in 2020 to return to work dates around the country are not the same, but the epidemic is basically delayed a lot. As the automotive media practitioners Fortunately, we can work at home. But just like everybody else, we have only a mobile phone to accept a variety of information. As the opening years of the topic, this time to care big point, take a look at how Chinese car has been much impact.
to open the basic information the flying circle of friends is the real estate leasing Society Initiative rent-free, movie box office has shrunk nearly 10 billion Sibelius You-face village payday lending support, but three may …… 2020 start, can be summed up with buzzwords in 2019, the South too!
Originally, Chinese automobile in 2019 on not having a happy, and relevant institutions on the automobile market in 2020 is expected to be unsatisfactory: such as the Automobile Association expects China’s auto market in 2020 annual sales of 25.31 million, up down 2 percentage; market research firm IHS estimates that by 2020, China’s passenger car market will grow by 0.59 percentage; passenger Car market information Co expects China’s passenger car market in 2020 will grow by 1 percentage. Such a small increase in expectations on the automobile market has been very optimistic, but make matters worse, in 2020 the Chinese automobile market hit a new outbreak of pneumonia.
Now it seems that the epidemic will not only disrupt the people’s livelihood, but also erode the market economy, of course, not immune to the automobile market. Affected by the epidemic is still spreading, most provinces in the country delayed return to work, which is very serious disaster in Hubei Province, the province’s various enterprises return to work no earlier than February 13, remaining provinces are no earlier than February 9. So, after February 13 at 0:00, local car firms to resume normal production overall.
and Hubei Province is an important component part of China’s automobile industry (such as Dongfeng Motor Group), many auto / auto parts brands setting up factories in Hubei. Dongfeng Honda, which has three factories and three factories are located in Wuhan. This is the most direct influence can be seen.
also do not see the impact. During ordinary people isolated at home, also cause great impact on the automotive volume. Dealer does not feedActivities under the row lines selling cars, consumer into the store did not dare to look at cars, if only to sell cars online activities, may be able to birth a new model, but of establishing a new mechanism takes time, Moreover, even if really selling cars a large area of car prices did not return to work and how to ensure that capacity? Seen in this light, the Chinese automobile market and domestic car prices, car repairer and have already began to be affected.
that China is no car in addition to delay the resumption of work yet to do other things? of course not! As one of the pillar industry of China’s economy, China auto body mass amazing, they certainly have a lot of energy. So starting the year we see the Chinese auto companies have started to take on social responsibility. According to statistics, the automotive industry rush to the fight against SARS donated funds / total value of the goods, or more than 1 billion yuan.
and a lot of car prices by taking advantage of its overseas factories, but also for domestic emergency rush to the rescue of a large number of medicinal substances, to fight pneumonia, Chinese car prices duty-bound.
It now appears that the situation seems not optimistic. Looking back 17 years ago, however, a new type of pneumonia SARS epidemic and highly similar, and SARS on Chinese auto market that year but played a stimulating role in the short term, increased demand for cars, the market generated a wave of “car boom.” We could not help but think about it, this time the new complex could bring engraved pneumonia SARS positive growth?
Our conclusion is difficult. 2003 China just joined the WTO soon, the economy has been further off. Car began to enter family life, be regarded as the beginning of the first round of the popularity of the family cars, a large market demand, basically no inventory, sales data was essentially flat.
In contrast today, GDP growth rate is slowing, the automobile market is in the winter period, down 8.2 percentage 2019 car sales. China has been considered for inclusion in WHO public health emergencies, other countries, or will China impose trade, travel and other restrictions. The gap between the market and economic environment of the two great periods, when the incremental market, now is the stock market.
so these are all issues started not started and we need to confront and to think about how the automobile market in 2020Go now in doubt, everything good or bad predictions are not too convincing. But as long as we focus on to defeat the epidemic, we will have a solid foundation.