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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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AutoBeta(AutoBeta.net)04/21 Report--
According to Chinanews.com, at the online media briefing held by the Guangzhou Municipal Bureau of Industry and Information Technology on the 21st, it was learned that the epidemic situation and rising prices of raw materials had a significant impact on the production of Guangzhou's automobile industry. Guangzhou Automobile Honda, Guangzhou Automobile Toyota, Dongfeng Nissan and other major vehicle production enterprises have halted production lines and halted production.
Guangzhou Honda Automobile Co., Ltd. was established on July 1, 1998. an enterprise jointly invested and operated by Guangzhou Automobile Group Co., Ltd., Honda Technology Research Industry Co., Ltd. and Honda Technology Research Industry (China) Investment Co., Ltd., according to the share ratio at 50:40:10, the term of the joint venture is 30 years. At present, Guangzhou Auto Honda has Huangpu plant, Zengcheng factory and the third factory and engine factory in Guangzhou.
Guangzhou Automobile Toyota Motor Co., Ltd. was established on September 1, 2004. it is an enterprise jointly invested and operated by Guangzhou Automobile Group Co., Ltd., Toyota Motor Co., Ltd., Toyota Motor (China) Investment Co., Ltd. according to the share ratio of 50:30:20. The term of the joint venture is 30 years. At present, Guangzhou Auto Toyota has only one vehicle manufacturing plant in Guangzhou, which is located in Nansha District of Guangzhou City.
Guangzhou Auto Honda and Guangzhou Automobile Toyota are joint venture brands of GAC GROUP and are also the main sources of GAC GROUP's sales. Data show that GAC GROUP's cumulative car sales in 2021 rose 4.92% year-on-year to 2.144 million vehicles, of which Guangzhou Auto Toyota increased 8.23% year-on-year to 828000 vehicles, while Guangzhou Auto Honda fell 3.17% to 780000 vehicles. GAC GROUP's cumulative car sales in the first quarter of 2022 increased by 22.48 per cent year-on-year to 608000 vehicles, of which Guangzhou Auto Toyota and Guangzhou Automobile Honda increased by 23.44 per cent to 247000 and 16.75 per cent to 212000 respectively. The two joint ventures accounted for 75 per cent of the group's total sales.
Dongfeng Nissan is one of the passenger car brands of Dongfeng Motor Co., Ltd. (DFL), which was established on June 9, 2003 as a joint venture between Dongfeng Automobile Group Co., Ltd. and Nissan Motor Company at 50:50. Although it is a brand of Dongfeng Automobile Co., Ltd., it is headquartered in Huadu District, Guangzhou City. The Huadu factory is the earliest factory and the largest production base of Dongfeng Nissan. The factory is composed of a factory and a second factory. It covers an area of 2.475 million square meters and mainly produces compact cars and entry-level models, including Xuanyi, Quanta, Sunshine and other models. Similarly, Dongfeng Nissan is also the main source of sales of Dongfeng Automobile Group. Cumulative sales of Dongfeng Nissan (including Qichen) fell 11.04% year-on-year to 1.067 million vehicles in 2021, and cumulative sales of Dongfeng Nissan (including Qichen) increased 5.5% to 273000 vehicles in the first quarter of 2022, accounting for 37.3% of the group's total sales.
Since mid-March, the recurrence of the epidemic in Hong Kong and some mainland cities and the escalation of prevention and control have had a great impact on the supply chain of key industrial and information enterprises in Guangzhou and had a great impact on the development of industrial economy. A relevant official of GAC GROUP said that local infections occurred one after another in Shanghai, Jiangsu, Zhejiang, Guangdong and other places, resulting in the suspension of production and business of many parts suppliers and sales stores, which brought great challenges to the production and operation of GAC GROUP and his investment enterprises.
From 0 to 24:00 on April 20, 31 provinces (autonomous regions, municipalities directly under the Central Government) and Xinjiang production and Construction Corps reported 2830 new confirmed local cases, including 2634 in Shanghai and 16552 new cases of local asymptomatic infection, including 15861 in Shanghai, 261 in Jilin and 16552 in Jiangsu, according to the latest report on the official website of the National Health Commission. At present, Shanghai is still an important gateway for epidemic prevention and control.
Shanghai is a central city that integrates import and export, sales and research and development. it is the core center of China's high-end auto parts enterprises and plays an important role in China's automobile industry. Affected by the epidemic in Jiangsu, Zhejiang and Shanghai, including Marelli, Japanese SL, Bentler, Ambofo, Ebeh, Autolev, Schaeffler, Cortessellon, Corex, Bondi, Valeo, Zaifu, mainland, Mahler, Denso, Qunsheng Electronics, Sumitomo, Hella, Fogia, Lear, Yanfeng, etc., were forced to stop production. Although the government level and vehicle enterprises, supply chain enterprises and supporting enterprises are working together actively to ensure the resumption of upstream automobile manufacturing, the production situation is still not optimistic in a short period of time.
Retail sales in the narrow passenger car market averaged 27000 vehicles a day in the second week of April, down 39 per cent from a year earlier and 33 per cent lower than the average in the second week of March, according to the Federation of passengers. Retail sales averaged 25000 vehicles a day in the first two weeks of April, down 35% from a year earlier, reflecting relatively low demand amid recent complex outbreaks. With regard to the indication of the domestic car market in the second quarter, Cui Dongshu, secretary general of the Federation of passengers, believes that the loss of the automobile industry chain temporarily static caused by the Shanghai epidemic is huge, and the impact of the outage of secondary parts will seriously affect sales in the second quarter. The trend in the second quarter depends on the recovery rate of Shanghai under the epidemic, and retail sales are expected to achieve zero growth for the whole year.
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