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After the traditional peak season of "Golden Nine and Silver Ten" and the demand stimulation brought by the double Mid-Autumn Festival, a number of best-selling car companies achieved sales growth again in October. According to data from the two Japanese car companies that first reported sales in China, both achieved more than 20% growth, and even the Honda brand surpassed the Toyota brand for the first time this year.
Toyota, Honda and Nissan have announced their latest monthly sales in China one after another. Overall, Toyota was the only one to achieve growth, with Honda's sales falling by 20% due to a shortage of semiconductor chips, while Nissan's sales also fell by more than 20% due to floods in Henan province. Toyota released data showing that it sold 170200 vehicles in China in July 2021, compared with a cumulative sales of 1.141 million vehicles from January to July. Toyota basically leads Honda and Nissan in sales in China. In addition to its Corolla, Asian Dragon, Camry, Leiling, RAV4 Rongfang and other models that continue to sell well, luxury brand Ray.
Toyota, the world's largest carmaker, is expected to reach 24 trillion yen (1.5817 trillion yuan) in sales this fiscal year (April 2020-2021) under the severe impact of the epidemic. Operating profit is expected to reach 500 billion yen (33 billion yuan), the lowest level in nine years. On the same day, Toyota released its financial report for fiscal year 2019 (April 2019 to March 2020), showing that Toyota achieved sales of 29.9299 trillion yen (1.9724 trillion yuan) in fiscal year 2019, down from a year earlier.
The "preservation rate" is not only the embodiment of the value of a car, but also an important reference index for consumers to buy a car. In March this year, J.D. Power Jundi jointly released the latest research report on the preservation rate of cars in China, which ranked the preservation rate of different models for three years from March 2019 to February 2020. According to the ranking of manufacturers, Honda and Toyota occupied the top four seats, with the top five being Guangzhou Automobile Honda, Guangzhou Automobile Toyota, FAW Toyota, Dongfeng Honda and Beijing Mercedes-Benz. In addition to Honda and Toyota, Japanese brands Changan Mazda, FAW Mazda and Dongfeng Nissan are also on the list.
Toshiro Mibe, Honda's new chief executive, said in a recent interview that Honda had determined 10 years ago that hydrogen-fired engines would not become mainstream and shouted to Toyota that it should stop pursuing hydrogen-fired engines and focus on the development layout of pure electric vehicles. At the same time, he said that this technology route is not completely abandoned, in large electric trucks, hydrogen fuel cells can still be seen as a solution.
Since the resumption of normal operations in March, major car companies have accelerated the recovery of production capacity and the operation of sales operations to make up for the performance losses during the epidemic. Japanese automakers Toyota, Honda, Nissan and Mazda were the first to release May sales figures, which show different trends among the four carmakers. Toyota China: 166300 vehicles sold in China in May according to Toyota China data, sales in China in May were 166300 vehicles, up 20.1% from a year earlier. At present, Toyota's sales in China have returned to the level of the same period last year, coupled with the effective implementation of major favorable policies, Toyota's sales in China in May have been.
As of February 6, Japanese car companies Toyota, Honda, Nissan and Mazda have released their latest monthly transcripts in China one after another. According to auto industry concern statistics, Honda is undoubtedly the best performing car company in China in February 2022, with year-on-year growth of 30.1% far surpassing that of Toyota and Nissan, while Mazda became the only car company to decline, falling by 23.8%. In addition, Honda grew 5.7% from January to February from a year earlier, making it the only car company to grow, while Toyota, Nissan and Mazda all fell, but Toyota is still the highest-selling company. According to Toyota China, sales in February 2021 were 1.
Thanks to the successive implementation of policies to stimulate car consumption and the demand stimulus brought about by the double Mid-Autumn Festival, the sales of a number of head car companies have increased again. Judging from the September sales of Japanese car companies in China, Toyota's monthly sales hit an all-time high, Honda's sales in China rose for three consecutive months compared with the same period last year, while Nissan and Mazda's sales growth was noticeably sluggish. Specific to the major joint venture car companies, Honda two joint ventures Dongfeng Honda and Guangzhou Auto Honda have achieved double-digit growth, of which Dongfeng Honda sales increased by 20.2% to 87203 vehicles, Guangzhou Automobile Honda increased 24.6% to 81669 vehicles, both set a single month.
After an unusual year in 2020, many car companies are under pressure. It is good to be able to maintain stable sales as a result of the epidemic, but this does not seem to be the case for Japanese brands that continue to rise. The other day, Toyota. Honda and Nissan brands both report full-year sales results.
Since the car market rebounded in March this year, the domestic car market has shown signs of year-on-year growth from April to June. Although July is the traditional off-season, the Federation of passengers is expected to achieve the trend of year-on-year growth in July due to a low base in the same period last year. Honda, Toyota, Nissan and Mazda, which are the mainstream Japanese car companies, have all disclosed the latest sales figures.
