From January to October 2021, the MPV market wholesale 834000 vehicles, with a cumulative growth rate of 6.3% From Ride Union

The following is the From January to October 2021, the MPV market wholesale 834000 vehicles, with a cumulative growth rate of 6.3% From Ride Union recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.
In October, the wholesale sales volume of MPV was 114000, a year-on-year decrease of 7.2%, a month on month increase of 18.4%, and the market continued to recover; From January to October, the MPV market wholesale 834000 vehicles, with a cumulative growth rate of 6.3%. The penetration rate of MPV in the narrow passenger car market was 5.0%, a decrease of 0.2% compared with the same period last year.
In the face of rapidly changing industries, this year’s new MPV products have been upgraded in a wide range of intelligent networking level, helped the sales structure tilt towards high-end, science and technology and ecology, and achieved high market attention and popularity. From the monthly MPV trend this year, the upward trend of the overall car market demand remains unchanged. By virtue of enterprise strength and product strength, the head car enterprises have highlighted their voice in the MPV market.
1. The monthly wholesale sales of MPV increased
Since June, the domestic wholesale sales of MPV have been rising for three consecutive months. There are many reasons for the rise, such as seasonal fluctuations in vehicle market demand, the spread of epidemic situation, the improvement of self-protection awareness, and the stimulation of new products into the market. In the fourth quarter, according to various sources, the chip supply has improved, but there is a structural shortage. Due to the bottom of the inventory level and the exit of some preferential policies at the end of the year, the MPV car market has the characteristics that the wholesale sales continue to rise in the fourth quarter.
2.10 enterprise analysis
The cumulative sales volume of the top 10 MPV enterprises was 744000, with a year-on-year increase of 11.8%, which was twice that of the overall MPV market; The market concentration was 89.2%, down 0.3 percentage points. Compared with last month’s ranking, except that Fujian Benz rose one place to eighth and JAC dropped one place, the rest of the rankings were basically the same. Among the top 10 enterprises, independent brands account for 54.2% and joint ventures account for 45.8%.
SAIC GM Wuling, SAIC GM and GAC passenger cars are still the top enterprises in the MPV industry, accounting for 60.6% in total. Among them, Wuling Hongguang, Buick GL8, GAC motor M8 and GAC motor M6 have become the basic background to ensure the high sales of top 3 car enterprises.
In terms of group attributes, 1) SAIC Group has three companies: SAIC GM Wuling, SAIC GM and SAIC Maxus, accounting for 53.4% of the market share; 2) GAC group has GAC passenger cars and GAC Honda, accounting for 16.1%; 3) Dongfeng Group has Dongfeng Liuqi and Dongfeng Honda, accounting for 10.4%; 4) Other auto companies, such as Fujian Benz, JAC and BYD, account for a total market share of 9.3%.
3. Top 10 product brand inspection
There are 49 domestic MPV products on sale, of which the sales volume of the top 10 product brands is 634000, a year-on-year increase of 20.0%, and the market concentration is 76.1%; The sales volume of the remaining 39 products was only 190000, a year-on-year decrease of 22.0%, and the market efficiency can be described as ice and fire. From the perspective of joint venture and independent camps, the sales volume of joint venture products accounts for 1 / 3; Independent brands account for 2 / 3.
4. New MPV products in Guangzhou Auto Show – full of imagination of intelligence and luxury
The Guangzhou Auto Show held at the end of November is a summary and Prospect of this industry. Although the MPV market is small, this year car dealers have new reporting contents and highlights for their MPV.
