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  There is a serious overcapacity of Chinese car enterprises, and only 8 of them have more than 100% capacity utilization.

  China's car sales have declined for two years in a row, more and more automakers have fallen into loss-making operations, and the industry has accelerated its reshuffle. As a result, the problem of automobile overcapacity is becoming more and more serious. According to the latest statistics of the China Federation of passengers, the utilization rate of passenger car capacity in China has dropped from 66.55% in 2017 to 53.74% in 2019, and nearly half of the factory capacity is wasted. There are only 8 car companies whose market demand is greater than their factory capacity. Data show that China's passenger car sales reached 21.4444 million in 2019, down 9.6% from the same period last year. At the same time, there are 128 car companies that have the qualification of passenger car production of the Ministry of Industry and Information Technology.

  There is a serious overcapacity of Chinese car enterprises and only 8 of them have more than 100% capacity utilization. 2020-02-22
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  Serious overcapacity and idle factories of more than 100 car companies

  During the two sessions of the National people's Congress this year, Wang Fengying, deputy to the National people's Congress and president of Great Wall Motor, put forward a proposal on improving the capacity utilization rate of China's automobile industry. Wang Fengying suggested that we should promote the automobile industry to gather in areas with full capacity utilization and sound supporting systems, cultivate a number of world advanced manufacturing clusters, encourage qualified advantageous enterprises to merge and reorganize enterprises with low capacity utilization or special publicity; strictly control the new vehicle capacity, curb blind investment, avoid inefficient repeated construction, and establish an exit mechanism. Data show that Chinese automobile manufacturers sold a total of 21.456 million passenger cars in 2021, compared with the same period last year.

  Evergrande Automobile 2022-03-15
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  Dongfeng Motor's "double 400" goal may be difficult to achieve, and its multi-brand production capacity is seriously idle.

  In the first half of this year, Dongfeng car sales totaled 1.6981 million units, down 11% from the same period last year, and declined again in the first half of this year after a year-on-year decline in 2018. In recent years, Dongfeng Motor has been supported by Nissan brands, the sales of independent brands and Korean and French joint ventures have fallen off a cliff, and its capacity utilization has also fallen to a freezing point. The continuous decline of China's automobile market has caused great pressure on many automobile enterprises, and the sales volume of many automobile enterprises has shown negative growth. At the same time, the output of most automobile enterprises accounts for only a small part of their production capacity. Dealing with excess spare capacity has become one of the urgent problems for automobile companies. Face it.

  Cars targets subsidiaries Dongfeng brands 2019-08-05
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  The specific model capacity of the fifth production line of Guangzhou Auto Toyota has been exposed, and the production capacity has reached 1 million vehicles after it was put into production.

  ​ has been growing since Toyota brand sales in China, in order to achieve capacity expansion and the layout of new energy models, Toyota's two joint ventures in China have already carried out capacity expansion to meet the market. According to a document a few days ago, the specific vehicle capacity of the fourth and fifth production lines that GAC Toyota is building has been exposed.

  Guangzhou Automobile Toyota 2020-11-03
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  Power battery: in May, BYD fell 36.1% from the previous month, and Guoxuan Hi-Tech increased significantly.

  According to MIIT certificate production data, a total of 111000 vehicles were produced in May 2019, and the installed capacity of power batteries in May 2019 was about 5.684GWh, an increase of 28 per cent year-on-year and 5.5 per cent month-on-month. Among them, pure electric models accounted for 96.2%, mixed models accounted for 3.6%, and the rest were installed for fuel cell models. The electric installed capacity in May 2019 mainly comes from pure electric vehicles. Production of pure electric passenger vehicles in May was 81000, with 3.78GWh installed, accounting for 56.5 per cent of the total installed capacity. In other vehicle segments, the output of passenger cars is higher than that of last month.

  BYD power battery 2019-06-23
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  Guangzhou Auto Toyota will invest 920 million to build a fifth production line and expand its production capacity to 400000 vehicles.

  As Japanese brands continue to rise in recent years, the Toyota brand still seems to want to continue to expand the layout of the Chinese market, including a number of previously exposed models launched in the Chinese market. Guangzhou Auto Toyota recently sold an industrial land in Nansha, Guangzhou for 919 million yuan, where it will build a fifth production line, the Financial Associated Press reported.

  Toyota 2020-03-14
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  The car market continues to decline, how to digest the excess capacity?

