Text\Blue Cham
From the perspective of the overall retail sales in March, the retail sales of the passenger car market in March reached 1.579 million units, down 10.5% year-on-year. In terms of models, sales in the sedan and SUV segments increased slightly year-on-year, while the MPV segment saw a sharp decline. At the same time, the sales of new energy models increased significantly, and the retail sales of new energy passenger cars reached 445,000 units in March, an increase of 137.6% year-on-year, and its substitution effect on fuel vehicles was further highlighted.
Below, we take the narrow passenger car retail sales of the Association as an example to briefly comment on the top car companies.
NO.1 FAW-Volkswagen
FAW-Volkswagen is still the existence of the first sales, sales in March was more than 126,000 vehicles, down 40.2% year-on-year, FAW-Volkswagen's sales decline and the epidemic obviously have a certain relationship, in addition to the overall chip restrictions, the special situation of its base camp Jilin has also had a negative impact, as the epidemic eases, I believe its sales will pick up.
NO.2 Changan Automobile
Changan Automobile performed very well in March this year, with monthly sales of 121,000 units, an increase of 15.9% year-on-year, not only surpassing SAIC Volkswagen and BYD, but also directly surpassing BYD to be the first in its own right. At present, Changan Auchan and Changan brands under Changan Automobile have their own good market performance, and sales are not surprising.
NO.3 BYD car
BYD's sales in March also performed very well, with monthly sales reaching 103,000 units, up 161.4% year-on-year, a huge increase. BYD's sales are mainly related to the rapid increase in the penetration rate of new energy vehicles, and BYD is now ushering in its best era.
NO.4 Geely Automobile
Geely Automobile sold 93,000 units in March, an increase of 3.8% year-on-year, ranking fourth, Geely Automobile as one of the leaders of its own brands, its sales performance is also very good, in addition to Lynk & Co dragged its legs, other sub-brands have achieved good results, ranking fourth can also be congratulated.
NO.5 SAIC-GM-Wuling
SAIC-GM-Wuling's sales in March were 90,000 vehicles, down 22.4% year-on-year, and Wuling's sales were actually relatively fragmented, mainly due to the continuous decline in sales of New Baojun, while the performance of Silver Label Wuling was acceptable, resulting in its overall poor sales. In addition, the colder MPV market is also an important reason for the cooling of Wuling's sales.
NO.6 GAC Toyota
GAC Toyota's sales in March reached 88,000 units, a year-on-year increase of 26.9%, in the context of the competition in the stock of the automobile market, lack of core production, Guangfeng's performance is still very strong, can have such a performance also shows that it has dug an increase in the stock.
NO.7 SAIC Volkswagen
After the continuous decline in sales in 2021, SAIC Volkswagen is still further bottoming down. According to March sales, SAIC Volkswagen sold only 78,000 vehicles, falling from the previous top three car sales to the seventh place, down 34.6% year-on-year.
NO.8 Great Wall Motors
Great Wall Motor's sales performance in March was relatively average, with monthly sales of 74,000 units, down 12.3% year-on-year, but still in the top ten sales.
NO.9 SAIC-GM
More "miserable" than SAIC Volkswagen should be SAIC-GM, also affected by the epidemic and lack of core, March sales fell by 40.5% year-on-year only 70,000 retail sales, the decline is so large that people are strangled, GM's elite soldiers are numerous, and now it is still a bit puzzling to fall into this step.
NO.10 Dongfeng Nissan
Dongfeng Nissan sold more than 67,000 vehicles in March, a year-on-year decline of 33.5%, for the decline in Sales of Dongfeng Nissan before we also introduced, is also affected by the lack of core and the impact of the epidemic, in addition to the lack of strength of the new Qijun is also an important reason.
Write at the end:
Overall, the sales performance of major manufacturers in March also revealed some signals, the impact of the epidemic is serious, the rise of new energy vehicle companies is absolute, independent brands Changan, BYD, Geely have a good performance, the era of independent brands is also accelerating.
(This article is originally produced by the editorial department of [Auto Industry] New Media, the author of this article is Lan Zhan, and the source should be indicated when reprinting)