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According to a report recently released by the National Information Center, the production and sales volume of China's auto market reached 8.3 million in 2007, with an overall growth rate of 16.3%. China's auto consumption accounts for about 12% of the world's total consumption, and it still maintains its position as the world's second-largest market. The report also pointed out that the original goal of surpassing the United States in 2020 to become the world's largest auto market is likely to be achieved ahead of schedule in 2015.
Independent brand share reaches 30%
The report pointed out that the demand for passenger vehicles maintained a high growth trend, while domestic demand stabilized at a level slightly higher than 20% has continued for five quarters. In addition, sales of minivans with a special status in China are expected to reach 340,000 units in the first half of this year, and annual sales volume is expected to be around 700,000.
For commercial vehicles, the National Information Center expects annual demand to be around 2.4 million units, with an overall growth rate of around 15.5%. Among them, 2.1 million were sold domestically and 300,000 exported. In the first half of this year, sales volume of domestic commercial vehicles increased significantly, which was a year-on-year increase of 26%. However, the growth rate in the second half of the year will decline significantly, and the year-on-year growth rate is expected to be only 7.1%.
It is worth mentioning that in the first half of this year, the sales volume of self-owned brands accounted for 30% of the total sales volume of passenger vehicles for the first time, with a growth rate of 43.6%, far exceeding the 19.5% rate of the joint venture brand over the same period, but the advantages of self-owned brands are mainly in A00, In the low-end market of A0 level, the overall change in the market is detrimental to self-owned brands, and it is easy to understand that self-owned brands have developed more high-end models on the B-class or higher.
2015 is expected to be the world's first
In the first half of this year, China's domestic car sales reached 4.37 million, an increase of 23.3%% year-on-year, which was the fourth year of the WTO's peak growth rate of over 20% in six years. According to statistics, the proportion of sales of Chinese automobiles in the world has tripled in just six years.
Judging from the global sales of Chinese cars, China ranked seventh in the world in 2001, surpassed Germany in the top three in 2003, and surpassed Japan for the first time last year to become the second largest new car sales nation after the United States.
The world’s largest new car sales nation The United States currently sells about 17 million new cars each year, and even shows a declining trend. This year, although China’s new car sales are only about half that of the United States, the average annual growth rate is 20%. The gap with the United States is rapidly narrowing.
Based on the judgment that “China's GDP will quadruple by 2000, by 2020,†as early as 2005, the National Information Center predicted that by 2020, China will surpass the United States as the world’s largest new car sales market. However, due to the rapid development of the situation, the National Information Center made a prediction again in July this year that China will surpass the United States before and after 2015. By then, the market capacity will exceed 17 million, and all types of models have a large domestic market as a support.
Car complaints rose by nearly 30% in the second quarter
Recently, China Automotive Product Quality and After-sales Service Complaint Analysis Report was published in the second quarter of 2007. According to the report, in the second quarter of this year, the organization received a total of 1,346 complaints from users across the country, of which 1218 were valid complaints, respectively. In the first quarter, it increased by 28% and 30%, and the joint venture products and new vehicle quality problems were more prominent.
According to statistics, complaints from motor users in the second quarter involved dozens of domestic automobile manufacturers. The report pointed out that compared with the first quarter, complaints about the quality of China's automotive products and services in the second quarter of 2007 showed three characteristics. First of all, complaints from auto manufacturers of joint ventures have been on the rise. The problem of joint venture vehicles is concentrated on the engine, transmission, tires, body accessories and so on. Second, the number of complaints concerning the occurrence of major components in newly purchased automobile products within six months has increased. In the second quarter, complaints concerning engine, transmission and other core components accounted for more than 50%. Third, the proportion of complaints for tires and body accessories is on the rise. The share of the two increased by 5.3% from the first quarter.
In the first half of the year, the profit growth rate of key automakers exceeded 60%
Despite the auto market price war one after another, but it did not affect the auto company's profit growth. The latest statistics from the China Association of Automobile Manufacturers show that in the first half of this year, China's auto industry key enterprises (groups) have realized a total profit of RMB 30.206 billion, a net increase of RMB 11.987 billion compared to the same period of last year.
It is understood that 14 of the 16 key car companies in the country have realized their main business income over the same period of last year. In the first half of the year, the total profit growth of Chery Automobile, Guangzhou Automobile Group and China National Heavy Duty Truck Group was the highest, and their corporate profits increased by 210.63%, 150.27% and 142.95%, respectively. GAC Group surpassed Chang'an and BAIC in its main business income, and it became the automotive group second only to the domestic “big threeâ€; Chery’s profit from export and domestic sales has also increased substantially; Brilliance and Southeast China After achieving losses, the amount of earnings in the first half of the year increased steadily.
Correspondingly, Geely, a private auto company with a good growth performance, saw its total profit decline for the first time by 5.05% year-on-year, while Nanjing Automotive and Hafei, whose sales of cars have been difficult to improve, fell by a large amount in the first half of the year respectively. 12.50% and 19.34%; Changhe Company is still in a loss state, but the loss has decreased.
In the first half of the year, automobile imports and exports reached nearly US$30 billion
According to the statistics of the China Association of Automobile Manufacturers, auto imports and exports continue to maintain a relatively rapid growth, with the increase in exports being even more pronounced. The import feature is that vehicle imports have maintained steady growth, and the growth rate has dropped. Among them, the import growth of cars is still significant, and imports from Germany still account for the largest proportion; the import of off-road vehicles maintains a steady growth; the increase in the series of more than 3 liters in volume is most noticeable; the import performance of engines, parts and components, etc. is generally stable, and cumulative imports The amount exceeds 7 billion U.S. dollars; the major importing countries continue to occupy the largest share; the import amounts of Japan, Germany, and South Korea exceed 1 billion U.S. dollars.
In terms of exports, the growth rate of vehicle exports remained the same, and the export performance of major varieties was more prominent. Among them, the year-on-year growth rate of motorcycle export-led varieties has steadily declined. In the first half of this year, the total exports exceeded 4.6 million; exports of engines, parts and components and other commodities were well developed, with a cumulative foreign exchange earning of more than US$13 billion; 10 countries with the highest export value earned export revenues. The share of more than 50%, the United States and Japan's foreign exchange earnings exceeded $ 1.5 billion.
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