During this auto show, the business MPV competition is unforgettable, with intelligence and luxury full of imagination. 1) Saina is a newly listed medium and large-scale MPV, which has become a hot new car at the auto show. The price is 309800-405800 yuan. It is all hybrid and E-CVT continuously variable transmission, which is quite like Odyssey; 2) The new Odyssey has been comprehensively upgraded, and there is an “E: HEV” logo at the rear of the car. The whole series has been hybrid. At present, the accumulated users of odyssey in China have reached 670000; 3) Xinweiran is also very eye-catching at the auto show. The German characteristics of exquisite, reliable and humanized workmanship are expected, and it is expected to be officially listed in the first quarter of 2022; 4) Lantu unveiled the new MPV dreamer. The new car will launch extended range version and pure electric version, pointing to Toyota ELFA; 5) Rongwei imax8 has four creation versions and kangaroo versions; 6) SAIC Maxus brings a full-size pure electric MPV, named Maxus mifa 9, positioned at c-mpv; 7) Jac’s new car is Ruifeng M4, which is positioned at b-mpv; 8) Beijing Hyundai kustui and Dongfeng Yueda Kia Jiahua, which made their debut in Guangzhou auto show, once again became the focus of the auto show. The emergence of many medium and large MPVS has put great pressure on the dominance of GL8.
Once upon a time, Buick GL8 defined a market with a car, leading the development of China’s MPV market. After 22 years of development and five generations of product evolution, Buick GL has accumulated 1.49 million users in 8 countries. So far, all new models of 2022 GL8 Avia, gl8es land Zun and GL8 land business class have been listed, and 48V light mixing system has been added for the first time in the model year.
Dream and reality are only one step away. At this auto show, GL8 showed a concept car integrating various advanced technologies and concepts. We can’t even see key components such as steering wheel and accelerator pedal in the cabin, which is an eye opener.
5. New energy vehicles and ordinary hybrid vehicles are growing rapidly
Since this year, the sales performance of new energy vehicles (pure electric + plug-in hybrid) and ordinary hybrid vehicles in MPV market has exceeded expectations. In the first 10 months, the sales volume of pure electric (Bev) vehicles reached 24000, with a year-on-year increase of 330.5%; The sales volume of PHEV was 5360, with a year-on-year increase of 87.1%; The subtotal of the two vehicles was 29000, with a year-on-year increase of 246.8%, and the penetration rate in the MPV market was 3.5%. The sales of HEV was 82000, with a year-on-year increase of 21.3% and a penetration rate of 9.8%; The sales volume of traditional fuel MPV was 723000, with a year-on-year increase of only 2.1%, and the penetration rate was 86.7%. The penetration rate of traditional vehicles increased slightly compared with that of the previous month.
The data show that in the first 10 months of this year, new energy and ordinary hybrid vehicles grew at a high speed, reflecting the change of market demand structure. The total permeability of the two has increased to 13.3%, which deserves further attention.
6. Conclusion
To sum up, this year, domestic high-end business MPV is developing in the direction of intelligence, networking, electric power and ecology. A large number of manufacturer resources tend to gather to MPV. In the process of striving to adapt to the national dual carbon strategy, 2021 can be regarded as the start year of the high-end business sub market of MPV manufacturers. Undoubtedly, the future direction of MPV has shifted to large-scale, high-end, business and energy saving
More reading: China Automobile Circulation Association: from January to August 2021, a total of 623000 MPV vehicles were wholesale, with a year-on-year increase of 13.6%; passenger Federation: 222000 domestic new energy passenger vehicles were retail in July 2021, with a month-on-month decrease of 69%; passenger Federation: Research Report on commercial vehicle market forecast in July 2021; passenger Federation: comprehensive analysis of Beijing automobile market in July 2021; passenger Federation: national passenger vehicles in May 2020 Sales volume of 1.643 million vehicles, with a year-on-year increase of 6.3%. Passenger Federation: Monthly Analysis of the national passenger car market in September 2021. Passenger Federation: Wholesale 720000 vehicles in MPV market from January to September 2021, with a growth rate of 8.9%. Passenger Federation: in-depth analysis report of the national passenger car market in October 2021. Passenger Federation & cam: the product competitiveness index of the passenger car market in July 2021 was 91.0. Passenger Federation: analysis of the national passenger car market in October 2021 Federation: from January to October 2021, the sales volume of high-end cars ranked eighth in domestic red flag H9. Passenger Federation & cam: the product competitiveness index of passenger car market in August 2021 was 91.2. Passenger Federation & anluqin: the new four modernizations index of passenger car in September 2021 was 66.8. Passenger Federation: the in-depth analysis report of national passenger car market in September 2021. Passenger Federation & anluqin: the new four modernizations index of passenger car in August 2021 was 66.2
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