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The list of sales of 12 multinational car companies in China in the first half of 2019 has been compiled, of which Volkswagen Group beat GM to become the champion with sales of nearly 1.92 million vehicles, while GM ranked second with a gap of nearly 350000 vehicles. The top three Japanese car companies (Toyota, Honda and Nissan) occupy the last three seats in the top five. Of the 12 multinational car companies on the list, more than half of them showed varying degrees of decline in sales in China in the first half of the year, with PSA falling by 60.6%, compared with a 22.4% increase in Honda's sales in China. Next, let's take a look at the details of various car companies in China in the first half of this year.
On June 29, Toyota Motor Group released its global production and marketing report for May 2023. According to the data, Toyota sold 838500 vehicles worldwide in May, up 10.11% from a year earlier, marking its fourth consecutive month of positive year-on-year growth. Among them, the local sales in Japan increased year on year.
On March 30, Toyota Motor Group released production and sales figures for February 2022. Toyota's global production in February 2022 was 740996 vehicles, up 11 per cent from a year earlier, while global sales were 701339, down 2 per cent from a year earlier, according to data. Specifically, in terms of sales, Toyota sold 701339 vehicles worldwide in February, the sixth consecutive month of year-on-year decline. Among them, local sales in Japan continued to be lower than last year due to chip shortage and other factors, falling 26% to 101714 vehicles in February, but sales in overseas markets performed better, rising 4% to 59962 in February from a year earlier.
The auto market, which has just finished five consecutive declines and achieved growth, fell again in the first half of this year. According to the Federation of passengers, sales of narrow passenger cars totaled 9.261 million in the first half of 2022, down 7.2% from the same period last year. Except for a 22.7% year-on-year increase in June, sales declined in all other months, especially in April.
Not only 2019 has passed, the new year has also passed a month, car companies have announced New year's resolutions one after another. With the downward trend of the domestic automobile market for two consecutive years, there are still many unpredictable market performance this year, including the impact of the epidemic. In this regard, car companies have become more conservative about the new year's sales, and some even only want to outperform the market.
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.
According to the latest retail sales data of the Federation of passengers, sales in the domestic narrow passenger car market reached 1.451 million in August, down 14.8% from the same period last year, and 3.4% from the previous month. The cumulative sales of 12.899 million vehicles from January to August, up 17.1% from a year earlier. Of these, car sales were 734000, down 10.7% from the same period last year, up 1.8% from the previous month, down 22.1% from the same period last year, and 11.6% from the previous month. 640000 SUV sales were down 18.3% from the same period last year, and 7.8% from the retail sales list of sedans / SUV/MPV published by the Federation of passengers.
After the implementation of the new energy subsidy policy, the sales of new energy vehicles in China declined for the first time in July, but the impact has not abated, and the decline in sales in August was further expanded compared with the same period last year. According to the China Automobile Association, the production and sales of new energy vehicles completed 87000 and 85000 respectively in August, down 12.1% and 15.8% respectively from the same period last year. This year, car production and sales totaled 1.991 million and 1.958 million respectively, down 0.5 per cent and 6.9 per cent from the same period last year, while sales were less than 2 million, a trough over the years. China Automobile Association data show that in August this year, car production narrowed year-on-year decline, sales.
sales of Geely cars rose sharply in June compared with the same period last year due to clear signs of market recovery. Although it is compared with last year's car market experienced GB switching to the last month of sales "carnival" environment, Geely car sales this year is still higher than the same period last year, it is rare.
Global sales of Jaguar Land Rover fell 5.5 per cent year-on-year to 41866 in October. Of these, Jaguar sold 10606 vehicles in October, down 22.9 per cent from a year earlier, while Land Rover sold 31260 vehicles, up 2.4 per cent from a year earlier. Global cumulative sales of Jaguar Land Rover in fiscal year 2019 (April-October) were 299434, down 6.3 per cent from a year earlier. Among them, Jaguar brand global cumulative sales of 87469 vehicles, down 12.4% year-on-year; Land Rover brand global cumulative sales of 211965 vehicles, down 3.6% year-on-year. Due to Brexit and the market environment, since 2010.
