China Automobile Association: July auto market entering the off-season production and sales in line with expectations

July is the traditional off-season of the automotive market, but car production and sales are still growing at a low rate. China Automobile Association believes that the national macro-control and the withdrawal of auto policies are still the main factors affecting the growth of automobile production and sales. At the same time, most companies conduct equipment maintenance and high-temperature holiday, affecting the total production and sales.

The production and sales of automobiles are in line with expectations that both passenger vehicles and commercial vehicles are on a decline. The subdivision models show that except for the sequential increase in the production and sales of sports multipurpose passenger vehicles (SUVs), all other types of passenger vehicles have shown significant declines. On a year-on-year basis, the growth rate of production and sales of passenger cars is higher than 5%, while that of commercial vehicles is down more than 10%.

From January to July, the production and sales of passenger cars from the subdivision models, SUV and MPV production and sales growth of more than 10%, outstanding performance; production and sales growth of cars were 7.63% and 8.35%, under the influence of many unfavorable factors, the entire car It still performed well; cross-subsidiary passenger vehicles were significantly affected by policy exits, with production and sales falling by more than 10% year-on-year.

From January to July, according to the subdivision model of commercial vehicle production and sales, with the exception of semi-trailer tractor production growth and slight decrease in sales, other models have shown significant decline; the production and sales of semi-trailer tractors have fallen by 36.54% and 32.80% respectively. The most declining models; trucks, buses, non-integrated vehicles and non-integrated trucks also showed varying degrees of decline; passenger car sales growth rate exceeded 10%, and performed well.

From the perspective of the growth of each model, there is a clear structural increase under the influence of relevant policies. Cross-passenger passenger vehicles are most affected by the withdrawal of policies, and the decline is significant, and there is a trend of further expansion. This has a direct impact on the growth of the passenger vehicle market. Passenger cars with the exception of cross-type passenger vehicles perform better overall; in commercial vehicles In the middle, the overall production and sales of passenger car products showed a relatively rapid growth, and the category of trucks fell significantly under the influence of the national macro-control policies.

The growth rate of SUV and passenger vehicles was significantly higher in July, with passenger cars and commercial vehicles both decreasing month-on-month. The subdivision models showed that except for the sequential increase in the production and sales of sport utility vehicles (SUVs), all other types of passenger vehicles were It has dropped significantly. On a year-on-year basis, the growth rate of production and sales of passenger cars is higher than 5%, while that of commercial vehicles is down more than 10%.

From January to July, the production and sales of passenger cars from the subdivision models, SUV and MPV production and sales growth of more than 10%, outstanding performance; production and sales growth of cars were 7.63% and 8.35%, under the influence of many unfavorable factors, the entire car It still performed well; cross-subsidiary passenger vehicles were significantly affected by policy exits, with production and sales falling by more than 10% year-on-year.

From January to July, according to the subdivision model of commercial vehicle production and sales, with the exception of semi-trailer tractor production growth and slight decrease in sales, other models have shown significant decline; the production and sales of semi-trailer tractors have fallen by 36.54% and 32.80% respectively. The most declining models; trucks, buses, non-integrated vehicles and non-integrated trucks also showed varying degrees of decline; passenger car sales growth rate exceeded 10%, and performed well.

From the perspective of the growth of each model, there is a clear structural increase under the influence of relevant policies. Cross-passenger passenger vehicles are most affected by the withdrawal of policies, and the decline is significant, and there is a trend of further expansion. This has a direct impact on the growth of the passenger vehicle market. Passenger cars with the exception of cross-type passenger vehicles perform better overall; in commercial vehicles In the middle, the overall production and sales of passenger car products showed a relatively rapid growth, and the category of trucks fell significantly under the influence of the national macro-control policies.

The self-owned brand market hit a freezing point, and the Japanese share rebounded in July. The number of self-owned brand cars sold totaled 178,800 units, a decrease of 21.03% month-on-month, and an increase of 3.20% year-on-year, accounting for 24.59% of the total sales of cars. The occupancy rate was 3.59% lower than the previous month. The year-on-year decline was 1.74 percentage points. The market share of self-owned brand cars is the lowest in recent years. The Japanese car began to recover in June and further picked up in July. Compared with the previous month, Japanese passenger vehicles continued to show rapid growth, and the market share increased by 4.47 percentage points. The performance was more prominent, and the market share of self-owned branded passenger cars was the lowest in recent years.

Automobile exports fell month-on-month, and overall performance was good. According to the statistics of China Automobile Industry Automobile Export Corporation, according to the statistics of China Automobile Industry Association, in July, auto manufacturers exported 73,300 vehicles, a decrease of 12.73% from the previous month, a year-on-year growth rate of 57.70%, and the export volume was in June. After reaching a new high, although it has fallen, it still surpassed 70,000 and performed well. From January to July, 454,400 vehicles were exported, an increase of 57.30% over the same period of the previous year.

From January to July, the top five export vehicle manufacturers were Chery, Chang'an, Jianghuai, Great Wall and Dongfeng. The export volume was 88,800, 54,600, 46,500, 39,400 and 35,900 vehicles respectively. Compared with the same period of the previous year, it increased by 89.25%, 51.68%, 2.81 times, 20.11%, and 39.22% respectively, and the proportion of the top five exports to total exports was 58.37%. According to the customs import and export data collated by China Automobile Association, in June, the import and export of auto products showed a steady development trend.

Large-scale automobile enterprises accounted for 70% of sales, and economic growth continued to decline from January to July. The top five sales groups were SAIC, Dongfeng, FAW, Chang'an and BAIC. The sales concentration was 71.42%, which was 0.93 more than the same period of last year. In terms of percentage points, the sales concentration of the top three sales groups was 51.12%, which was an increase of 2.46 percentage points from the same period of last year. The large enterprise group’s market competitiveness has improved and the degree of concentration has increased.

According to 17 statistics from key enterprises, from January to June, the accumulated value of industrial added value was 220.204 billion yuan, an increase of 4.09% over the same period of last year. The increase rate was 0.84 percentage points higher than that in the first five months, which was lower than the industrial added value of industrial enterprises above designated size in China. Level (14.30%) 10.21 percentage points. Among the 7 key enterprises, 8 companies have negative profit growth.