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Global auto companies' sales ranking in the first half of the year: Volkswagen won the championship, while Nissan Alliance fell to third.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)08/04 Report--

According to the newly released sales statistics of the world's major auto groups in the first half of 2019, Germany's Volkswagen topped the list, Toyota ranked second, and Nissan, French car Renault and Mitsubishi fell to third.

It is worth noting that the Nissan Alliance won the top sales in the first half of the year in 2017 and 2018, but dropped two places in the first half of this year due to the downturn in the car market and a sharp drop in sales.

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Nissan's three carmakers sold 5.2137 million vehicles, down 5.9 per cent from a year earlier. Among them, Nissan fell 7.9 per cent year-on-year to 2.6277 million vehicles, while sales in Japan as well as in the US and European markets declined. Renault fell 6.7 per cent year-on-year to 1.9386 million.

Volkswagen topped the list with sales of 5.3653 million vehicles, but global sales fell 2.8 per cent. Volkswagen Group CEO Dis said that Volkswagen will face severe challenges in many markets in 2019, especially in China. As a result, it is predicted that Volkswagen's sales in the Chinese market will decline significantly in 2019. However, judging from the current situation, with the exception of the Chinese market, the decline in other markets is not significant.

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Unlike the Nissan alliance, Toyota has become a different kind of Japanese car, performing well in the Japanese market, with sales of groups including Daihatsu and Hino up 2%, setting a new peak for three years in a row, close to Volkswagen.

The fourth place in the first half of 2018 is that General Motors of the United States has not yet released its first-half results. However, in terms of the development of GM in the first half of the year, it is not in a good position, mainly because of the trade war between the United States and China. As a result, the sales of SAIC GM, a joint venture in China, showed a sharp decline. SAIC GM's cumulative sales in the first half of the year were 834000, down 13% from the same period last year. GM's global sales fell 10.4% year-on-year from January to March 2019.

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From January to May 2019, cumulative sales of new cars in the United States fell 2.4% from the same period last year, and delivery of light vehicles in the United States also showed negative growth for six consecutive months. In the Chinese market, overall sales have declined for 12 consecutive months, including FAW-Volkswagen, SAIC-Volkswagen and SAIC-GM.

However, Mei Songlin, an auto industry analyst, also pointed out that the situation of various car companies is relatively complex. For example, Toyota's sales growth mainly comes from the Chinese market, while the Chinese market as a whole is in the doldrums, and Toyota is the representative of relatively excellent performance.

For the fall of the Nissan alliance, Nissan alliance management can not absolve itself of the blame. Over the years, under the goals set by Ghosn as CEO, Nissan adhered to the policy of obtaining the market at discounts, relying on discounts to expand market share. However, Ghosn chose to ignore the rise of new energy vehicles.

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However, as the world's leading car companies, the above-mentioned companies have all carried out self-rescue and rectification recently. In an effort to improve profits, Nissan announced that it would stop producing unprofitable models and reduce the number of models by 10% from 2018 in fiscal year 2022. Nissan will also cut 12500 jobs worldwide. Volkswagen is also actively promoting electrification and brand rise to maintain market share. Even Toyota, which is doing well in China, has announced that it will jointly develop electric vehicles with BYD to make up for the shortcomings of its development in the Chinese car market.

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