AutoBeta(AutoBeta.net)08/18 Report--

Affected by the global epidemic, spare parts supply, rising prices of raw materials, and regional turmoil, the overall state of the global automobile market in the first half of this year is not ideal.

Toyota Group, including Toyota, Lexus, Daihatsu, Hino and other brands, sold a total of 5.1378 million new cars in the first half of the year, of which Toyota / Lexus sold 4.699 million, Dafa 361000 and Hino 78000. In the first half of the year, Toyota won the top spot in global sales again with an absolute advantage of 1.26 million vehicles ahead of Volkswagen Group. However, Toyota has also fallen into a strange circle of increasing revenue without increasing profits. In the first half of the year, Toyota Group's revenue rose 6 per cent year-on-year to 16.6 trillion yen, while its home net profit fell 24 to 1.27 trillion yen, losing out to BMW and Volkswagen.

Despite the sharp drop in sales and the loss of medium-term sales, Volkswagen Group's performance is still very bright. Affected by the shortage of semiconductor chips, the COVID-19 epidemic and the situation in Ukraine and other factors, Volkswagen Group sales plummeted in the first half of the year, falling 14.0% to 4.006 million vehicles compared with the same period last year. However, despite the sharp decline in sales, Volkswagen's sales revenue rose 2.0 per cent year-on-year to 132.29 billion euros, operating profit rose 16.1 per cent year-on-year to 13.19 billion euros, and after-tax profit rose 25.8 per cent to 10.64 billion euros.

In third place is Hyundai Motor Group, which entered third place in the world for the first time. Global sales in the first half of the year were 3.299 million, down 5.1% from a year earlier, of which Hyundai sold 1.879 million and Kia sold 1.42 million. It only lags behind Toyota's 5.138 million and Volkswagen's 4.006 million. If at this pace, Hyundai Motor Group sales are expected to exceed 6 million vehicles in 2022.

However, while the global market has performed well, it has been losing ground in the domestic market. According to the number of new car compulsory insurance purchases, the sales of Hyundai in Beijing in the first half of the year were 131800, down 44.4% from the same period last year; Dongfeng Yueda Kia was 58400, down 38.4% from the same period last year; Hyundai's imports were 776, down 7.3% from the same period last year; according to the Federation of passengers, the market share of Korean brands in China fell to 1.7% in the first half of the year, down for five consecutive years, compared with more than 10% a decade ago.

Although Korean brands continue to launch a number of blockbuster models, such as brand new Elantra, brand new map, brand new Shengda, Parristi, Kusto, Jiahua and other blockbuster models, the overall performance is not satisfactory, coupled with the rapid rise of domestic brands and new energy vehicles, in fact, not only Korean brands, but also the living space of German and Japanese brands has been compressed.

In addition, Renault-Nissan-Mitsubishi Alliance fell 17.3% year-on-year to 3.14 million vehicles, while Stellantis Group (symbol Citroen Group and Fiat Chrysler Group) fell 16.0% to 3.019 million vehicles. Among them, Stellantis Group has two joint ventures in China, Guangzhou Auto Fick and Citroen Motor Co., Ltd., Guangzhou Auto Fick is close to delisting, while Citroen Motor performance is mediocre. According to the data, Stellantis Group's net revenue in the first half of the year was 88 billion euros, up 17% from the same period last year; adjusted operating profit was 12.4 billion euros, up 44% from the same period last year; adjusted operating profit margin was 14.1%; net profit was 8 billion euros, up 34% from the same period last year For the Stellantis Group, Carlos Tavares expressed great satisfaction: "in the severe global market environment, we continue to promote the 'Dare Forward 2030' strategic plan, achieve excellent performance and implement the group's grand electrification strategy."

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