On May 10, the China Association of Automobile Manufacturers held a statistical information conference in April in Beijing. According to the latest data released, in April 2010, automobile production and sales continued a good development trend, with 1,563,500 units and 1,55,200 units respectively, all of which were down by about 10% from the previous month, up 35% and 34% respectively year-on-year; 1 to 4 In the month, the production and sales of automobiles reached 6,106,300 and 6,165,900, an increase of 64% and 61% respectively over the same period of last year. The growth rate dropped by 13 and 11 percentage points respectively from 77% and 72% in January-March.
The decline in growth indicates that the production and sales of automobiles have returned from rapid growth to steady growth.
With regard to the overall performance of China's auto industry in April and the first four months of this year, Zhu Yiping, Assistant Secretary General of the China Automobile Industry Association, believes that the auto industry continued to maintain a good development trend in April, and the production and sales decreased compared with the previous month. With higher growth, the scale of automobile production and sales in the month is still higher than the highest month of production and sales in 2009 (the production and sales in December 2009 was 1.52 million and 1.41 million). From the comparison of the previous four months and the cumulative period of the same period, the production and sales of automobiles are gradually The high-speed has returned to steady growth. Although the year-on-year growth rate has dropped month by month, the total demand is still running at a high level.
Regarding the production and sales characteristics of specific models in April, Zhu Yiping made the following comments:
--- In April, the number of models including passenger cars and commercial vehicles decreased more than the previous year, and still showed a high growth year-on-year; while the passenger car decreased more than the previous month.
In April, the production and sales of passenger cars were 1,142,600 and 1,100,900 respectively, both of which were down 12% from the previous month, up 39% and 33% respectively. The production and sales of commercial vehicles were 420,900 and 444,300 respectively. The monthly decline was 3% and 6% respectively, up 24% and 37% respectively.
--- In April, the sales of passenger cars of 1.6 liters and below were 736,200, a decrease of 15% from the previous month and a 24% increase over the same period of the previous year. The overall performance was worse than that of other models of passenger cars; 1.6 liters and below. The proportion of passenger vehicles accounted for 67% of the total number of passenger vehicles, down two percentage points from the previous month and down 4 percentage points from the same period of the previous year. It was the second decline in March, and the impact on the overall production and sales of passenger vehicles was more obvious.
Zhu Yiping believes that passenger cars of 1.6 liters and below have continued to decline in the past two months, which has a certain relationship with the reduction of purchase tax incentives.
--- Due to the stabilization of the macro economy and the increase in passenger and cargo transportation demand, the commercial vehicle market has performed well this year. Among them, the growth rate of large passenger cars and heavy goods vehicles is the most prominent (also related to the lower base of the previous year).
From January to April, passenger cars (including non-complete vehicles) sold 135,400 units, an increase of 40% over the same period of the previous year; trucks (including non-complete vehicles and semi-trailer tractors) sold 1,395,600 units, a year-on-year increase of 53%.
———Enterprise inventory is at a reasonable level.
As of the end of April, the inventory of auto companies (excluding the inventory of retail links) was 547,500 units, an increase of 18,100 units from the end of March, down 40,000 units from the beginning of the year; passenger vehicle inventory increased, while commercial vehicles fell significantly.
As the scale of production and sales continues to expand, Zhu Yiping believes that the current inventory is at a reasonable level.
--- The market share of self-owned brand passenger vehicles has declined.
In April, the sales of self-owned brands of passenger cars totaled 503,300 units, accounting for 45% of the total sales of passenger cars, down 3 percentage points from the previous month. From January to April, the sales of self-owned brands of passenger cars totaled 2,238,100 units. 48% of the total sales of passenger cars increased by 4 percentage points from the full-year level of 2009, but decreased by 1 percentage point from January to March.
--- The car exports rebounded slightly and remained at a low level.
In April, the total number of auto manufacturers exported 39,800 units, up 1% from the previous month and 52% from the same period of the previous year. From January to April, exports were 143,800 units, up 65% from the same period of the previous year. The car manufacturing enterprises are Chery, Changan, Great Wall, Dongfeng and Beiqi. Overall, auto exports are slowly picking up, but still at a low level.
--- The economic benefits of key enterprises continued to improve.
