AutoBeta(AutoBeta.net)04/30 Report--

According to FIFA data, world car sales from January to March in 2023 were 20.38 million, an increase of 4% over the same period last year. Among them, world car sales in March were 8.07 million, up 11% from the same period last year, but down 13% from 9.28 million in March 2018 and at a record low and medium level.

Cui Dongshu, secretary general of FIFA, said that due to the improvement in the supply of chips in the automobile industry and the significant improvement in the operation of the world automobile industry, the sales volume of international car companies has improved, and Chinese car companies have a cumulative share of 30% of the world in 2023.

After a continuous decline from 2018 to 2020, car sales in the main countries of the world in 2021 were 81.35 million, an increase of 4% over the same period last year. But there were only 80.18 million vehicles in 2022, down 1% from a year earlier and only slightly higher than sales in 2020. Cui Dongshu said: "in the past two years, the international chip shortage has had little impact on China's auto market. On the contrary, it has promoted the strong performance of China's automobile exports, grabbed the huge gap between supply and demand in the international market, and obtained rare development opportunities. As a high-monopoly industry such as automotive chips, the supply-side tightening will bring great opportunities for the rise of China's supply chain, and the development of electrification has also led to the rapid decline of European car companies. "

The data show that Chinese cars accounted for about 30 per cent of the world in 2016-2018; fell to 29 per cent in 2019, but still had an absolute advantage; market share rebounded to 32 per cent in 2020-2021; China's share rose to 33 per cent in 2022; and China's share fell to 30 per cent in 2023. Cui Dongshu pointed out that this is a normal reflection of the Spring Festival factors in the Chinese market and the withdrawal of preferential car purchase tax policies. Overall, the trend from January to March in 2023 was significantly lower than that in previous years, and in January it was only better than that in 2020, with the share falling to 29%. This is mainly due to the low sales volume of factors such as the Chinese Spring Festival; in February, the sales volume of China's car market rose sharply from the previous month, and its share rebounded to 32%, but it was still at a relatively low level; in March, China's car market was not strong, with its share falling to 30%, but the world car market did not rise much in March.

Cui Dongshu said that the Chinese auto market has a great influence on the world auto market. China's independent car companies performed very well in Europe in 2023. At present, the strong European market is still SAIC's Mingjue brand; developed markets such as Australia are occupied by SAIC, Great Wall and other car companies; Geely, FAW and Dongfeng have performed well in the southern hemisphere and European markets; in addition, new forces have also made breakthroughs in Norway and the Netherlands.

On April 25th, the federation released preliminary projections showing that the narrow passenger car retail market in April was about 1.57 million, down 1.3% from the previous month and an increase of 49.8% from a year earlier. Among them, new energy vehicles fluctuate seasonally under the influence of exports, and retail sales are expected to be about 500000, down 8.4% from the previous month, and the penetration rate is about 31.8%. Now, with the rapid rise of independent brands and the continued acceleration of the replacement of new energy vehicles for fuel vehicles under the tuyere of new energy vehicles, Cui Dongshu, secretary general of the Federation of passengers, said that the market penetration of new energy vehicles is expected to increase gradually this year.

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