On August 9th, the China Association of Automobile Manufacturers released the latest production and sales status of the auto market. In July, the production and sales volume of autos were 1,437,100 and 1,373,400, respectively, down by 6.15% and 12.56% year-on-year, respectively, and up by 10.03% and 8.16% year-on-year respectively. Maintain steady growth. From January to July, the production and sales of automobiles were 10,987,700 and 10,979,400 respectively, which represented a year-on-year growth of 4.84% and 3.56% respectively, which increased in different degrees from the previous June.
Car production and sales exceeded 10 million as of July, this year, car sales have exceeded 10 million mark. Dong Yang, vice president and secretary-general of the China Association of Automobile Manufacturers, said that he is cautiously optimistic about the auto market this year and hopes that the year-on-year increase in automobile production and sales will reach 5% to 8% this year.
Among them, the production and sales volume ratio of passenger cars in July was 1.184 million units and 1.12 million units, a decrease of 5.88% and 12.77% year-on-year, 12.79% year-on-year and 10.71% commercial vehicle production and sales were 252,300 units and 252,200 units respectively. Decreased by 7.40% and 11.65% from the previous quarter, 1.32%, and 1.63% year-on-year
Accumulated data show that from January to July, China's automobile production and sales volume was 10,987,700 units and 10,979,400 units respectively, an increase of 4.84% and 3.56% year-on-year respectively. Sales and sales of passenger cars were 8,785,600 units and 8,735,100 units, an increase of 8.52% over the same period of last year. 7.53% of commercial vehicle production and sales were 2,183,100 and 2,224,300, respectively, down 7.76% and 9.43% respectively year-on-year.
In terms of passenger vehicles, in July, the production and sales volume of four categories of passenger cars, SUVMPV, and crossover passenger cars all declined in different degrees compared with June. Among them, the decline of cross-type passenger cars was even more pronounced, and the production and sales volume decreased respectively. 28.44% and 23.42% compared with the same period of last year, MPV sales volume decreased by 0.86% year-on-year. Sales of other varieties showed steady growth. SUV sales increased 29.62% year-on-year.
In terms of commercial vehicles, in July, compared with the previous month, passenger car production increased slightly, and the production and sales of incomplete vehicles for trucks, semi-trailer tractors and passenger cars showed a definite decline. Compared with the same period of last year, the production and sales of passenger cars maintained steady growth. The output of complete vehicles slightly increased, sales volume declined slightly, and the sales of other varieties decreased in different ways, among which the drop in tractor-trailers was even more pronounced.
For August, the CLUCC expects that the sales of passenger vehicles will be positive year-on-year. This is because the pre-school car boom and the early warm-up of the 11-day holiday market are unique to the August passenger car market. Moreover, the national economy will recover slightly in the third quarter. It is expected that the gradual adoption of the energy-saving car catalog model in August and the regional terminal will be completed. Gradually in place, there will be a small upsurge in the purchase of the market.
For the local purchase restriction policy, the CLUCC believes that in early August, Xi'an limited licensing solicitation comments and the introduction of restricted licenses in second-tier cities, but panic buying in second-tier cities has little negative impact on the overall market. Dong Yang said that if several additional cities are added, the growth rate of automobile production and sales will be greatly affected. For other cities that may introduce restrictions on purchase policies, Dong Yang believes that “in the context of the relatively fragile macroeconomic environment, all localities must not be confusedâ€.
High stocks of dealers At present, the sales growth of the automotive market slows down. In order to achieve the sales target, the automakers have increased the pressure on the dealers, which directly leads to high stocks of distributors.
Dong Yang said that it is normal for dealers to have one-and-a-half months of inventory. It is now estimated that there are two months of inventory. However, the current inventory of imported vehicles is indeed high, which is seen from the sales growth of the imported luxury car market this year of less than 30% and the growth rate of imports reaching 40%. It can be seen that imported vehicles are selling more seriously. According to Dong Yang, more than a month ago, when he was researching at Beijing Benz, he had learned that Beijing Benz’s own stocks were normal, but the imported Mercedes-Benz’s price cuts due to an inventory backlog, and the market price of Beijing Benz was also burdened.â€
The National Association of Passenger Vehicle Market Information Association believes that high inventory causes the highest number of production companies that have this month’s exposure to high temperatures, which may ease the dealer’s high inventory situation.
From the perspective of the sales volume of key car enterprises, in July, the top ten passenger car sales companies were: FAW-Volkswagen, Shanghai GM, Shanghai Volkswagen, SAIC-GM-Wuling, Dongfeng Nissan, Beijing Hyundai, FAW Toyota, Chery, Great Wall and Geely. , Ten companies sold a total of 693,700 vehicles, accounting for 62.25% of the total sales of passenger cars. China Automobile Association analysis, compared with the previous month, Beijing Hyundai growth rate, Great Wall, FAW Toyota and Chery growth slightly lower, and other The decline in business volume was mixed, with Dongfeng Nissan and Geely falling more noticeably.
The top ten companies in the sales category of commercial vehicles are: Beiqi Futian, Dongfeng, JAC, Jinbei, Jiangling, FAW, Great Wall, Chongqing Chang'an, SAIC-GM-Wuling, and Nanjing Auto. China Automobile Association said that compared with the previous month, sales of Chongqing Chang'an grew fastest, Jiangling and SAIC-GM-Wuling slightly increased, and other companies declined to varying degrees.
Car production and sales exceeded 10 million as of July, this year, car sales have exceeded 10 million mark. Dong Yang, vice president and secretary-general of the China Association of Automobile Manufacturers, said that he is cautiously optimistic about the auto market this year and hopes that the year-on-year increase in automobile production and sales will reach 5% to 8% this year.
