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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.
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.
Recently, SAIC officially released sales figures for September and the first three quarters of this year. According to the data, SAIC sold about 4.414 million vehicles from January to September this year, down 14.23% from the same period last year. Among them, monthly sales in September were about 550000 vehicles, down 9.94% from a year earlier, compared with a 7.87% year-on-year decline in August by SAIC. From the perspective of specific brands, SAIC joint venture brands are in a downward trend. In the first three quarters, SAIC-Volkswagen sold 1.516 million vehicles, down 8.2% from the same period last year; SAIC GM sold 1.434 million vehicles, down 15% from the same period last year.
According to the latest sales figures released by the China Automobile Association, car sales in China in November were 2.457 million, down 3.6% from a year earlier, with cumulative sales of 23.11 million vehicles from January to November, a year-on-year total of 9.1%. Under the cold winter season of the car market, a total of 7.478 million Chinese brand passenger cars were sold from January to November, down 16.9 percent from the same period last year, accounting for 38.9 percent of the total passenger car sales, and the share decreased by 3.0 percentage points compared with the same period last year. According to the top 15 ranking of Chinese brand passenger car sales from January to November released by the Federation of passengers, a total of 12 Chinese brand car companies showed a year-on-year decline in sales, with only 3 cars.
With April has passed more than half the time, the major domestic car companies have announced last year's financial results, and will usher in the latest financial data in the first quarter. However, when there was no optimistic upward trend for the entire automobile market, it was disrupted by a sudden COVID-19 epidemic, so that it began to usher in a sharp setback in 2020.
Great Wall Motor officially released its 2019 results report today. KuaiBao showed that the operating income of Great Wall Motor in 2019 was 96.455 billion yuan, compared with 99.23 billion yuan in the same period last year, down 2.8 percent from the same period last year. The net profit of shareholders belonging to the listed parent company was 4.493 billion yuan, compared with 5.207 billion yuan in the same period last year, down 13.73 percent from the same period last year. Great Wall Motor said that the main reason for the decline in the company's net profit compared with the same period last year was that the company continued to strengthen brand building, introduced services such as ultra-long warranty to enhance brand image and brand loyalty, continued to increase investment in research and development, and reduced non-operating interest income. But even though.
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According to statistics from the China Automobile Association, in the first half of this year, a total of 12.132 million cars were produced and 1232.3 vehicles were sold in China, down 13.7% and 12.4% respectively from the same period last year. Among them, passenger car sales in the first half of the year were 10.127 million, down 14.0% from the same period last year, and the decline began to narrow from January to May. Sales of cars, SUV and MPV fell 12.9%, 13.4% and 24%, respectively. According to the recent financial data released by enterprises, it is a mixed blessing. BAIC New Energy and BYD grew with the help of new energy vehicles, while Haima lost money but decreased compared with last year.
Fukuda responded to a huge loss of 3.6 billion, citing Bowo's central passenger car business as the main reason for the loss. Since its listing in 2016, Bowo's net profit has been-484 million,-985 million and-2.545 billion yuan respectively, with losses increasing year by year. Bowo's loss in 2018 accounted for 70% of Futian Motor Co., Ltd., due to the decline in sales and the increasing intensity of the market as a result of the downturn in the passenger car market, and the increase in advertising promotion fees compared with the same period last year. The amount of financing for the current period increased compared with the previous year, but the financial expenses increased compared with the same period last year, resulting in the same profit.
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.
The first quarter of 2019 has passed, in the car downturn environment, various car companies have also released April results, some due to the environmental downturn affected by the decline in performance, but also against the trend of car companies. There are basically no self-sufficient brands in cars, only Geely's Dihao appears in the 11th place, and the year-on-year decline in sales is also huge. Sales of the top three are still more popular established players, the highest sales performance in April is Nissan Xuanyi, but also down 7% from the same period last year; only this is New Longyi, down 1% from the same period last year; the largest increase in sales is New Accord, up 1.3 times from the same period last year.
