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In April, the market share of Chinese brand passenger cars was only 34.6%, down 2.6 percentage points from a year earlier, a six-year low; from January to April, the market share was 38.1%, down 2.5 percentage points from a year earlier, falling below the 40% red line again.
In 2019, passenger car sales in China fell by as much as 9.3% compared with the same period last year, falling into a state of decline for two consecutive years. In 2020, affected by the impact of the epidemic, the automobile market is facing an unprecedented severe test. Many voices pointed out that "from the perspective of the industry pattern, the concentration of the market is increasing, and weak brands are facing elimination." During the two sessions, representatives of the automobile industry have made suggestions and suggestions, hoping to activate the automobile consumer market, promote the development of the automobile industry, and help enterprises tide over the difficulties. However, for the current automobile market environment, many senior executives of automobile companies also expressed concern. Xu Heyi, secretary of the party committee and chairman of BAIC Group.
Zhu Huarong, party secretary and chairman of Changan Automobile, said at the 2022 China Electric vehicle Forum on March 26th that with the acceleration of new energy vehicles, competition in China's fuel vehicle market will become fiercer. There are 85 brands in the traditional fuel vehicle market in 2021, of which 34 brands sell less than 1,000 units per month, and 9 brands die out. Zhu Huarong believes that in the next 3-5 years, 80% of Chinese fuel car brands will "close down and merge" (that is, close down, stop production, merge and transform). This means that in the future 3-5, only a small number of car companies will be able to continue to develop in the Chinese market as fuel vehicles.
when the domestic car market enters the environment of stock competition, the brands of car companies also appear obvious differentiation. Experiencing the trend of "low in front and high in later" in 2020, it further threatens the survival status of weak brands. From the perspective of the industry pattern, the concentration of the market is increasing.
On February 13, the China Association of Automobile Manufacturers (hereinafter referred to as "the China Automobile Association") officially released the economic operation of the automobile industry in January 2020. according to the statistics of the key enterprise groups of the China Automobile Association, the production and sales of cars are estimated to have completed 1.783 million and 1.941 million respectively, down 33.5% and 27.0% respectively from the previous month, and 24.6% and 18.0% respectively from the same period last year. Specifically, the production and sales of passenger cars in China are expected to complete 1.444 million and 1.614 million respectively in January this year, down 33.9% and 27.1% respectively from the previous month, and 27.6% and 20.2% respectively from the same period last year.
Affected by the COVID-19 epidemic, China's automobile industry has entered the most depressed period in history, coupled with the original car market environment continues to decline, new energy vehicles have been hit by a substantial decline in subsidies, a series of factors led to a very bleak start to the auto market in 2020. In early February, China's car sales hit a record 92% year-on-year decline, and market anxiety intensified under the impact of the epidemic. However, the industry has high expectations of the car market, that the next car demand will gradually recover, there is the possibility of a concentrated outbreak of demand in the second quarter, policy relief and rescue of the market may set off a new round of the best part. Is the car market going to explode? According to the Chinese ride federation.
A few days ago, Changan Automobile released its 2023 interim results report. According to the financial report, the operating income of Changan Automobile in the first half of the year was 65.492 billion yuan, an increase of 15.76% over the same period last year; the net profit belonging to shareholders of listed companies was 7.652 billion yuan, an increase of 30.65% over the same period last year; belonging to listed companies
with the rapid development of the domestic automobile market, the market has changed from the incremental era to the stock era, so that the market competition has intensified. For this reason, it has become the norm in the industry for automobile giants to join forces to open up the market.
According to the China Automobile Association, the production and sales of passenger cars in China completed 21.36 million and 21.444 million respectively in 2019, down 9.2% and 9.6% respectively from the same period last year. According to the major automobile department markets announced by the China Automobile Association, the market share of self-branded passenger cars still ranks first, but the market share has fallen below 40%. It turns out that 2018 is not the most difficult year for the car market. 2019 continues the downward trend of the car market, and a number of car companies have been weak in the past year. A total of 8.407 million Chinese brand passenger cars were sold in 2019, down 15.8% from a year earlier, accounting for passenger car sales.
Car sales fell 79.1% in February from a year earlier, so far, China's auto market has fallen for 20 consecutive months compared with the same period last year. Under the continuing influence of the epidemic, the recovery pace of the automobile industry has been disrupted, and there is still a lot of uncertainty about when to return to proportional growth. According to the latest forecast of the China Association of Automobile Manufacturers, if the epidemic is effectively controlled by the end of March, production and sales are expected to decline by about 45% in the first quarter and about 25% in the first half of the year. China's auto market fell for the first time in 28 years in 2018 and widened to 8.2% in 2019.