As of April 7, four Japanese car companies, Toyota, Honda, Nissan and Mazda, have announced their latest monthly sales in China one after another. It is not difficult to guess that the epidemic led to the stagnation of the domestic car market last year, and the low base led to a substantial increase in sales in the first quarter of this year. According to the latest figures released by Toyota, China sold 166600 vehicles in March, with a cumulative sales of 473500 from January to March. Judging from the data, Toyota outperformed Honda and Nissan in China, mainly due to the continued hot sales of models such as RAV4 Rongfang, Carola, Asian Dragon, Camry and Leiling.
Near the end of the year, many car companies have begun to increase sales efforts, and strive to achieve the annual sales target. As this year, as the new car market continues to shrink for the third year, the impact of the superimposed epidemic makes more car companies show a negative growth trend, it is very difficult to achieve positive sales growth. By contrast, Japanese brands are relatively strong, taking the lead in achieving year-on-year growth.
The auto market has entered a pick-up phase, and a number of head car companies have achieved sales growth, making up for the lost sales data in the first half of the year and hitting the annual sales target. Japanese brands were the first to report August sales, while Toyota maintained its momentum of growth and continued to take the lead, with Honda growing for two consecutive months and Nissan declining. Toyota has a growing lead in China, and its sales are rising faster than other Japanese brands. Toyota's full-year sales have returned to positive growth, thanks to the continued launch of new products and the growth of the high-end brand Lexus. New car sales in China reached 164400 in August, up 2. 5% from a year earlier, according to Toyota.
Recently, the Nippon Industry News Agency released the results of a questionnaire survey on R & D investment of more than 200 Japanese enterprises in fiscal year 2019. According to the survey data, Toyota topped the list of R & D investment in fiscal year 2019 with 1.1 trillion yen in R & D investment. Honda took second place with 860 billion yen, while Nissan ranked third with 550 billion yen. As the top of the R & D budget ranking in fiscal year 2019, Toyota has topped the list for 18 years in a row. According to data, Toyota's R & D investment budget reached 1.1 trillion yen (73.2 billion yuan) in fiscal year 2019.
At the 2023 Shanghai Auto Show, Honda China's eHonda brand launched three pure electric vehicles in the world, including e:NP2, which will be launched by GAC Honda in early 2024, and e:NS2, which will be launched by Dongfeng Honda in early 2024. This time, the launch is close to the final design of the prototype model-- e:NP2.
On May 13, Honda and Mazda released their results for fiscal year 2021 (April 1, 2021 to March 31, 2022). So far, the four major Japanese car companies, including Toyota and Nissan, have handed over their performance papers for the 2021 fiscal year. By comparison, Toyota is still the most profitable Japanese car.
The sudden COVID-19 epidemic has disrupted the operation rhythm of automobile manufacturers, and the spread of the international epidemic has brought a tremendous impact on the production of the global automobile industry. Japan's big three automakers Toyota, Honda and Nissan are expected to cut the wages of 32000 North American workers to join the government's unemployment relief program, Bloomberg reported. For Japanese car companies, the blow brought by the fall of the American market caused by COVID-19 is enormous. It is understood that the sales volume of the three Japanese car companies in the North American market occupies a very important position in their global market, and the American market is the most important. Toyota aggravated by the epidemic.
The big four Japanese carmakers released sales figures in China in January, with Toyota and Honda seeing an increase in sales and a decline in Nissan and Mazda. Toyota: sales of 147100 vehicles in January, up 15.3% from a year earlier; cumulative sales of 1.4745 million vehicles in 2018, up 14.3% from a year earlier. Toyota has the highest sales among the four major car companies, which sold 147100 vehicles in January, up 15.3% from a year earlier, marking the 11th consecutive month that Toyota's sales in China have been higher than the previous year. The Corolla is Toyota's top-selling model in China, with sales of 32500 vehicles in January, down 2.4% from a year earlier.
New car sales in the Chinese market have continued to decline. Since June 2018, car sales have fallen for 16 consecutive months compared with the same period last year. Major car companies have entered a cold winter, but German and Japanese car companies are still growing against the trend, and sales continue to rise. According to the data released by the four major Japanese automakers in November, the sales of Toyota, Honda and Mazda exceeded the same period last year, Nissan fell slightly, and the overall good sales of Japanese cars is remarkable. Toyota, which surpassed Nissan and Honda, had the highest sales in November, while Toyota ranked third in October. Toyota's November sales rose 11.4% from a year earlier to 152200 vehicles.
Toyota reported new car sales in China in April, when it sold 142900 vehicles that month, up 0.2 per cent from a year earlier and turning to growth three months later. For the rest of Japanese manufacturers, Honda fell 10 per cent to 113430 units in April from a year earlier, while Mazda sold 17000 units up 1 per cent from a year earlier. Toyota welcomes growth last year Toyota bucked the trend in China, with sales of 1.62 million vehicles, up 9 per cent year on year, while the overall Chinese car market showed a decline, down 8.2 per cent from the same period last year. In 2020, Toyota fell 1.2% in the first month, and the momentum of sustained growth was stopped.
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.
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