AutoBeta(AutoBeta.net)06/12 Report--

Affected by the market environment, SAIC continued its negative growth trend, and its brands fell almost across the board in May this year.

Recently, SAIC announced the production and marketing of KuaiBao in May. According to the data, SAIC's cumulative production in May was 412000 vehicles, down 29.8% from the same period last year, and 9.6% from the previous month to 2.393 million vehicles from January to May, down 21.6% from the same period last year. Cumulative sales in May were 481000, down 16.3 per cent from a year earlier. The cumulative sales from January to May were 2.471 million, down 16.7 per cent from a year earlier.

Its brands, with the exception of Shanghai Shenwo bus Co., Ltd. and SAIC Zhengda Co., Ltd., all declined. SAIC-Volkswagen, the three main vehicle joint ventures, sold 153992 vehicles in May, down 9.31% from January to May, down 9.3% from January to May. Compared with previous months, its sales are relatively stable. SAIC GM sold 141251 vehicles in May and 694000 vehicles from January to May, down 15.2% from the same period last year. Among them, SAIC GM Wuling had the biggest decline, with 110000 vehicles sold in May and 644000 vehicles from January to May. Against the backdrop of a sharp contraction in the micro-car market, its cumulative sales reduction of nearly 250000 vehicles in the first month compared with the same period last year has also directly become one of the main reasons for SAIC's sales decline.

In the overall negative growth of the car market environment, SAIC will inevitably be slightly affected, but because of its initiative to reduce inventory and optimize the structural adjustment, the decline in sales data is also reasonable. Moreover, the early implementation of the sixth national emission standard has caused a serious impact on China's auto market.

Previously, SAIC Chairman Chen Hong said publicly: "SAIC can fully meet the emission policies of regional governments." We are in one step and go directly to the sixth grade B. Since late April this year, the company has comprehensively promoted the inventory digestion of national five models; by the end of June, it can achieve the goal of national fifth consumer inventory and national sixth switching. "

However, in view of the future trend of China's auto market, Chen Hong believes that the domestic auto market is expected to continue to grow negatively for the whole year, with a decline of about 5%, but the decline will narrow at the end of the second quarter of this year, stabilize in the third quarter, and grow positively in the fourth quarter compared with the same period last year. Any industry can not continue to grow for decades, there will always be a period of adjustment. There is still room for the development of the automobile industry in the Chinese market. The key depends on whether the enterprise can seize the opportunity.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat