AutoBeta(AutoBeta.net)03/09 Report--

According to the latest data released by the Federation of passengers, the retail volume of narrow passenger cars in China was 1.177 million in February 2021, an increase of 371.9% over the same period last year and a decrease of 45.5% from the previous month.

The month-on-month drop and year-on-year rise has become common, but it doesn't make much sense. Due to the impact of the epidemic, almost the entire car market was paralyzed in February 2020, and the sales volume of the domestic narrow passenger car market rose sharply in February this year. At the same time, affected by the Spring Festival holiday, the number of legal working days decreased significantly in February, which was significantly lower than that in January. However, the performance of the car market in February was normal, the same as in 2019.

Although a number of car companies achieved substantial year-on-year growth in February, the competition among the major car companies during the month is still fierce, and the ranking of the top 10 car companies in China has also been greatly adjusted.

According to the ranking, the top three car companies are FAW-Volkswagen, SAIC-Volkswagen and Changan Automobile. FAW-Volkswagen is the only car company with sales of more than 100000 vehicles, but Changan Automobile is more outstanding. The retail volume of SAIC-Volkswagen and Changan Automobile are 99000 and 97000 respectively, the performance of the two car companies is basically the same, but the performance of Changan Automobile is more eye-catching by comparison, although it is not as good as SAIC-Volkswagen, but after surpassing Geely last month, it has surpassed SAIC-GM to advance to the top three. Changan Automobile's CS75 series, Yitou, UNI-T and other models continue to grow. If Changan Automobile can continue to grow, SAIC-Volkswagen may be overtaken by Changan Automobile.

In the past, the top three car companies were basically North-South Volkswagen and SAIC GM, but this month SAIC GM was overtaken by Changan Automobile, which is still surprising. The data show that SAIC GM's retail volume was 79000 vehicles in February, a gap of 18000 vehicles compared with Changan Motors. Why SAIC GM has this disadvantage may only be known by manufacturers. SAIC GM owns Buick, Chevrolet and Cadillac brands, but so far no specific sales have been announced, and the performance of the three brands is somewhat unsatisfactory.

Sales of Geely Motor, Great Wall Motor and SAIC GM Wuling were basically the same, ranking fifth, sixth and seventh respectively. Geely ranked fifth with retail sales of 70000 vehicles in February, but was still overtaken by Changan Motor. Geely launched the Xingrui model in 2020 and will launch the Xingyue L this year, which may give a further boost to its sales.

The retail volume of Great Wall cars was 68000, mainly due to the continued hot sales of the Harvard brand, while the Harvard brand benefited from the hot sales of Harvard H6, Harvard M6, Harvard F7, Harvard Dog and other models. Although the Harvard H6 continues to be the top seller in the SUV market, there are not many best-selling models, and Great Wall will launch WEY Mocha, WEY macchiato, Harvard Red Rabbit and other models this year, which will also give a further boost to sales.

As a car company committed to the development of the MPV market, SAIC GM Wuling Capitol launched in 2020 began to replace Wuling Hongguang to occupy the middle-end MPV market, while Hongguang MINIEV occupied the low-end new energy market at a lower price and topped the list of new energy vehicles for many months. It is understood that the new Hongguang MINIEV will be officially launched on March 28th.

The ranking of Japanese brands has changed greatly. Dongfeng Nissan retail volume for 64000 vehicles in February, mainly relying on Xuanyi, Teana, Xiaoke, Qijun and other models to maintain, the ranking fell from the sixth in January to eighth. This month, Toyota's two joint ventures were close to the top 10, while Honda's two joint ventures fell out of the top 10, the opposite of previous performance, with Guangzhou Auto Toyota at 51000 and FAW Toyota at 49000. It is understood that Toyota will have a number of new cars on the market this year, among which the Asian Lion will be the first to start Toyota's product expansion in China and will be officially launched on March 29, positioning the A+ class sedan.

The above is a list of the top 10 car companies. Overall, although the sales of car companies generally declined due to the Spring Festival holiday in February, the competition during the month was still fierce. Changan Automobile was one of the brighter car companies on the list, surpassing Geely and SAIC GM in a row. In contrast, the ranking of Japanese car companies has changed a lot. Dongfeng Nissan is ahead of Toyota Honda JV, which is fiercely competitive at home and has changed positions in the top 10 many times.

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