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Retail sales of domestic passenger cars in July were 1.775 million, down 2.3 per cent from a year earlier and 6.3 per cent from a month earlier, according to the Federation of passengers. Of this total, sales of new energy electric vehicles were 641000, an increase of 31.9% over the same period last year. Among the subdivided models, car sales fell 7.1% to 838000 in July compared with the same period last year.
Wuling, which started with the MPV model, has always won a large market share with its "micro-face" model, while its car is only a recently listed pure electric mini car Hongguang MINI EV, while the SUV is also only a Hongguang S3, the product is relatively single. However, with the launch of Wuling's latest silver standard, Wuling gradually began to plan for the high end of the market, and plans to launch a new SUV model.
On January 9, SAIC officially released production and sales of KuaiBao in December 2019. Figures show that SAIC sold 6.2379 million vehicles last year, down 11.54% from the same period last year, and 697700 vehicles in December 2019, up 5.75% from the same period last year. In 2019, due to the severe automobile market, the macro-economic downturn and the decline of new energy vehicle subsidies, the sales volume of the automobile market showed a depressed trend. Based on the forecast of the domestic auto market, SAIC adjusted its sales target for 2019 to 6.5 million vehicles in its financial results for the first half of 2019, compared with the beginning of the year.
With the gradual expansion of the domestic new energy market, Wuling, which started with the MPV model, today opened the pre-sale of the first four-seat new energy model Wuling Hongguang MINI EV, with a pre-price range of 2.98-38800 yuan, which is expected to go on sale within June. For Wuling Hongguang brand in everyone's view, are lower-end and practical model harvest must be favored, its configuration is in the entry-level configuration. But there are a number of configurations on Wuling Hongguang MINI EV, the first four-seat new energy model launched by Wuling. From the official configuration information table, the new car is equipped with more than 20 standard configurations.
Recently, SAIC released its annual results, showing that SAIC sold 5.6 million vehicles in 2020, down 10.2% from the same period last year, ranking first in domestic sales. During the reporting period, SAIC achieved operating income of 742.132 billion yuan, down 12% from the same period last year; net profit from its parent was 20.431 billion yuan, down 20.2% from the same period last year; and SAIC's revenue and profit declined due to the weakness of the joint venture. According to the financial report, the net profit of SAIC Volkswagen belonging to SAIC in 2020 was 15.489 billion yuan, down 22.65% from 20.025 billion yuan in 2019.
According to KuaiBao, SAIC's July production and sales, SAIC's comprehensive sales in July were close to 440000, down 9.3 per cent from a year earlier; in the first seven months of this year, the group's cumulative sales were 3.377 million, down 15.7 per cent from a year earlier. In the previous July, the cumulative production and sales of Shanghai Group fell by 21.04% and 15.73%, respectively. Among the 11 units, with the exception of SAIC General Wuling Motor Indonesia Co., Ltd., Mingjue Automobile India Co., Ltd., the cumulative sales of the remaining 9 units decreased to varying degrees in the first seven months. In the field of passenger cars, joint venture plates SAIC-Volkswagen and SAIC-GM also continued to decline in July.
According to the 2019 annual report released by SAIC on the 14th, SAIC's total revenue in 2019 was 843.324 billion yuan, down 6.53 percent from the same period last year, and the net profit belonging to shareholders of listed companies was 25.603 billion yuan, down 28.90 percent from the same period last year. This is the first decline in annual profits since SAIC went public 10 years ago. As for the reasons for the decline in profits, SAIC said that "the automobile industry is generally not as expected, and the domestic automobile market is affected by the combination of economic growth and industry policy factors." SAIC has seen its profits decline for the first time, with sales of joint ventures.
Entering 2020, the automobile industry ushered in another round of big shock, the car market continued to decline to stack the impact of the COVID-19 epidemic, the industry knockout accelerated, some brands are facing the pressure of a sharp decline in sales. The concentration of the market is increasing, weak brands are facing elimination, survival of the fittest is the current law of the development of the automobile industry. According to the statistics of the Federation of passengers, a total of 38 car companies were on the list of car companies whose sales fell by more than 50% in the first five months of this year. Including GAC-Mitsubishi, Shenlong Automobile, Guangzhou Auto Fick and other eight joint venture car companies, the rest are independent enterprises. Official data show that China's overall car sales in May was 2.194 million.
On October 27th, the National Bureau of Statistics released the profit report of industrial enterprises above the national scale for the period from January to September. Among the 41 major industrial industries, the total profits of 30 industries increased compared with the same period last year, while 11 industries decreased. Among them, the profits of the automobile industry declined, with a total profit of 373.46 billion yuan from January to September, down 16.6% from the same period last year. In 2019, the automobile industry is affected by many factors, such as the macro-economic slowdown, the automobile market tends to be saturated, and the sixth-grade emissions are implemented in advance, resulting in a continuous decline in car sales, a decline in the efficiency of automobile enterprises, and the automobile industry has entered a cold winter. According to the statistics of China Automobile Association, China's automobile production and sales have been 15 in a row.
According to the latest retail data released by the Federation of passengers, sales in the domestic narrow passenger car market in April 2022 were 1.042 million, down 35.5% from the same period last year and 34.0% from the previous year, of which 282000 were new energy passenger vehicles, up 78.4% from the same period last year and 36.5% lower than the previous month. In the car market
Car preservation rate is an index that many people pay attention to when buying a car. in general, the preservation rate is related to brand influence, car age, maintenance costs, market share and other factors. The automobile industry pays close attention to the "Research report on the preservation rate of automobile value in China in August 2022" jointly issued by the China Automobile Circulation Association and Jingzhen Evaluation.
