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The sales volume in March, it can be said that the joint venture brand is a failure, which is really unexpected!
In the blink of an eye, the time has entered April, and with the sales of major manufacturers in March, it is time to release the report card.
Recently, the Association released the March manufacturer sales ranking list, due to the impact of the epidemic in some parts of the country, the production of passenger cars and passenger cars in March this year was 1.823 million units, down 0.3% year-on-year; the wholesale sales of manufacturers reached 1.814 million units, down 1.6% year-on-year; the market retail sales reached 1.579 million units, down 10.5% year-on-year, looking at these data is not a good state.
From the specific data, the ranking of car companies in March is still quite large, and 6 of the top ten car companies in the list have fallen by more than double digits, which is really surprising. In addition, there are only three car companies that sold more than 100,000 vehicles in March, namely FAW-Volkswagen, Changan Automobile and BYD. Among them, FAW-Volkswagen, as the perennial "king of the list", ranked first this time without suspense, and its sales reached 126131 vehicles, but the embarrassing thing is that it fell as much as 40.2% year-on-year, which shows that the impact of the epidemic on it is indeed very large.
In fact, this March, the traditional "three brothers in the joint venture" are not happy. As we all know, the recent epidemic in Jilin and Shanghai is particularly serious, and the headquarters of FAW-Volkswagen, SAIC Volkswagen and SAIC-GM are in the most serious areas of the epidemic, so the sharp decline in sales is also reasonable, SAIC Volkswagen fell 34.6% year-on-year to 78018 vehicles, and the most "miserable" is SAIC-GM, down 40.5% year-on-year to 70021 vehicles, becoming the largest decline in the list of car companies, I believe that sales should pick up after the epidemic eases!
In addition to the above three joint venture car companies, Dongfeng Nissan's performance is also not good, its retail sales in March was only 67,159 units, down 33.5% year-on-year, only ranked tenth in the list, Nissan China attributed the sharp decline in sales to "the new crown epidemic, cross-industry raw material shortages and other external factors serious impact", which is obviously a bit of a evasion. Xuanyi is still the pillar of Dongfeng Nissan's sales, and the sales of 30240 vehicles occupy half of Nissan's country, which is beyond reproach; as for the new Qijun equipped with a three-cylinder engine, it continues to stagnate, which directly leads to the "loss of momentum" of Dongfeng Nissan, isn't it?
In contrast, the most surprising is GAC Toyota, which ranked fifth with 88048 vehicles, a year-on-year increase of 26.9%, in the context of the car market stock competition, lack of core production, Guangfeng's performance is still very strong, and it is also the only joint venture car company in the list to achieve positive growth, but also the highest sales growth of joint venture car companies, of which Sai Na March sales of 6444 vehicles, and Buick GL8 sales gap is gradually narrowing; Camry March sales also exceeded 20,000 vehicles, The year-on-year increase was 72.8%.
After talking about the joint venture car companies, let's take a look at the performance of independent brands, they are another scene of high progress, Changan, BYD, Geely three traditional independent brand pacesetters ranked second, third and fourth in the list, without exception have achieved growth. Among them, Changan Automobile's sales in March were 120437 units, an increase of 17.2% year-on-year, and an increase of 98.4% month-on-month, winning the second place in march car sales, which is already the second runner-up of Changan Automobile in 2022, and the future can be expected!
Similarly, BYD's performance is also very impressive, its sales increased by 161.4% year-on-year to 103229 units, which is the highest increase in the list. It is also worth mentioning that this is also the first time that BYD has achieved a single monthly sales of more than 100,000 vehicles. In fact, BYD has stopped production of fuel vehicles in March, so by-one's subsequent sales are basically new energy vehicles. According to the data, in March, BYD Song increased by 143.8% year-on-year to 26723 units, and there are still a large number of orders that have not been delivered, and sales should rise sharply next.
As a former "independent brother", Geely's sales in March were inferior to Changan and BYD, ranking fourth with a result of 93378 vehicles, and the only thing that was gratifying was to maintain positive growth. In addition, the operation of multi-brand strategy of the Great Wall Motor also successfully entered the list, this time ranked seventh in the list, retail sales of 74071 vehicles, down 12.3% year-on-year; the same decline in SAIC-GM-Wuling, March sales of 70841 units, down 17.8% year-on-year, of which Hongguang MINI EV a model sold 41980 vehicles in March, but I don't know how long it can last?
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