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As February is the critical period for epidemic prevention and control, the automobile industry is almost at a standstill in February. Although some automobile companies and dealers have resumed work one after another in the second half of the month, due to the long automobile industry chain, in fact, the resumption rate of the automobile industry is not high, resulting in sales falling back to the 2005 level in February. In addition, the inventory early warning index of car dealers hit another record high in February, rising 27.7% to 81.2% from a year earlier, putting great pressure on many dealers. According to the latest production and sales figures released by the China Association of Automobile Manufacturers, automobile production and sales fell sharply in February compared with the same period last year. Automobile production and marketing completed 285000 and 3 respectively.
Honda's terminal car sales fell 1.5% in February compared with the same period last year. Recently, Honda released its terminal car sales in China in February 2019. Honda's terminal sales in China in February were only 75907, down 1.5% from a year earlier, and the decline was partly affected by the Lunar New year holiday. Among them, Guangzhou Auto Honda's terminal sales were 40508 vehicles in February, down 4.2% from the same period last year, and the sales volume was not optimistic. Dongfeng Honda's February terminal sales were 35399 vehicles, a slight increase of 1.8% over the same period last year. It can be concluded that Dongfeng Honda is more popular than Guangzhou Automobile Honda and has the intention to buy. In.。
On March 9, GAC GROUP released KuaiBao for production and marketing in February 2020. Data show that GAC GROUP's production and sales in February were 17313 and 19347 respectively, down 82.67% and 81.08% respectively from a year earlier to 195618 vehicles from January to February, down 37.30% from a year earlier. In terms of specific models, car sales in February were 10428, down 80.42% from a year earlier, 44.23% in February from a year earlier, down 71.22% from a year earlier, and 30.46% in February.
Recently, Geely released its February car sales figures, which showed that Geely sold 83552 vehicles in February 2019, down 24.2% from a year earlier. According to statistics, Geely sold a total of 241945 cars in the first two months, reaching 16% of its annual sales target of 1.51 million. In terms of models, data show that Dihao sold 16292 new cars in February, 15013 for Boyue and 2038 for Borey. In addition, colorful Rui sold 6022 vehicles in February, with a cumulative sales of 18502 vehicles from January to February, and 8102 in February.
On March 30, Toyota Motor Group released production and sales figures for February 2022. Toyota's global production in February 2022 was 740996 vehicles, up 11 per cent from a year earlier, while global sales were 701339, down 2 per cent from a year earlier, according to data. Specifically, in terms of sales, Toyota sold 701339 vehicles worldwide in February, the sixth consecutive month of year-on-year decline. Among them, local sales in Japan continued to be lower than last year due to chip shortage and other factors, falling 26% to 101714 vehicles in February, but sales in overseas markets performed better, rising 4% to 59962 in February from a year earlier.
In February, all prefecture-level cities across the country entered a critical period of comprehensive prevention and control of the epidemic. Automobile manufacturers basically stopped production until mid-February, and dealers and stores were unable to carry out normal marketing and sales activities. Affected by the epidemic, the production and sales volume of China's narrow passenger car market in February this year were 215000 and 252000 respectively, down 80.6% and 78.5% from the same period last year. Among them, SUV sales in February were 105000, down 79.3% from the same period last year. The cumulative sales from January to February were 907000, down 37.4% from the same period last year. From the perspective of the top 15 models in terms of sales, the sales of all models have declined compared with the same period last year. The smallest drop.
Recently, Honda, one of the major Japanese automakers, was the first to report sales in China in February, a big increase from the previous year, but almost halved from the previous month.
As we all know, February is the critical period for the prevention and control of COVID-19 's epidemic situation, and the "anti-epidemic" measures and the continuous strengthening of prevention and control efforts in various places have led to the overall car market in a state of ice in February this year, causing irreparable losses to car sales. Even the country's two biggest autonomous car companies are not alone, with sales falling more than 70 per cent in February, according to sales figures released by Geely and Great Wall. Geely released its latest sales figures on March 9, which showed that Geely (including Geely, Lecker and Geometry) sold 21168 vehicles in February, down 75% from the same period last year.
Auto production and sales fell sharply in February compared with the same period last year, according to the latest production and sales figures released by the China Association of Automobile Manufacturers. Automobile production and sales completed 285000 and 310000 respectively, down 79.8 per cent and 79.1 per cent respectively from January to February, down 45.8 per cent and 42 per cent respectively. Specifically, the production and sales of passenger vehicles completed 195000 and 224000 respectively in February, down 82.9% and 81.7% respectively from a year earlier, which is higher than the overall decline in car production and sales. In February, the production and sales of new energy vehicles were 9951 and 129 respectively.
The collective decline in sales of domestic car enterprises in February has become an inevitable fact, and it has been continuously affected by the COVID-19 epidemic. Even if major car companies resume production in the second half of the month, there are still major obstacles to terminal retail. Judging from the February data released by Toyota, Honda, Mazda, Hyundai Kia and other car companies, the decline has all broken history, and sales have hit another low since entering China. Honda China released sales figures for February on the 6th, down 85% from a year earlier. Honda China said it sold 11288 Honda terminals in China in February 2020, down 85.1 per cent from a year earlier, as a result of the COVID-19 epidemic. Among them, Guangzhou Auto Honda in February.
