AutoBeta(AutoBeta.net)10/12 Report--

In the face of the cold wave in the car market, many car companies hope to rebound their sales through the traditional peak season, and "Golden Nine Silver Ten" has also become a high-frequency word. KuaiBao, as car companies have announced sales, shows that it is still down more and more than in 2018, but the decline has narrowed by different degrees, and the month-on-month increase is basically common.

According to KuaiBao, the sales volume of major car companies in September, there was a general decline not only in monthly sales but also in cumulative sales compared with the same period last year. Only three car companies achieved growth, and the brightest one was Great Wall Motor, which surged 15.33% year-on-year in one month and 7.01% year-on-year in single month. it is not only against the trend, but also the only double growth among many car companies. Even SAIC, the country's largest car company, has seen a near double-digit decline.

For some marginal car companies such as seahorse cars, the cold wave can only worsen, falling 26.39% year-on-year in September and plummeting by more than 60% for the whole year. It is worth mentioning that some international mainstream car companies, especially Japanese car companies and luxury brand car companies, have shown a significant growth, but also helped many car companies to boost their sales.

Compared with the year-on-year data, most car companies showed month-on-month growth, with retail sales of 1.781 million units in the national passenger car market in September, down 6.5% from a year earlier and up 14.0% from a month earlier, according to the Federation of passengers.

However, it does not mean that the market is picking up. The main reason for the month-on-month growth of the car market in September is due to the overdraft of sales in July and August in advance of the policy change in June, coupled with the traditional off-season in July and August, it can only be said that the car market has hit rock bottom. As for the car manufacturers in September, taking advantage of the approaching atmosphere of the festival, they once again exchanged the price for volume by giving profits, making some consumers pay for it.

Thus it can be seen that this year's "golden September" is only warmer than that of last month, and does not entirely represent a rebound in the car market.

According to the data released by the China Automobile Circulation Association, the inventory early warning index of car dealers in September is 58.6%, and the inventory early warning index is still above the warning line.

From the inventory sub-index, inventory increased in September, the survey results show that the proportion of dealers who believe that inventory decreased in September is 17.5%, that the proportion of growth is 31.2%, and that the proportion is basically flat is 51.4%. It means that for dealers, the market performance in September is basically the same as that in August, and does not meet market expectations.

In fact, the current cold winter of China's auto market is far from over. According to the sales announced by the China Automobile Association, the cumulative sales from January to August was 16.104 million vehicles, down 11% from the same period last year. Although some car companies picked up in September, this has something to do with the gold-nine-silver-ten effect.

In addition, the China Automobile Circulation Association believes that the decline in domestic car market sales in the fourth quarter may further expand, and there is no optimistic factor at present.

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