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China Automobile Association: In August, the auto production and sales will further explore the annual market or lower than expected.

Since the “Flexing” crisis in December last year, the second quarter of this year has entered a climax, and the automotive industry has entered normalization. The industry is generally believed that this crisis will be alleviated in the third quarter. However, accompanied by the epidemic in Southeast Asia, the shortage of car chips is also more intense.

As far as the domestic auto market, the terminal offer is raised, and some sell-selling models have become a common phenomenon. The production and sales of automotive production have been declining in a row. In August, the decline in the Dadwang season, the decline is still not alleviated.

China Vehicle Association is pointed out that industrial enterprises have continued to constantly restore their tests in late July, and there is an exasive epidemic in some parts of the country. The production supply of enterprises is hindered; the high-level operation of bulk commodity prices has gradually appeared, especially the profitable space of the small and lower reaches of small and lower reaches is constantly being squeezed. The operation pressure of the automotive industry has increased.

The passenger car expansion, the new energy continues to rapidly enter According to the data released by the China National Strong Association, the auto production and sales in August completed 172.5 respectively. Wan and 1799,000, year-on-year, double drop, and the decline is further expanded. From January to August, car production and sales have completed 1616.6 million vehicles and 16.556 million, compared with the same period of 2019, the production and sales have grown slightly. China Automobile Association Analysis 2019, 2020 sales points indicated that the sales level of the previous 9-December will be significantly higher than the first few months, indicating that the market demand will increase, but superimposed chip supply Nervous problems, future enterprises production pressure is still large.

Specifically, as the main force of the automotive market, the passenger car market continues the previous trend, and the production price in August continues to decline. Among them, only the four types of types of passenger cars have increased, and the production and sales of other three types of models have declined. China Vehicle Leagation, this is mainly due to the current development of the current passenger car presents the development of supply and demobacity, where the market demand is relatively stable, and the supply of supply is reduced.

Commercial vehicle, August commercial vehicle production and sales229,000 and 247,000, year-on-year, and the market has declined sharply, and the market presents a significant high and low state. The analysis of the China Automobile Association believes that the commercial vehicle is affected by the Six Drainage Regulations of Heavy Duty Diesel Car July 1, causing market fluctuations. The overall trend of a commercial vehicle and commercial vehicle is that the new energy market has once again become a highlight. August production and sales continued to refresh and exceed 300,000. At the same time, the penetration rate in June – August continues to increase to nearly 11%.

It can be seen that through many years of cultivation, all aspects of new energy markets are gradually mature, rich and diverse products are constantly satisfying market demand, more and more Consumers’ recognition. China Automobile Association believes that in order to develop in this situation, my country is expected to implement a medium and long-term planning goal of 20% of the new energy vehicles in 2025.

China brand share is reunited, the automotive export innovation is high

It is worth paying attention to the market production and sales of passenger cars short pressure, but Thanks to the improvement in the products and technology, the market share of China’s brand continues to grow, of which the head enterprise industrial chain toughness is strong, effectively resolves the chip shortage pressure, and the market concentration is further improved. Data show that China’s brand passenger car sales reached 704,000 units, an increase of 6.8% year-on-year, with a market share of 45.3 percentage, up 7.8 percentage points. From January to August, China’s brand passenger car accumulated sales year-on-year increase of 36.7%, and the market share reached 42.8%.

Inside the autonomous brand, the Matthew effect is more embarrassing, and the head catere is good. From January to August, the top ten enterprises in the car sales were 14.267 million, the year-on-year increase of 11.1%, accounting for 86.2 percentage of total car sales. From the list of sales TOP 10 list, only Jiang dynasties and Brilliance will have a slight decline, Chery, BYD, Chang’an, and Great Wall have a substantial growth.

In addition, another highlight of the market in the market is the car exit.. Specifically, the export of automobile enterprises in August, an export of automobile companies, an increase of 7.5 percent, an increase of 1.6 times a year-on-year. Among them, the passenger car export increased by 1.9 times year; commercial vehicle exports increased by 85.7 percentage; new energy vehicle export growth contribution was 35.2 percentage.

Overall, it is repeated by domestic epidemics and Malaysian epidemic, supply chain risks, which have further increased the pressure reduction pressure, and the effect of high-class number of last year, and in August, auto production continued to undergo. However, the China Auto Part is pointed out that the auto production and sales in June – August were still slightly increased compared with the same period of 2019, and the demand in the end market was stable.

Outlook for the fourth quarter, China and Automobile Association pointed out that the national economic operation is generally stable, supporting the consumption demand stability. But supply-side greater volatility, complex domestic and international situation has brought a lot of uncertainty, chip supply shortage caused by the outbreak overseas is still there. At the same time, the fluctuations in the market demand in the commercial vehicle market and the rise of raw materials will further increase the cost of corporate cost. Comprehensive factors, preliminary preliminary expectations or will be lower than expected.
It is understood that, in the case, the China National Automobile Association expects that the total number of automobiles in my country will reach 27 million this year, and the growth rate is about 6.7 percentage. Chen Shhua, deputy secretary general of the China Automotive Industry Association, pointed out that three or fourth quarters car sales were a big probability event, but the whole year’s accumulated sales would be higher than last year.

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