On August 12, Xilai announced its latest quarterly results and held a telephone communication meeting. According to official data, revenue from Weilai reached 8.448 billion yuan in the second quarter, an increase of 127.2% over the same period last year and 5.8% from the previous quarter. The net loss was 587 million yuan, down 50.1% from the same period last year and an increase of 30.2% from the previous month. According to the financial report, the gross profit margin of Weilai vehicles was 20.3% in the second quarter of 2021, compared with 9.7% in the second quarter of 2020 and 21.2% in the first quarter of 2021. Xilai explained that compared with the second quarter of 2020, the increase in vehicle gross profit margin is mainly due to vehicles.
For the global sports car brand market, there has always been no volume, at the same time, affected by the macro-economy, sales are also declining, the major luxury brand car companies have made new strategic goals to launch luxury SUV models, such as Lamborghini with the launch of Urus multi-functional models, sales have been soaring. Aston Martin also made a change, launching the first SUV, and the Aston Martin DBX will debut in China on November 20. A few days ago, the undisguised spy photos of the car were also exposed. According to previous news, the new car is equipped with a 4.0T V8 engine and a V12 version will be available in the future. From.
Mid-October has passed, a number of domestic car companies have released the latest performance forecasts for the first quarter, with the introduction and landing of the government and the rapid recovery of the domestic macro-economy, a number of head car companies showed varying degrees of profit growth in the third quarter, but it is still difficult for marginal car companies to recover the declining situation. The net profit of Changan and BYD both soared, and the profit of the main business was weak. On October 15, Changan Automobile issued a forecast for its third performance, showing a profit of 5.98-1.198 billion yuan in the third quarter of 2020, an increase of 241.84% and 384.2% over the same period last year.
With the continuous decline of sales volume, China's automobile market has entered the stage of stock competition. under the influence of many unfavorable factors, it has become a common phenomenon for automobile companies to make a substantial reduction in profits or even losses, and the automobile market is facing a severe test. SAIC, which has lost more than $10 billion in profits, believes that "from the perspective of the industry pattern, the concentration of the market is increasing, and weak brands are facing elimination." China's passenger car sales fell by as much as 9.3% in 2019 compared with the same period last year, falling into negative growth for two consecutive years. As the largest automobile group in China, SAIC recently released its 2019 performance report, which sold a total of 6.238 million vehicles, down 11.5% from the same period last year.
The National Bureau of Statistics recently released information on the profits of large-scale industrial enterprises across the country in 2019. Among the 41 major industrial industries, the total profits of 28 industries increased compared with last year, while 13 industries decreased, of which the operating income of the automobile industry was 8.08467 trillion yuan, down 1.8 percent from the previous year; profits totaled 508.68 billion yuan, down 15.9 percent from the same period last year.
A few days ago, the China Automobile Circulation Association released a report on imported car sales counted by Guoji Automobile. The report shows that due to the impact of the year-end performance, China's imported car sales increased by 24.1% in December compared with the same period last year, with a cumulative sales volume of 102000 vehicles. However, for the whole year, under the influence of the declining automobile market and the macro economy, sales still fell slightly by 2.3%, narrowing the rate of decline, with cumulative import sales of 1.086 million vehicles.
2019 must be an extraordinary year for the auto industry, affected by the macro-economy, not only experienced the first decline in 28 years, but the downward trend has not improved. In this environment, whether independent or joint venture brands have varying degrees of impact. According to data released by the National Bureau of Statistics, profits in the automobile industry fell 19.0% from January to August compared with the same period last year, a decrease of 4.2 percentage points respectively from January to July. Compared with the 1.7% decline in the average profit of industrial enterprises, the profit decline of the automobile industry is obviously much higher than the average level of the industrial manufacturing industry. The profit performance of the automobile industry has been greatly affected.
Since the second half of 2018, China's automobile production and sales have entered a decline channel, which has declined for 15 consecutive months compared with the same period last year, and the depression of the automobile industry will continue. The rapid popularity of cars in China is almost over, Ministry of Commerce officials said in a speech yesterday. Hu Jianping, deputy director of the Market Construction Department of the Ministry of Commerce, said at the second Import Expo's "China Automobile Industry Development Forum" on November 7 that the rapid popularity of cars in China has been basically affected by the superposition of multiple factors, such as the increasing downward pressure on the macro-economy, the slowdown in the growth of residents' income, the strengthening of resources and environmental constraints brought about by the continuous growth of car ownership, and the change in the concept of automobile consumption.
With the advent of August, major car companies have also begun to announce sales. The front-line camp is glued to each other, and the competition between the second-line camp is even more difficult to distinguish between you and me. Affected by the slowdown in macro-economic growth, the switching of the five countries and six standards and other factors, the auto market remains depressed, and the July sales data released by a number of car companies show that they have all suffered varying degrees of decline. According to July passenger car production and sales data released by the Federation of passengers, sales of narrow passenger cars in July were about 1.4854 million, down 15.9 per cent from the previous month and 5 per cent from the same period last year. Wholesale sales of narrow passenger vehicles nationwide were 1.527 million, down 2.6 per cent from the same period last year. The trend of the downturn is still untwisted.
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.
2023-03-04 16:56:32Details
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.
2022-08-02 10:28:37Details
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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