Automobile industry

It is estimated that the sales volume of domestic automobile market will reach 25 million in 2020 From China Automobile Industry Association

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The following is the It is estimated that the sales volume of domestic automobile market will reach 25 million in 2020 From China Automobile Industry Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

From – 20% to – 2%, the domestic auto market is expected to “soft land” this year. On December 11, the China Automobile Industry Association (hereinafter referred to as “CAAC”) released data showing that in the first 11 months of this year, the cumulative decline in domestic automobile production and sales narrowed to less than 3%. In the face of the continuous improvement of the epidemic prevention and control situation and the stimulation of favorable policies to open the “catch-up” mode of automobile sales, the auto industry association of China (CAAC) once again returns to the judgment at the beginning of the year for this year’s auto market sales volume, and it is expected that the decline rate of production and sales is expected to narrow to less than 2%. This means that the domestic car market will end in a “tail end”.

It is worth noting that, while the domestic auto market has recovered as a whole, the cumulative sales volume of domestic new energy vehicles has turned positive for the first time this year. At the same time, the CAAC predicts that the sales of new energy vehicles in December this year will set a record sales volume in a single month. Industry insiders believe that under the stock competition environment, new energy vehicles have become an important sales contributor to the stability of the automobile market. With the gradual maturity of the domestic new energy vehicle market and the acceleration of the distribution of foreign vehicle models in China, the contribution of new energy vehicles to the domestic automobile market will become increasingly prominent in the future.

Annual sales are expected to exceed 25 million

The situation of epidemic prevention and control continued to improve, as well as the release of consumer demand, the domestic car market continued to warm up. According to the data, in November this year, the domestic automobile production and sales volume were 2.847 million and 2.77 million respectively, with a month on month increase of 11.5% and 7.6%, and a year-on-year growth of 9.6% and 12.6%.

Among them, passenger cars continue to maintain growth and further increase their contribution to the growth of the automobile market. According to the data, in November this year, the production and sales of passenger cars were 2.329 million and 2.297 million, with a month on month increase of 11.8% and 8.9%, and a year-on-year growth of 7.5% and 11.6%; the production and sales of commercial vehicles were 18000 and 472000, with a month on month increase of 10.6% and 1.9%, and a year-on-year growth of 20.3% and 18%. In the case of monthly sales recovery, this year’s domestic car market cumulative sales decline also narrowed again. In the first 11 months of this year, the cumulative production and sales of domestic automobiles were 22.372 million and 22.47 million respectively, down 3% and 2.9% year-on-year, and the decline rates were 1.6% and 1.8% respectively.

Fu Bingfeng, executive vice president and Secretary General of the China Automobile Association, said: “the excellent performance of the domestic passenger car market this year is mainly due to a series of policies issued by the national and local governments to promote automobile consumption, including increasing the index of passenger cars and subsidizing the replacement of old cars with new ones. In addition, various forms of promotion activities launched by various localities have better released the demand of the automobile market It plays a positive role in promoting the recovery of automobile market. The growth of commercial vehicle market sales is due to the demand dividend brought by the “new infrastructure” and the old vehicle elimination policy. “

At the same time, Fu Bingfeng believes that this year’s domestic auto market sales are expected to reach 25 million, and the decline in automobile production and sales is expected to narrow to less than 2%. Among them, the sales volume of passenger cars is expected to exceed 20 million in the whole year. It is worth noting that at the beginning of this year, the China Automobile Association said that the domestic car market sales volume this year will decline by 2% year on year. However, due to the outbreak of the epidemic, the domestic auto market sales in the first quarter of this year pressed the “pause” button, and the Auto Association of China once adjusted the annual forecast to a year-on-year decrease of 20%. However, since April this year, the domestic automobile market began to stop falling and recover. In May this year, the domestic automobile production and sales volume showed a double-digit growth year-on-year. As the single month sales continued to warm up, the cumulative negative growth of domestic automobile market gradually narrowed.

Chen Shihua, Deputy Secretary General of the China Automobile Association, said that in the first 11 months of this year, the cumulative decline in the domestic car market has narrowed to less than 3%. The current sales situation is better than the previous forecast, and the annual sales volume is expected to exceed 25 million vehicles. “With the continuous improvement of the domestic economic environment and the promotion of consumption policies, market demand will continue to recover.” He said.

The accumulated sales of new energy vehicles turned positive for the first time in the year

Under the background of the overall recovery of the automobile market, the sales of new energy vehicles which had fallen behind before became the main force of recovery. According to the data, in November this year, domestic production and sales of new energy vehicles continued to maintain rapid growth, reaching 198000 and 200000 respectively, with a month on month increase of 17.5% and 24.1%, and a year-on-year growth of 75.1% and 104.9%. From the perspective of model segmentation, in November this year, the production and sales of pure electric vehicles were 164000 and 167000 respectively, with a year-on-year growth of 66.2% and 100.5%; the production and sales of plug-in hybrid electric vehicles reached 33000, with a year-on-year increase of 136.4% and 128.9%.

Under the background of single month sales rising, the cumulative sales volume of domestic new energy vehicle market also returned to positive for the first time this year. According to the data, in the first 11 months of this year, the sales volume of new energy vehicles was 1.109 million, up 3.9% year on year. In this regard, the relevant person in charge of CAAC said that the growth of new energy vehicle sales benefited from the government’s consumption support for new energy vehicles and the strong promotion of enterprises.

In fact, from last year’s subsidy decline to the first half of this year, domestic new energy vehicle sales continued to decline, prompting car companies to make strategic adjustments. In July this year, the Ministry of industry and information technology and other three ministries and commissions jointly issued the notice on carrying out new energy vehicles to the countryside. From July to December this year, many rural activities were organized in many places. “The launch of new energy vehicles to the countryside this year has enabled enterprises to pay attention to the rural market while laying out the high-end market,” said the relevant person in charge of the China Automobile Association

Industry insiders said that with the continuous promotion of new energy vehicles going to the countryside, the sales of low-cost models have increased significantly. In addition to the hot sales in the low-end market to boost the recovery of the new energy vehicle market, the pressure of the double point policy forced the car companies to sprint the sales of new energy vehicles. It is worth noting that Bai Hua, a second-class researcher from the automobile development department of the first division of equipment industry of the Ministry of industry and information technology, has disclosed that in the near future, it will organize and implement the “action plan for promoting the electrification of vehicles in the public sphere”, carry out a new round of automobile going to the countryside, and continue to promote new energy vehicles to the countryside and guide users to consume.

Driven by the favorable policies, Chen Shihua said that the domestic sales of new energy vehicles in December 2018 was 225000, the highest sales record in a single month, and it is expected to break the record in December this year. “Judging from the current situation, the sales of new energy vehicles in December this year should still be at the level of 200000 vehicles, which is expected to break through the best performance in a single month in history.” He said.

Competing for 10 times incremental space

According to the data, the domestic production and sales of new energy vehicles last year were 1242000 and 1206000 respectively, down 2.3% and 4% year-on-year. Under the influence of the outbreak of the epidemic and the decline of subsidies, the CAAC predicted that the sales of new energy vehicles this year would be 1.1 million. However, from the sales data of the first 11 months of this year, the cumulative sales volume has exceeded the previous forecast. Baihua predicts that the sales of new energy vehicles will reach 1.3 million this year.

According to industry insiders, after the downturn of subsidies and the rapid adjustment of enterprises under favorable policies, the new energy vehicle market has returned to the growth track. With the continuous increase of the ownership, the new energy vehicle market is becoming the main force of the domestic automobile market.

On November 2 this year, the State Council issued the new energy vehicle industry development plan (2021-2035), which proposed that the domestic new energy vehicle sales volume should reach 20% of the total new vehicle sales by 2025. Beijing Business Daily reporter learned that the domestic sales of new energy vehicles do not exceed 5% of the total sales of new vehicles. It was only last year that the domestic sales of new energy vehicles exceeded one million. This means that, according to the planning requirements, the sales volume of new energy vehicles will maintain an average annual growth rate of 4% in the next few years, and the annual sales volume of new energy vehicles will reach tens of millions.

In the face of huge incremental space, both independent and foreign brands are speeding up the distribution of new energy products in China. Among them, Volkswagen, which accounts for half of the sales in the domestic auto market, officially released its first pure electric vehicle id.4 this year. As a pure electric ID of Volkswagen. The first product of the family to be introduced into the Chinese market, the arrival of id.4 means that the Volkswagen brand has taken the “first step” of electrification in the world’s largest new energy vehicle market. According to the public’s plan, eight ID models will be introduced in China in 2023. Family model.

In addition to Volkswagen, BMW, Mercedes Benz and Audi have also launched pure electric vehicles in China. According to the relevant person in charge of BMW, China will be the main production base of BMW’s new energy vehicles in the future, and domestic models will be exported to the world in the future.

Facing the strategy of speeding up the new energy vehicles by foreign brands, and the independent brands that have been deeply cultivated in the new energy vehicle market for many years, they began to choose the “upper attack” to seek a breakthrough. Among them, Dongfeng Group launched the high-end electric vehicle brand “lantu” and made its debut in the near future. At the same time, SAIC and Alibaba launched a new new energy brand Zhiji automobile, which received 10 billion yuan of financing in the initial stage, becoming another new platform to announce the impact on high-end electric vehicle manufacturing.

Yan Jinghui, an expert in the automobile industry, said that under the situation of joint ventures and foreign brands entering the domestic new energy vehicle market with high profile, the independent brands with multi layout of medium and low-end models also began to choose to look for breakthroughs.

According to the data, in the first 11 months of this year, the sales volume of the top ten domestic automobile sales groups totaled 2012.1 million vehicles, a year-on-year decrease of 3.3%, accounting for 89.5% of the total automobile sales, with a year-on-year decrease of 0.4%. Chen Shihua said that China’s brands are under great pressure, and one of the reasons for the decline in market share is that they are occupied by new domestic car makers and new energy vehicle companies such as Tesla.

CAAM: in the first half of 2014, 9.6 million passenger cars were sold in China, up 11% year on year. CAAM: in May 2020, China’s auto sales volume was 2.194 million, with a month on month increase of 5.9%. Future auto Daily: China’s auto market is changing direction (download attached) China’s auto market continues to decline: how can auto companies counter the trend? China Automobile Industry Association: from January to September 2020, China’s cumulative automobile output will be 16.957 million, down 6.7% year on year. China Automobile Industry Association: from January to November 2019, the sales of new cars will be 23.11 million, with a year-on-year decrease of 9.1%. Ministry of Commerce: China’s automobile sales in 2017 will reach 28.879 million Year on year growth of 3% LYFT: it is expected that young people in the United States will no longer buy cars in the next five years. In May 2015, the sales of luxury cars in Europe will decline. China Automobile Circulation Association: the second-hand car market transaction volume in May 2016 is 830800, with a year-on-year increase of 11.4%. China Automobile Industry Association: the sales volume of new energy vehicles in China will be 1.206 million in 2019 Auto Industry Association of China: top 15 sales volume of Chinese brand cars from January to August in 2019 China Automobile Industry Association: domestic automobile sales volume in September 2018 was 2.39 million, with a year-on-year decrease of 11.6%. China Automobile Industry Association: from January to September 2018, the production and sales of new energy vehicles in China exceeded 700000, with a year-on-year growth of more than 70%

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