2021 is still the year when the global auto market has been affected by the epidemic. However, under such a general environment, China's ability to cope with the epidemic is relatively strong, the economic recovery is relatively fast, and the sales volume of China's automobile market has shown a good ability to rebound. As early as the second half of 2020, China's auto market has gradually emerged from the haze of the epidemic and shown a reversal trend. In contrast, European and American countries have been shrouded in the epidemic for a long time, resulting in a continuous downturn in their car markets, thus presenting a complex global situation in 2021.
In terms of sales, according to the data given earlier by the China Passenger Car Market Information Association (CIE), China sold a total of about 26.25 million new cars in 2021, an increase of 4.4% year-on-year. This is the first time that China's auto market sales have increased since the decline in 2018, achieving a rebound. In contrast, other countries, Japan, Germany, South Korea and other markets, have shown different degrees of decline.
From the perspective of market share, China's market share in the world automobile market in 2021 has been close to 33%, which is more than the market share of the United States, Japan, Germany, and France combined, and has won the first place for 13 consecutive years. Especially in the field of new energy, in 2021, there will be nearly 3 million new energy vehicles including electric vehicles and hybrid vehicles, and China's new energy passenger cars will account for 53% of the global market share. It can be seen that in the era of the epidemic, the Chinese market has a pivotal position in the global automotive market, and will continue to play an important role like the "engine" of the global auto market in the future. From the perspective of car companies, if you give up the Chinese auto market, it is equivalent to a "broken arm".
In terms of the world's share of each international group, the overall performance of the Asian plate is stronger than that of other regions, which is also related to the global COVID-19 situation. In terms of specific groups, Toyota Group has performed relatively strongly, with a global market share of 12.2% in 2021. On the Part of Volkswagen, there was a decline, with larger losses in the Chinese market and relatively smaller in Europe and North America. GM's share of the global market has also decreased, with a decline in Asia, North America and the Southern Hemisphere. Hyundai-Kia has grown globally, but mainly in North America and Europe, where the Chinese market has declined. Honda Group has a market share of 5.5% in 2021, but it also surpasses the Ford Group (4.9%). In terms of domestic independent brands, the highest proportion in the world in 2021 is Geely Group, followed by Changan Group.
In addition, we will find that most of the groups that have increased their market share in the Chinese market have increased in their overall global market share, which shows the importance of the Chinese market.
Write at the end
Undoubtedly, under the epidemic, the Chinese market is the fastest recovery market, and the recovery trend of Chinese car companies is the most prominent, reflected in the higher proportion of the Chinese market in the global car market. China has become an extremely important market in the global auto market. We also look forward to the next step, the proportion of domestic independent brands in the global market can be further improved.
(Text/Shen Chen; Trial/Lingyun Sentient Beings; Data from the Association of Multipliers)