In the first quarter of 2010, the key enterprises of the automobile industry (group) completed a total industrial output value of 466.204 billion yuan, an increase of 89%; the main business income was 503.746 billion yuan, an increase of 86%; the total realized profits and taxes totaled 82.358 billion yuan, a year-on-year increase. 1.55 times; the comprehensive index of industrial economic benefits of key enterprises (groups) of the automobile industry was 504.89, which was higher than the same period of the previous year of 199.39.
--- The fixed asset investment in the automotive industry continues to grow.
In the first quarter, the auto industry completed an investment of 58.4 billion yuan, a year-on-year increase of 32%; the fixed source of fixed assets investment was 87.7 billion yuan, an increase of 22% over the same period of the previous year.
The decline in the occupancy rate of passenger cars of 1.6L and below is concerned
At the press conference, Dong Yang, executive vice president and secretary general of the China Automobile Association, said that the overall situation of China's automobile production and sales has continued the growth momentum since last year. However, the decline in the market share of passenger cars of 1.6 liters and below this year should be worthy of attention.
Dong Yang said that according to the statistics of the China Automobile Association, in April this year, the overall performance of passenger cars of 1.6 liters and below was worse than that of other types of passenger cars, and the chain continued to decline. The impact on China's independent brands is more obvious, and the association will continue to pay attention. The next step in the production and sales of this model.
Regarding the current inventory problem, Dong Yang said that the statistics of the China Automobile Association show that from January to April, the production and sales of automobiles were completed at 6,106,300 units and 6,,600,900 units, with a difference of less than 10,000 units. Therefore, the overall production and sales are in balance and the inventory is at Within a reasonable range. Dong Yang emphasized that the statistics of the China Automobile Association is the enterprise inventory. In fact, the total inventory of the industry should include the inventory part of the enterprise during the transportation process and the terminal seller. According to estimates, the total inventory of the country should be 1.5 months of production and sales. The current total inventory of enterprises is more than 500,000, which is equivalent to less than half a month of production. Dong Yang believes that the current inventory will not cause the second half of the year. Production fluctuations.
The statistics of the China Automobile Association are the only recognized statistics of the automobile industry by the National Bureau of Statistics.
At the information conference on the same day, Dong Yang clearly pointed out that the statistics on automobile production and sales conducted by the China Automobile Association were based on the "Statistics Law" promulgated by the state and obtained The data approved by the National Bureau of Statistics is the only data recognized by the state that is valid for automobile production and sales.
He said that automobile statistics is part of the national economic statistics system, and the statistics of the China Automobile Association are authoritative.
The decline in growth indicates that the production and sales of automobiles have returned from rapid growth to steady growth.
With regard to the overall performance of China's auto industry in April and the first four months of this year, Zhu Yiping, Assistant Secretary General of the China Automobile Industry Association, believes that the auto industry continued to maintain a good development trend in April, and the production and sales decreased compared with the previous month. With higher growth, the scale of automobile production and sales in the month is still higher than the highest month of production and sales in 2009 (the production and sales in December 2009 was 1.52 million and 1.41 million). From the comparison of the previous four months and the cumulative period of the same period, the production and sales of automobiles are gradually The high-speed has returned to steady growth. Although the year-on-year growth rate has dropped month by month, the total demand is still running at a high level.
Regarding the production and sales characteristics of specific models in April, Zhu Yiping made the following comments:
--- In April, the number of models including passenger cars and commercial vehicles decreased more than the previous year, and still showed a high growth year-on-year; while the passenger car decreased more than the previous month.
In April, the production and sales of passenger cars were 1,142,600 and 1,100,900 respectively, both of which were down 12% from the previous month, up 39% and 33% respectively. The production and sales of commercial vehicles were 420,900 and 444,300 respectively. The monthly decline was 3% and 6% respectively, up 24% and 37% respectively.
--- In April, the sales of passenger cars of 1.6 liters and below were 736,200, a decrease of 15% from the previous month and a 24% increase over the same period of the previous year. The overall performance was worse than that of other models of passenger cars; 1.6 liters and below. The proportion of passenger vehicles accounted for 67% of the total number of passenger vehicles, down two percentage points from the previous month and down 4 percentage points from the same period of the previous year. It was the second decline in March, and the impact on the overall production and sales of passenger vehicles was more obvious.
Zhu Yiping believes that passenger cars of 1.6 liters and below have continued to decline in the past two months, which has a certain relationship with the reduction of purchase tax incentives.
--- Due to the stabilization of the macro economy and the increase in passenger and cargo transportation demand, the commercial vehicle market has performed well this year. Among them, the growth rate of large passenger cars and heavy goods vehicles is the most prominent (also related to the lower base of the previous year).
From January to April, passenger cars (including non-complete vehicles) sold 135,400 units, an increase of 40% over the same period of the previous year; trucks (including non-complete vehicles and semi-trailer tractors) sold 1,395,600 units, a year-on-year increase of 53%.
———Enterprise inventory is at a reasonable level.
As of the end of April, the inventory of auto companies (excluding the inventory of retail links) was 547,500 units, an increase of 18,100 units from the end of March, down 40,000 units from the beginning of the year; passenger vehicle inventory increased, while commercial vehicles fell significantly.
As the scale of production and sales continues to expand, Zhu Yiping believes that the current inventory is at a reasonable level.
--- The market share of self-owned brand passenger vehicles has declined.
In April, the sales of self-owned brands of passenger cars totaled 503,300 units, accounting for 45% of the total sales of passenger cars, down 3 percentage points from the previous month. From January to April, the sales of self-owned brands of passenger cars totaled 2,238,100 units. 48% of the total sales of passenger cars increased by 4 percentage points from the full-year level of 2009, but decreased by 1 percentage point from January to March.
--- The car exports rebounded slightly and remained at a low level.
In April, the total number of auto manufacturers exported 39,800 units, up 1% from the previous month and 52% from the same period of the previous year. From January to April, exports were 143,800 units, up 65% from the same period of the previous year. The car manufacturing enterprises are Chery, Changan, Great Wall, Dongfeng and Beiqi. Overall, auto exports are slowly picking up, but still at a low level.
--- The economic benefits of key enterprises continued to improve.
In the first quarter of 2010, the key enterprises of the automobile industry (group) completed a total industrial output value of 466.204 billion yuan, an increase of 89%; the main business income was 503.746 billion yuan, an increase of 86%; the total realized profits and taxes totaled 82.358 billion yuan, a year-on-year increase. 1.55 times; the comprehensive index of industrial economic benefits of key enterprises (groups) of the automobile industry was 504.89, which was higher than the same period of the previous year of 199.39.
--- The fixed asset investment in the automotive industry continues to grow.
In the first quarter, the auto industry completed an investment of 58.4 billion yuan, a year-on-year increase of 32%; the fixed source of fixed assets investment was 87.7 billion yuan, an increase of 22% over the same period of the previous year.
The decline in the occupancy rate of passenger cars of 1.6L and below is concerned
At the press conference, Dong Yang, executive vice president and secretary general of the China Automobile Association, said that the overall situation of China's automobile production and sales has continued the growth momentum since last year. However, the decline in the market share of passenger cars of 1.6 liters and below this year should be worthy of attention.
Dong Yang said that according to the statistics of the China Automobile Association, in April this year, the overall performance of passenger cars of 1.6 liters and below was worse than that of other types of passenger cars, and the chain continued to decline. The impact on China's independent brands is more obvious, and the association will continue to pay attention. The next step in the production and sales of this model.
Regarding the current inventory problem, Dong Yang said that the statistics of the China Automobile Association show that from January to April, the production and sales of automobiles were completed at 6,106,300 units and 6,,600,900 units, with a difference of less than 10,000 units. Therefore, the overall production and sales are in balance and the inventory is at Within a reasonable range. Dong Yang emphasized that the statistics of the China Automobile Association is the enterprise inventory. In fact, the total inventory of the industry should include the inventory part of the enterprise during the transportation process and the terminal seller. According to estimates, the total inventory of the country should be 1.5 months of production and sales. The current total inventory of enterprises is more than 500,000, which is equivalent to less than half a month of production. Dong Yang believes that the current inventory will not cause the second half of the year. Production fluctuations.
The statistics of the China Automobile Association are the only recognized statistics of the automobile industry by the National Bureau of Statistics.
At the information conference on the same day, Dong Yang clearly pointed out that the statistics on automobile production and sales conducted by the China Automobile Association were based on the "Statistics Law" promulgated by the state and obtained The data approved by the National Bureau of Statistics is the only data recognized by the state that is valid for automobile production and sales.
He said that automobile statistics is part of the national economic statistics system, and the statistics of the China Automobile Association are authoritative.
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