Yesterday, SAIC released its June production and sales KuaiBao: sales in June were 466500, down 15.97 per cent from a year earlier, while SAIC sold 2.9373 million vehicles in the first half of the year, down 16.62 per cent from a year earlier. Among them, SAIC GM Wuling sales fell 29.19% compared with the same period last year. SAIC-Volkswagen sold 919100 vehicles in the first half, down 9.94 per cent from a year earlier, while SAIC GM sold 834100 vehicles in the first half, down 12.91 per cent from a year earlier. Among the 10 enterprises listed by KuaiBao in production and marketing of SAIC Group, only SAIC Zhengda Co., Ltd. and SAIC GM Wuling Automobile Indonesia Co., Ltd.
Great Wall Motor released production and sales figures for July 2019. According to the data, Great Wall Motor sold a total of 60357 new cars in July this year, an increase of 11.09% over the same period last year. From January to July this year, Great Wall Motor sold a cumulative total of 553895 vehicles, up 5.33% from the same period last year. In addition, under the globalization strategy of Great Wall Motor, Great Wall Motor exported a total of 7403 new cars in July this year, a year-on-year increase of 69.48%. From January to July, Great Wall Motor exported a total of 37708 new cars, an increase of 35.69% over the same period last year. Great Wall owns a number of brands, including Harvard, WEY, Euler and Great Wall pickups.
On January 8, Changan Automobile officially announced its production and sales in 2019. Data show that in December 2019, Changan automobile production and sales were 197039 and 193716 respectively, an increase of 83.52% and 30.98% respectively over the same period last year; and the cumulative production and sales of Changan automobile in 2019 were 1797429 and 1759971 respectively, down 10.08% and 15.16% respectively. Among them, Changan independent brands (Chongqing Changan, Hebei Changan, Hefei Changan) accumulated sales of 849552 vehicles in 2019, down 7.84% year on year; Changan Ford was tired in 2019.
FAW-Volkswagen released sales figures for July, with cumulative sales of 157323 vehicles in July, an increase of 2% over the same period last year, ranking first in the passenger car market. Among them, the Volkswagen brand sold 101100 vehicles in July, maintaining a positive growth momentum; Audi brand sales of 56223 vehicles in July, an increase of 6.1% over the same period last year, not only continued the growth momentum of the first half of the year, but also set a new sales record for the same period. In terms of the Volkswagen brand, 24657 SUV models were sold in July, and the SUV family continued to be shortlisted for the "monthly sales of more than 10,000 clubs". Among them, high-end medium-sized SUV Tanyue, July sales of 14pi 4.
In 2018, the cumulative sales of all Changan automobile brands reached 2.137785 million, down 25.58% from the same period last year, and almost all Changan brands declined. Entering 2019, Changan Automobile still continues the trend of sharp decline in sales in 2018. According to figures released by Changan Automobile, the company sold 144200 cars in January, down 40.1 per cent from the same period last year. In January, the sales of all six subsidiaries of Changan Automobile declined to varying degrees. The monthly sales of Changan independent brand Chongqing Changan was 66556 vehicles, down 34.4% from the same period last year. In addition to Chongqing Changan.
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.
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.。
Today, FAW Xiali officially released its 2019 half-year report, which showed that in the first half of this year, FAW Xiali achieved revenue of 268 million yuan, down 62.45% from the same period last year, and a net profit loss of 551 million yuan, compared with a loss of 637 million yuan in the same period last year. Affected by the continuous downturn of the automobile market, the tightening of national emission standards and the weakening of the company's products, differences in positioning and configuration, weakening of sales channels and other factors, the company's sales volume continues to decline. According to statistics, in the first half of this year, FAW Xiali produced a total of 1126 Weizhi and Junpai cars, down 93.34% from the same period last year, and sales of 3929 cars, down 6% from the same period last year.
Recently, Jiangling released its third quarter report in 2019. According to the report, Jiangling Motor achieved sales revenue of 6.686 billion yuan in the third quarter of this year, up 13.28 percent from the same period last year, while net profit belonging to shareholders of listed companies was 98.8114 million yuan, up 198.65 percent from the same period last year. In the first three quarters of 2019, the company achieved sales revenue of 20.408 billion yuan, an increase of 1.08% over the same period last year. Net profit belonging to shareholders of listed companies was 158 million yuan, down 27.93% from the same period last year. Although Jiangling Motor performed well in the third quarter, it still showed a decline in the financial results of the first three quarters.
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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