NAV: AutoBeta Home > AutoBeta Popular content >

automobile market Learn more about automobile market

AutoBeta has retrieved the following content about automobile market for you across the entire web.

• 

  Will the market share of Chinese brands fall to a new low and half of the brands will go bankrupt?

  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.

  The market share of Chinese brands fell to a new low in April and the auto market 2020-05-12
• 

  The automobile industry has entered a state of stock competition: the stronger the strong, the survival of the fittest.

  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.

  Automobile industry automobile market 2020-05-25
• 

  China Automobile Association: car sales fell by 18% in January, and the development of the automobile market for the whole year is not optimistic.

  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.

  China Automobile Association 2020-02-13
• 

  Changan Zhu Huarong: 80% of Chinese brands will be shut down and transferred in the next 3-5 years.

  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.

  Changan Automobile 2022-03-27
• 

  China's auto market is likely to see explosive growth, and these policies and measures are good for the whole industry.

  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.

  Car consumption car sales 2020-02-24
• 

  Great changes in the car market in January! Joint venture brands decline throughout the department, only independent brands achieve growth.

  ​ 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.

  Car market 2021-02-13
• 

  The auto market is so difficult that sales of more than one-brand car companies declined in 2019.

  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.

  SAIC Chery BYD 2020-01-20
• 

  National Development and Reform Commission: the automobile industry should not measure market development by "production and marketing".

  one

  National Development and Reform Commission automobile 2019-12-02
• 

  Changan Ford's profit fell 23%, while Avita / Deep Blue lost 3.8 billion yuan.

  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

  Changan Automobile Changan Automobile Market Ford New Energy sales Deep Blue Brand Avi Model advantage High end Mazda Development 2023-09-03
• 

  The "group" innovation company of the three major automobile groups in China, netizens said: it is long overdue.

  ​ 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.

  Automobile 2020-06-05
• 

  The China Automobile Association expects sales to decline by 25% in the first half of the year, and the policy Brooks no delay to save the market.

  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.

  Automobile market 2020-03-22
• 

  Ministry of Commerce: the international competitiveness of China's automobile industry surpasses that of South Korea, and there is a gap with Germany and Japan.

  A few days ago, the Foreign Trade Department of the Ministry of Commerce issued the "High quality Development report on China's Automobile Trade", which affirmed China's important position in the global automobile market, and recognized the current situation and achievements of the high-quality development of China's automobile trade. It also recognizes the gap and provides guidance for the development of Chinese brands in overseas markets. The Foreign Trade Department of the Ministry of Commerce said that the international status of a country's automobile industry can basically represent the overall international status of the country's manufacturing industry. the automobile manufacturing industry is also an important indicator of a country's industrialization, economic strength and scientific and technological innovation capability. At the same time, the automobile industry is also the most globalized industry.

  Automobile 2020-01-01
• 

  Investors take over! The chairman of a car-building new power automobile company "exits"

  According to App, Aichi Automobile completed the change of industrial and commercial information such as legal representative on July 19. Fu Qiang, founder of Aichi Automobile, stepped down as legal representative and chairman, and Chen Xuanlin took over the post. In other words, Fu Qiang, founder of Aichi Automobile, officially "exited" the post of chairman. As a car that loves to drive

  Automobile company brand Fu Qiang market industry limited China director chairman founder limited company automobile industry marketing influence 2022-07-26
• 

  China Automobile Circulation Association: the automobile market will still decline in double digits in 2020

  one

  Automobile market 2019-11-30
• 

  China Automobile Association: luxury car prices have fallen sharply, and more and more people are buying them.

  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.

  China Automotive Industry Corporation 2019-05-26
• 

  Li Haigang, former general manager of Dongfeng Peugeot, has joined Chery Automobile.

  Chery car welcomes a general! According to media reports, Li Haigang, former general manager of Dongfeng Peugeot, has joined Chery Automobile and will be in charge of the new retail business, reporting to Jia Yaquan, deputy general manager and general manager of the marketing company of Chery Automobile Co., Ltd. Li Haigang is a veteran in the automobile industry with more than 20 years of market experience. According to the data, Li Haigang joined DPCA in 1996 and successively served as head of sales Department of Dongfeng Peugeot Commerce Department, Deputy Minister of Marketing Department of Dongfeng Peugeot Brand, General Manager of Dongfeng Peugeot, and other important positions, and was responsible for promoting Dongfeng Peugeot 4008 and other important products. After Li Haigang left office in September 2107, in 2017.

  Dragon car Dongfeng Peugeot 2020-12-18
• 

  The automobile industry is speeding up the reshuffle, and marginal car companies are facing elimination.

  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.

  Automobile industry automobile market 2020-04-18
• 

  Automobile exports fell 22.0% in February compared with the same period last year, which is better than the domestic automobile market.

  Affected by the COVID-19 epidemic, the domestic car market suffered a severe setback in the first two months of this year, so that passenger car sales fell by 20% in January and widened to 78.7% in February, the highest in history. By contrast, the decline in exports by Chinese car companies was relatively small, falling 19.4 per cent in the first two months compared with the same period a year earlier.

  Automobile 2020-03-22
• 

  Sudden announcement! Three senior executives of two Dongfeng joint ventures are investigated

  The anti-corruption campaign of Dongfeng Company continues. Following the investigation of two senior executives of DPCA on May 20 and June 4, a number of senior executives have recently been subject to disciplinary review and supervision investigation on suspicion of serious violations of discipline and law. According to the Dongfeng Automobile News on the 13th, a total of three senior executives of Dongfeng Automobile Joint Venture Shenlong Motor and Dongfeng Renault have been investigated. Chen Xi, former vice president and minister of marketing and sales of Dongfeng Renault Motor Co., Ltd., was subject to supervision and investigation. According to the notice, according to the discipline Inspection Commission of the CPC Dongfeng Automobile Group Co., Ltd., the Office of the State Supervisory Commission in Dongfeng Automobile Group Co., Ltd., and the Xianning Municipal Supervisory Committee, the former Dongfeng Renault.

  Dongfeng Motor Dragon Motor 2021-08-14
• 

  Independent car company CEO: automobile retaliatory consumption is not realistic, the most important thing is to survive

  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.

  Weimar Automobile China Automobile Market Automobile consumption 2020-04-19