Today, the Federation of passengers released that the sales volume of narrow passenger car manufacturers ranked KuaiBao in February, and the top ten car manufacturers also officially confirmed. Affected by the COVID-19 epidemic, retail sales in the national passenger car market in February 2020 were only 252000 units, down 78.5% from the same month last year, compared with the 19% drop in February last year due to the Spring Festival factor. It is an ultra-low base, so it shows that the car market under the influence of this year's epidemic is seriously abnormal. As the impact of epidemic factors is far greater than the interference of Spring Festival factors, it has dropped by 41% from January to February this year compared with the same period last year. According to the retail sales statistics of the Federation of passengers, all car companies sold in February this year.
In January, BAIC's new energy production fell 98.17% from a year earlier, and sales also plunged 43.66% to 4512. In February, BAIC's new energy sales still did not improve. According to KuaiBao, a subsidiary of BAIC Blue Valley in February 2019, BAIC New Energy produced 500vehicles in February, down 91.77% from January to February and 95.36% from January to February last year. Car sales in February were 2867, down 34.33% from a year earlier. Cumulative sales from January to February were 7379, down 40.37% from a year earlier. BAIC New Energy has been pure in China for 6 years in a row.
China's car sales continue to decline, the overall environment is depressed, many car companies are in a bitter battle, car companies not only have to face the pressure brought by the downward trend, but also the market competition is further intensified. The latest figures show that passenger car sales in China plunged 19% in February. The Federation of passengers announced that sales in the domestic passenger car market in February were 1.169 million, down 19.0% from the same period last year, while those in the domestic passenger car market were down 45.9% from January to February, down 9.8% from the same period last year, with a trend of further expansion. According to the classification, the number of cars fell 15.5% to 576000 in February compared with the same period last year.
Great Wall released production and sales figures for February, which showed that Great Wall car sales in February were 10023, down 85.5 per cent from a year earlier, while cumulative sales in the first two months were 90284, down 50 per cent from a year earlier. The sharp drop in the data is not surprising as production and sales are restricted as a result of the continuing impact of the epidemic in February. Compared with the data released by other car companies, Geely's sales fell 75% in February from a year earlier, BYD fell 77%, and Toyota and Honda also fell more than 70%. The latest data report released by the Federation of passengers shows that passenger car sales in the domestic car market fell 20.4% in January compared with the same period last year.
The latest data show that retail sales in the domestic narrow passenger car market were 1.389 million in February 2023, an increase of 10.3% over the same period last year and 7.4% month-on-month. Among them, sales of SUV models in February were 650000, up 10.1% from the same period last year and 4.4% month-on-month, subdivided into specific SUV
After Honda's sales hit a low ebb after the quality storm at the beginning of last year, sales have gradually rebounded in the second half of the year, thanks to the launch of the 10th-generation Accord and increased terminal discounts, and sales increased by 8.2% in January this year, but in February, Honda's sales in China fell slightly. Honda's Chinese terminal sales in February were 75907, down 1.5 per cent from a year earlier. GAC Honda's terminal sales for the month were 40508, down 4.2 per cent from a year earlier, while Dongfeng Honda's February terminal sales were 35399, up 1.8 per cent from a year earlier. Honda ended up in China from January to February 2019.
Affected by the epidemic, the decline in production and sales in China's automobile market in February has become a doomed outcome, but it is still a bit surprising for the extent of the decline in February. According to the data released by the Federation of passengers, the retail growth rate of the national passenger car market in February was estimated to be 20% of that of last year, down 80% from the same period last year. The 80% decline in February is expected to be the biggest decline in the car market in 2020. In addition, the cumulative year-on-year decline from January to February is expected to reach 41%, the largest decline in the Chinese market in nearly 20 years, which is also a comprehensive reflection of sales affected by the Spring Festival holiday and the epidemic. Specifically, the first week of February (1.
Affected by the epidemic, SAIC's production capacity and sales fell sharply in February. According to a data report released by SAIC, SAIC produced 32260 vehicles in February, down 90 per cent from a year earlier; sales were 47365, down 87 per cent from a year earlier. The sharp decline in production and sales data is mainly affected by the cessation of all activities under the epidemic. The resumption of production of many subsidiaries of SAIC Group gradually resumed in the second half of the month, while car sales stores are in a state of long-term closure, even if sales factories are opened. Consumers' willingness to buy cars is still affected by the epidemic. Specifically, SAIC Volkswagen sold 10, 000 vehicles in February, down 9. 5% from a year earlier.
Yesterday, the Federation of passenger car sales released an overview of passenger car sales in February. The shorter February and the traditional Chinese New year holiday were the lowest in a year in terms of historical sales. Retail sales in China in February 2022 were 1.246 million, up 4.2 per cent from a year earlier and down 40 per cent from a month earlier. Combined in January and February, cumulative sales in the first two months of this year were 3.324 million, down 60, 000 from the same period last year. The new energy market performed better, with sales of 272000 vehicles in February, up 180.5% from the same period last year, down 22.6% from the previous month, which is better than the overall performance of the market. The domestic market's demand for new energy vehicles is on the rise.
As the epidemic prevention and control entered a critical period in February, consumers were quarantined at home, automakers stopped production to wait for work, and dealers were unable to carry out normal marketing activities, resulting in poor sales in February. Judging from the February sales of the joint venture released by Dongfeng Automobile Group, the sales of the four joint ventures are not very "good-looking", and the sales of Dongfeng Nissan are slightly better than those of the other three. Sales of French cars Dongfeng Renault and Dragon Motors are still dismal in February. Specific sales, Dongfeng Nissan sales of 14643 vehicles in February, January-February cumulative sales of 104672 vehicles, down 31.6% from the same period last year. Affected by the epidemic, Dongfeng Nissan.
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