  Overcapacity is a difficult problem facing China's automobile industry at present. Since China's car market entered a golden period of rapid development in 2013, car companies that saw the potential of China's car market began to continue to expand their production capacity. however, the rapid growth of the car market did not last long. In 2018, the consumer demand for cars suddenly came to a sudden stop, suffering the first decline in sales in the market, making the capacity utilization rate of the automobile manufacturing industry less than 70% in that year. As of June this year, China's car market, which has been declining for 12 months, has not improved, and the pressure on overcapacity has further expanded. So in the face of the continuous decline in the car market, how to digest the excess capacity? Production.

  Slide 2019-07-29
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  Dongfeng Motor multi-brand overcapacity is serious.

  "overcapacity" has always been a topic of concern in the automobile industry. Since 2018, China's automobile industry has faced greater pressure, suffering from the first decline in market sales, with annual sales of only 28.08 million vehicles, down 2.8% from the same period last year. In the same period, the capacity utilization rate of the automobile industry is also less than 70%. In addition, judging from the current economic indicators, the overall growth rate of the market slows down, the car market remains depressed and does not pick up, it is difficult for the market to return to the original growth level in the short term, and the problem of overcapacity will continue to intensify. Dongfeng Motor was founded in 1969 and is now one of the three major automobile enterprise groups in China, with a number of cooperative brands. Of course.

  Car Dongfeng brand 2019-08-05
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  60% of the capacity is idle, Dongfeng Yueda Kia seeks the survival of American Express OEM.

  On June 17, Dongfeng Yueda Kia, Yueda Group and Chinese Express announced that the first model of Chinese Express will be produced at Dongfeng Kia production base and is expected to be put into mass production in 2021. But before the cooperation, it was reported that the first project of Dongfeng Kia would stop production at the end of this month. In this regard, the relevant person in charge said that the first factory in Ulai will serve as a base for the production of products by Chinese Express, and then the factory will be upgraded to meet the demand for new cars, and the upgrading is expected to be completed in the first half of 2021. The annual sales volume of Dongfeng Yueda Kia has dropped from 600000 to 300000, and its production capacity has been greatly reduced. Excess production must be eliminated.

  Dongfeng Yueda Kia Dongfeng 2019-06-28
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  BMW doubles battery capacity in its largest factory at a cost of $10 million

  Recently, BMW said it would invest $10 million to support electric vehicle capacity, doubling its lithium battery capacity at Spartanburg, the world's largest factory. To this end, the Spartanburg plant will add assembly lines and expand the area to 7990 square meters. The Spartanburg plant, the largest production center of the BMW Group in the world, is mainly responsible for the production of sports cars and coupes, producing the entire BMW X-series models including X3, X4, X5, X6 and X7, and has delivered more than 4.6 million vehicles for BMW in the global market. In 2015, the factory began to produce BMW.

  Factory BMW 2019-07-26
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  Guoxuan Hi-Tech suffered a sharp drop in net profit and violations in the first half of the year, and Volkswagen's shareholding remains to be seen.

  Guoxuan Hi-Tech, the third largest battery manufacturer in China, has been told that Volkswagen will take a stake since last year, and its share price and trend have gradually improved as the news of Volkswagen's stake has been gradually confirmed. However, the battery supplier, a favorite in the industry, has recently suffered from plummeting profits, suspected violations and falling rankings.

  The public 2020-07-16
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  A joint venture car company is said to have greatly reduced its production capacity due to poor sales.

  Following the news of layoffs in Ford China a few days ago, its joint venture, Anford, was also reported to have reduced millions of production capacity. Recently, Changan Ford, a joint venture owned by Ford in China, cut millions of production capacity due to falling sales, according to the Changjiang Business Daily. It is understood that Changan Ford has five facilities in Chongqing, Harbin and Hangzhou respectively.

  Ford Changan sales model product brand market automobile China peak period cylinder head car Fokker Fox 2023-05-18
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  Beijing Mercedes-Benz upgraded its BAIC Shunyi plant with an annual production capacity of 150000 units

  Beijing Mercedes-Benz Automobile Co., Ltd. officially announced the restructuring of the BAIC plant, which is located in Shunyi District of Beijing. Beijing Mercedes-Benz will upgrade the plant and put into production of Mercedes-Benz fuel vehicles and new energy vehicles, with an annual production capacity of 150000 units. It is also learned from the project document that the factory will produce two models codenamed Z243 and V295, of which Z243 is a traditional fuel model, with a total quality of 1580kg and an annual production of 80, 000 units. The V295 model is a new energy model, with a total quality of 2710kg and an annual production capacity of 70, 000 units. In fact, BAIC announced in 2018 that it was working with Daimlerda.