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Another joint venture, Dongfeng Renault, is dissolved and delisted, while SAIC makes an evaluation of the industry pattern that "the concentration of the market is constantly increasing, and weak brands are facing elimination". Major changes will take place in China's automobile market affected by the epidemic in 2020. The continuous decline of the auto market has made the industry even worse. According to industry insiders, China's auto market has entered a phase of elimination of the fittest. According to the latest report of the Federation of passengers, passenger car sales in China fell 41% in the first quarter of this year compared with the same period last year. The decline in the market will further narrow in April, but the decline is also expected to reach 8%. Prior to this, the Federation of passengers has made a forecast on the trend of the car market for the whole year.
Major changes have taken place in China's auto consumer market, with not only the continued decline in new car sales, but also a tilt towards the luxury car market. A few days ago, the China Automobile Association and other units jointly issued the "Automobile Industry Blue Book: China Automobile Industry Development report (2019)", which pointed out that 2018 was the turning point of China's automobile industry, and analyzed the current consumption trend of the market through data. New car sales have slipped according to data released by the China Automobile Association, total car sales in China in 2018 were 28.0806 million, down 2.76 per cent from a year earlier. Shi Jianhua, deputy secretary-general of the China Automobile Association, believes that the main reason for the downturn in the auto market in 2018 is the purchase.
For the trend of the car market after the epidemic, a number of independent car companies CEO expressed their views. Shen Hui, CEO of Weimar, believes that the "retaliatory" consumption of cars is not realistic, while Li Xiang, the ideal car CEO, says that the most important thing in this special period is to survive.
In May, China's auto industry recovered significantly, pent-up demand from some consumers also accelerated the release, and the auto market ushered in a short-term boom. According to the China Automobile Association, China's auto production and sales completed 2.187 million and 2.194 million respectively in May, up 4 per cent and 5.9 per cent month-on-month, and 18.2 per cent and 14.5 per cent respectively over the same period last year. However, affected by the epidemic for many months, the overall environment of the automobile industry is still grim. From January to May, China's automobile production and sales completed 7.787 million and 7.957 million respectively, with production and sales falling by 24.1% and 22.6% respectively compared with the same period last year. At the same time, the China Automobile Association released the latest market share ranking.
The territory of Chinese car companies entering the Russian market is constantly expanding. Rolf, Russia's largest car dealer, and Chinese carmaker BAW have reached a preliminary agreement to sell the brand's passenger cars in St. Petersburg, the Russian News reported. Yes
China's automobile production and sales in 2019 were 25.721 million and 25.769 million respectively, down 7.5% and 8.2% respectively compared with the same period last year. It is worth noting that although China's automobile production and sales rank first in the world, China's automobile production and sales have declined year on year for two consecutive years since the first decline in 2018, and the China Automobile Association predicts that car sales will decline to about 2% in 2020. However, at the beginning of 2020, a sudden epidemic hit the national economy, and various industries were affected to varying degrees, and the automobile industry was no exception. Novel coronavirus epidemic situation originated in Wuhan, Hubei.
In the cold winter of the automobile industry, even if it comes to the traditional period of "Golden Nine Silver Ten" to stimulate consumption, it can not avoid the impact of the persistent downturn in car buying sentiment. The inventory early warning Index of Automobile Dealers in China was 62.4% in October 2019, up 3.8% from September and down 4.5% from the same period last year, according to a report released by the China Automobile Circulation Association on the 31st. The inventory early warning index is still above the warning line. It is worth noting that the 62.4% inventory early warning index is the second highest this year after the 63.6% inventory early warning index in February, reflecting the inventory of car dealers.
Weimar has suspended its application in Science and Technology Innovation Board's IPO, according to Sina Technology, citing people familiar with the matter. According to the information of Weima's listing guidance materials, CIC's CIC profit Industry Fund raised funds in front of Weima's IPO, while CIC sources said that Weimar's listing materials found a lot of problems in the review. According to reports, Science and Technology Innovation Board was questioned about the lack of science and technology, the proportion of R & D investment in revenue is not high, coupled with continuous huge losses, as well as many problems in the review of listed materials, resulting in its listing in Science and Technology Innovation Board encountered many ups and downs. It is understood that Science and Technology Innovation Board in 2019 6.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
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The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
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Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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