Among them, the production and sales volume ratio of passenger cars in July was 1.184 million units and 1.12 million units, a decrease of 5.88% and 12.77% year-on-year, 12.79% year-on-year and 10.71% commercial vehicle production and sales were 252,300 units and 252,200 units respectively. Decreased by 7.40% and 11.65% from the previous quarter, 1.32%, and 1.63% year-on-year
Accumulated data show that from January to July, China's automobile production and sales volume was 10,987,700 units and 10,979,400 units respectively, an increase of 4.84% and 3.56% year-on-year respectively. Sales and sales of passenger cars were 8,785,600 units and 8,735,100 units, an increase of 8.52% over the same period of last year. 7.53% of commercial vehicle production and sales were 2,183,100 and 2,224,300, respectively, down 7.76% and 9.43% respectively year-on-year.
In terms of passenger vehicles, in July, the production and sales volume of four categories of passenger cars, SUVMPV, and crossover passenger cars all declined in different degrees compared with June. Among them, the decline of cross-type passenger cars was even more pronounced, and the production and sales volume decreased respectively. 28.44% and 23.42% compared with the same period of last year, MPV sales volume decreased by 0.86% year-on-year. Sales of other varieties showed steady growth. SUV sales increased 29.62% year-on-year.
In terms of commercial vehicles, in July, compared with the previous month, passenger car production increased slightly, and the production and sales of incomplete vehicles for trucks, semi-trailer tractors and passenger cars showed a definite decline. Compared with the same period of last year, the production and sales of passenger cars maintained steady growth. The output of complete vehicles slightly increased, sales volume declined slightly, and the sales of other varieties decreased in different ways, among which the drop in tractor-trailers was even more pronounced.
For August, the CLUCC expects that the sales of passenger vehicles will be positive year-on-year. This is because the pre-school car boom and the early warm-up of the 11-day holiday market are unique to the August passenger car market. Moreover, the national economy will recover slightly in the third quarter. It is expected that the gradual adoption of the energy-saving car catalog model in August and the regional terminal will be completed. Gradually in place, there will be a small upsurge in the purchase of the market.
For the local purchase restriction policy, the CLUCC believes that in early August, Xi'an limited licensing solicitation comments and the introduction of restricted licenses in second-tier cities, but panic buying in second-tier cities has little negative impact on the overall market. Dong Yang said that if several additional cities are added, the growth rate of automobile production and sales will be greatly affected. For other cities that may introduce restrictions on purchase policies, Dong Yang believes that “in the context of the relatively fragile macroeconomic environment, all localities must not be confusedâ€.
High stocks of dealers At present, the sales growth of the automotive market slows down. In order to achieve the sales target, the automakers have increased the pressure on the dealers, which directly leads to high stocks of distributors.
Dong Yang said that it is normal for dealers to have one-and-a-half months of inventory. It is now estimated that there are two months of inventory. However, the current inventory of imported vehicles is indeed high, which is seen from the sales growth of the imported luxury car market this year of less than 30% and the growth rate of imports reaching 40%. It can be seen that imported vehicles are selling more seriously. According to Dong Yang, more than a month ago, when he was researching at Beijing Benz, he had learned that Beijing Benz’s own stocks were normal, but the imported Mercedes-Benz’s price cuts due to an inventory backlog, and the market price of Beijing Benz was also burdened.â€
The National Association of Passenger Vehicle Market Information Association believes that high inventory causes the highest number of production companies that have this month’s exposure to high temperatures, which may ease the dealer’s high inventory situation.
From the perspective of the sales volume of key car enterprises, in July, the top ten passenger car sales companies were: FAW-Volkswagen, Shanghai GM, Shanghai Volkswagen, SAIC-GM-Wuling, Dongfeng Nissan, Beijing Hyundai, FAW Toyota, Chery, Great Wall and Geely. , Ten companies sold a total of 693,700 vehicles, accounting for 62.25% of the total sales of passenger cars. China Automobile Association analysis, compared with the previous month, Beijing Hyundai growth rate, Great Wall, FAW Toyota and Chery growth slightly lower, and other The decline in business volume was mixed, with Dongfeng Nissan and Geely falling more noticeably.
The top ten companies in the sales category of commercial vehicles are: Beiqi Futian, Dongfeng, JAC, Jinbei, Jiangling, FAW, Great Wall, Chongqing Chang'an, SAIC-GM-Wuling, and Nanjing Auto. China Automobile Association said that compared with the previous month, sales of Chongqing Chang'an grew fastest, Jiangling and SAIC-GM-Wuling slightly increased, and other companies declined to varying degrees.
Gear Clock Series, fully designed and developed by Mid-Clock R&D team, CE and RoHS Marking approved.
Gear Clock is the combination of Mechanism and Art. Gears are always moving as the time goes. Every single gear is linked and driven precisely. The unified operation of all the gears shows the beauty of Mechanism.
From the time Gear Clock was develop, it has been the best-selling product line till today. And we have extended the series like Classic Desk Gear, Classic Wall Gear, Huge Wall Gear, Building Gear, Funny Stuff, Wooden Gear.
We can provide customized service with ordering a MOQ at 300PCS, like printing the LOGO. You can also develop your idea in Gear Clock Series.
Gear Clock Factory in China, China Gear Clock Factory, Clock with Gears, Gear Clock, Fashionable Gear Clock, Classical Gear Clock
Guangzhou Huan Yu Clocking Technologies Co., Ltd. , https://www.mk-times.com