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Another car company raises prices!

2024-11-05 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)01/28 Report--

According to Automotive Industry concern, according to the official website of Jeep Horse herders, the official guidance price of Jeep Horse herders has increased by 10, 000 yuan, and the adjusted official guidance price range is 459900-634900 yuan. Jeep revealed that the price adjustment is mainly related to rising costs.

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According to the new car traffic insurance data, the cumulative sales of the Jeep brand in 2022 was 10500 vehicles, down 17.06% from the same period last year. In the domestic market, there are 14 Jeep models on sale, including 5 4xe plug-in hybrid models and 9 2.0T fuel models. Among them, the 4xe plug-in hybrid version is a four-door model, which is equipped with a plug-in hybrid system composed of 2.0T engine and front and rear double motors. the comprehensive power of the system is 276kW, the comprehensive torque of the system is 637Nm, and the transmission system matches the 8-speed manual self-integrated gearbox. In addition, the Jeep Wrangler 2.0T fuel version can provide two-door and four-door models in the domestic market, with a 2.0T engine, a maximum power of 195kW, a peak torque of 400Nm and an eight-speed manual integrated transmission.

In addition, a number of media reported that from February 1, some BMW models in China will also increase prices, including long-axis 5-series models ranging from 2600 yuan to 10600 yuan; X3 models ranging from 2700 yuan to 7100 yuan; and domestic long-shaft X5 models ranging from 7000 yuan to 17000 yuan. Among pure electric products, i3 eDrive 35L rose 4000 yuan, iX3 5100 yuan, and i4 eDrive 40 the highest, 20000 yuan.

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Affected by factors such as the decline of new energy subsidies and the rise in raw material prices, many car companies have raised the prices of their models after 2023, in order to transfer some of the cost pressure. Including BYD, Chery New Energy, SAIC Volkswagen, FAW-Volkswagen, Changan Deep Blue and Weima Automobile and other car companies have raised prices.

Among them, BYD announced the price adjustment of its dynasty series and ocean series models, with an overall increase of 2000-6000 yuan. In addition, the momentum brand also announced a price increase of 6000 yuan under the official guidance of the momentum D9 DM-i. The EV model is not within the scope of this price adjustment. The specific price adjustment notice will be announced on March 1, 2023.

Chery New Energy will adjust the price of Little Ant and Unbounded Pro models, of which the price of Little Ant model is 7.99-103000 yuan, an increase of 4000 yuan, 6000 yuan and 9000 yuan respectively; the price of unbounded Pro model is 899-115900 yuan after price adjustment, and the price of the two models is increased by 3000 yuan. The price of Changan Shenlan SL03, a new energy vehicle brand of Changan Automobile, increased by 3000 to 6000 yuan, of which the pure electric version rose from 183900 yuan to 189900 yuan, the 705 pure electric version from 215900 yuan to 221900 yuan, and the 1200 extended range version from 168900 yuan to 171,900 yuan.

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In addition, the price of Hechuang Z03 increased by 2000-8000 yuan, and the adjusted price was 13.48-182800 yuan. The new power brand Yundu Motors adjusted the price of π 1 models by 5000 yuan. After the price increase, the price of π 1 LITE light-enjoyment version was 74800 yuan, and the price of π 1 LITE fun version was 79800 yuan. SAIC-Volkswagen adjusted the prices of three ID.3/ID.4 X/ID.6 X models. Except for the 13000 yuan increase in the price of the ID.3 pure smart version, the prices of other models all increased by 6600 yuan. FAW-Volkswagen also adjusted the prices of the two ID.4 CROZZ/ID.6 CROZZ models, with an increase of 6600 yuan. Weima raised the price of its W6, EX5-Z and E.5 models, and the price will rise by 15000 yuan to 25000 yuan after the adjustment.

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According to a number of car companies, the price increase is more due to the decline of subsidies for new energy vehicles and the rise in raw material prices, but some car companies in the auto market have adopted price cuts to cope with the pressure of rising raw material prices. Tesla China announced a sharp price reduction of its two domestic cars by as much as 48000 yuan, becoming the first car company to start a price reduction in 2023, including a direct drop of 2.0-36000 yuan for Model 3 and 2.9-48000 yuan for Model Y On January 13, AITO announced the price reduction of its M5 EV and M7 models, in which the adjusted price of M5 EV was 259800 yuan and 289800 yuan, respectively, which was reduced by 28800 yuan and 30, 000 yuan, respectively. The price of the top matching model of M7 remained unchanged, and the adjusted prices of the other two models were 289800 yuan and 309800 yuan, both reduced by 30, 000 yuan On January 17th, Xiaopeng reduced the prices of its three G3i/P5/P7 models by as little as 20, 000 yuan and as high as 36000 yuan.

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Cui Dongshu, secretary general of the Federation of passengers, previously pointed out that after the delisting of the new energy policy in 2023, due to excessive price increases in the early stages of new energy models, fewer orders, and price cuts by car companies such as Tesla, consumers' wait-and-see mood was caused. The month-on-month decline was relatively large, and the sales growth from January to February in 2023 was relatively severe.

On January 28, the Federation released the latest estimated sales figures, which show that retail sales of narrow passenger cars in January are expected to be 1.36 million, down 34.6% from the same period last year and 37.3% from the previous month. Retail sales of new energy are expected to be 360000, up 1.8% from the same period last year, down 43.8% from the previous month, and the market penetration is about 26.5%.

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As for the reasons for the expected decline in sales compared with the same period last year, Auto Industry concern believes that the main reason is the infection caused by the deregulation of the epidemic and related to the traditional Spring Festival. According to the January retail target survey released by the Federation of passengers, the average daily retail sales of the major manufacturers in the car market fell 24% and 18% respectively in the first and second weeks of January compared with the same period last year. The third week is a week before the Spring Festival and there are five days on working days. Due to the influence of the Spring Festival, the average daily retail sales are expected to be the same as the week before the Spring Festival in 2022 and down 65% compared with the same period in 2022. Taking into account factors such as the post-holiday recovery effect and the manufacturer impulse at the end of the month, the market is expected to pick up somewhat in the fourth week of January, with an increase of about 9% over the same period last year.

Although retail sales of passenger cars in the narrow sense are expected to decline in January compared with the same period last year and month-on-month, the Federation stressed that January ushered in the first Spring Festival after a comprehensive adjustment of epidemic prevention and control policies, and the car market entered a recuperation period. as post-holiday consumption is on the right track and local consumption-promoting policies continue to play a role, the car market may usher in a window of rapid demand growth.

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