAIC GM Wuling mainly relies on Wuling Hongguang MINI EV, Wuling Hongguang and Wuling Capgemini models, with sales of 103900 vehicles in the month, an increase of 29.7% over the same period last year. In addition, Chery is also on the list, with sales of only 65200 vehicles, but its year-on-year growth rate of 67.6% is better than that of other car brands.

In terms of Japanese brands, Nissan JV is still ahead of Honda and Toyota. Dongfeng's daily production and sales volume was 124100, an increase of 22.5% over the same period last year, which was mainly maintained by Xuanyi, Teana, Xiaoke, Qijun and other models, of which the monthly sales of Xuanyi models were 52800.

Honda's joint venture in China has changed a lot. Generally speaking, there is little difference in sales between Dongfeng Honda and Guangzhou Auto Honda, but the sales gap between the two joint ventures reached 22000 vehicles in January. Dongfeng Honda increased by 22.5 to 90100 vehicles compared with the same period last year, while Guangzhou Honda fell 12.2% to 67300 vehicles year-on-year, becoming the only brand to decline. This is the fifth trend of the big reshuffle of car companies.

By contrast, the gap between Toyota's joint ventures in China is relatively small. GAC Toyota's sales rose 28.5% to 87400 vehicles, while FAW Toyota rose 20.8% year-on-year to 75700 vehicles. With GAC Honda's decline, GAC Toyota once again advanced into the top 10.

In terms of luxury brands, Beijing Mercedes-Benz sold 80700 vehicles, up 28.5% from a year earlier. Brilliance BMW had 74000 vehicles, up 53 per cent from a year earlier. Beijing Mercedes-Benz leads brilliance BMW in sales, but brilliance BMW is growing faster than Beijing Mercedes-Benz.

Generally speaking, the head car companies FAW-Volkswagen, SAIC-Volkswagen and SAIC-GM have a big advantage over other brands, but with the continuous growth of sales of their own brands, it is possible to surpass them at any time.

Cui Dongshu, secretary-general of the Federation, said that in view of seasonal factors such as the approach of the Lunar New year, as well as many car companies shifting some of their December sales, the overall market performance in January was relatively stable and the success of a good start was not very good. Judging from the development trend of the whole year, there will be a good book data in the first half of the year, but the performance of car companies in the second half of the year is more worthy of attention.

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