  Factory Beijing Mercedes-Benz BAIC 2019-05-11
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  Japanese car companies lost 1.6 billion US dollars due to the epidemic. Toyota plans to restore production capacity of its factories in China on March 9.

  According to media reports, Toyota will resume normal production at some of its factories in China on March 9, as will its local factories that have stopped production due to the impact of parts supply. It is understood that Toyota has four complete vehicle factories in China, which are located in Guangzhou, Changchun, Tianjin and Chengdu. These factories have stopped production since the outbreak in January and resumed production in mid-February, but production capacity has fallen sharply. Toyota resumed production at its Guangzhou and Changchun plants on February 17, Tianjin on February 18 and Chengdu on February 24. Feng.

  Toyota Nissan Honda Mazda Mitsubishi 2020-03-06
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  Toyota will reduce Lexus production capacity by 6% due to a huge decline in Lexus demand in China.

  The novel coronavirus epidemic, which began in January this year, has seriously affected the global automobile industry. as China is the main epidemic area, the domestic market suffered an unprecedented impact in February this year, and sales fell to 2006. To this end, Toyota will reduce production capacity due to the impact of the current epidemic. According to Japanese media reports, Toyota Motor Company has decided to reduce the production capacity of its premium car brand Lexus from March 16, including the production lines of Toyota's two factories in Japan. It is estimated that its production will be reduced by about 1600 vehicles, accounting for about 6% of its total production capacity. According to.

  Toyota 2020-03-11
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  With an annual production capacity of 400000 vehicles, BYD's fourth pure electric passenger car factory landed in Changzhou.

  Thanks to the surge in sales of new energy products, BYD increased 5.2 per cent to 117578 vehicles in the first quarter, of which BYD sold 46825 new cars in March, up 8.5 per cent from a year earlier, and sales of new energy vehicles still surpassed those of fuel vehicles. BYD sold 73172 new energy models from January to March, up 147 per cent from a year earlier, while fuel models sold 44406, down 46 per cent from a year earlier. BYD. PNG "/ > BYD, which is betting on pure electric vehicle routes, has opened the construction of its fourth pure electric passenger car plant and plans to speed up capacity expansion at other factories. April 25 th.

  2019-04-28
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  Is it really that easy to sell? It will take nearly two months for BYD Han to place an order due to insufficient production capacity.

  With the continuous decline of Tesla brand models, the market share of competitive models in the new energy vehicle market will be grabbed. For example, the previous online rumor that "Wei Lai was impacted by Tesla caused a transfer order", but it seems to have no impact on the sales of BYD, a traditional electric car company. Today, Zhao Changjiang, general manager of BYD Automobile sales Co., Ltd., said that BYD Han has to wait because of insufficient production capacity.

  BYD 2021-01-07
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  Domestic Model 3 exported to Europe, Shanghai factory capacity will continue to increase

  Tesla Model 3 made in China is officially exported. Tesla officially announced that the Shanghai factory has launched a complete vehicle export business, and according to the plan, Tesla's Model 3 standard and upgraded models will be exported to European countries, including Germany, France, Italy, Switzerland and so on. It is understood that domestic Model 3 vehicles currently used for export have arrived at Shanghai Haitong International Automobile Terminal and are expected to set sail next Tuesday. Song Gang, director of manufacturing and operations at Tesla's Shanghai super factory, said that at present, the Shanghai super factory has basically completed the climbing of Model 3 capacity, reaching the first-stage production target and meeting Chinese consumption.

  Tesla 2020-10-20
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  It is revealed that Tesla will set up a second factory in Shanghai.

  Tesla China will build a second factory in Shanghai, which will increase the annual capacity of 450000 cars, Reuters reported on May 3. It is understood that the news originated from a thank-you letter written by Tesla to the Shanghai government by Reuters. In the letter, Tesla thanked the officials in Hong Kong for their support. In addition, he also disclosed that he would enter.

  Tess Tesla Factory Shanghai News China sales Export Global Market Automobile production people official Target 2022-05-04
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  It is suspected that Audi's remote control key chip has insufficient production capacity, Audi's delivery car is only given one key.

  A few days ago, Audi issued a notice to dealers that Audi remote key chip production capacity is insufficient due to the impact of the global epidemic. Since July 5, 2021, some domestic Audi models (A4L, Q5L/Q5L Sportback, A6L/A6L PHEV) will be delivered with only one remote key and one mechanical key tooth. The affected vehicles can be identified by the new equipment number "SOP". Audi said that when production capacity is restored, remote control keys will be reissued in time and delivered by dealers for users.

  Audi 2021-07-08