According to the latest data from the Federation of passengers, retail sales in the domestic narrow passenger car market in December 2022 were 2.169 million, up 3.0% from the same period last year and 31.4% from the previous year. The cumulative sales volume for the whole year of 2022 was 20.543 million, up 1.9% from the same period last year. From the statistics of "concern of Automobile Industry"
Halfway through 2019, the domestic automobile market continued to show a sharp decline in the first half of this year due to the slowdown in economic growth and the continued decline in consumer demand, as well as the early implementation of the sixth national standard, Xinneng subsidy, double points and other policies. According to comprehensive passenger association information and related media reports, from January to June 2019, domestic narrow passenger car sales were 9.9542 million, a negative growth of 9.3% compared with the same period last year. In terms of sales, Volkswagen and GM are still the highest-selling automobile companies in China. At the same time, the performance of independent brands is generally mediocre, and the overall sales of Japanese car companies are on the rise. Among them, sales in the first half of 2019 are the best.
Under the dual influence of COVID-19 's epidemic situation and the cold snap in the car market, the sales volume of the national automobile market has been seriously affected, even as the domestic independent "leader" Geely. According to Geely's latest performance report, the company's revenue in the first half of 2020 was 36.819 billion yuan, down 22.6 percent from 47.558 billion yuan in the same period last year, while its net profit in the first half was 2.3 billion yuan, down 43 percent from the same period last year.
Today, BYD released data on its reported revenue for the third quarter of 2019, which shows that from July to September 2019. The company realized operating income of 31.638 billion yuan, down 9.17% from the same period last year, and the net profit belonging to shareholders of listed companies was 120 million yuan, down 88.58% from the same period last year. In the first three quarters of this year, BYD's operating income was 93.822 billion yuan, up 5.44% from a year earlier, while net profit belonging to shareholders of listed companies was 1.574 billion yuan, up 3.09% from a year earlier. BYD, BYD Yuan EV, BYD Song, BYD Tang EV, BYD Qin EV t.
as the world's two largest car companies by sales have announced results, the first two sales list of multinational car companies in the first half of the year has also been announced. Toyota sold 4.164 million vehicles in the first half of this year, surpassing Volkswagen's sales figure of 3.89 million and bringing it back to the top of the world in six years, according to the data.
Under the influence of the general environment, the domestic automobile industry suffered a great test in the first half of this year. According to the latest half-year production and sales data released by the China Automobile Association, in the first half of 2022, automobile production and sales reached 12.117 million and 12.057 million respectively, down 3.7% and 6.6% from the same period last year.
The car body is still cold, and the car companies are suffering. Under the background of the cold winter in the domestic car market, the export of cars has also become a key channel to promote sales. In a global market that has lost its home-court advantage, maintaining a performance of more than one million vehicles is also good news for China's car exports. Although the car market in the domestic market has been shrouded by a cold winter, there does not seem to be much pressure on the export business. Although statistics from the China Automobile Association show that from January to July, China's automobile enterprises exported 569000 vehicles, down 6.3 percent from the same period. However, according to the statistical caliber of the General Administration of Customs, exports increased in the first half of this year compared with the same period last year, with a total export from January to June.
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.
With the strong rebound of the domestic car market since April, it has achieved four consecutive months of year-on-year growth in August this year, which forms a big contrast to the market that has suffered a continuous year-on-year decline, but due to the impact of this year's epidemic, only a few car companies have turned their annual sales positive.
The federation released figures on passenger car production and sales in January 2019, which showed that retail sales of narrow passenger cars (sedans + SUV+MPV) in the same month were 2.16 million, down 4 per cent from a year earlier and 2.8 per cent from a month earlier. Retail sales growth improved in January compared with an average of-15.0% year-on-year growth in the fourth quarter of last year. According to each segment, car sales in January were 1.072 million, up 2.2% from a year earlier, down 2.1% from a month earlier, 938000 SUV sales, down 9.1% from a year earlier, up 3.6% from a month earlier, down 151000 from a year earlier, down 11.1% from a year earlier.
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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