Although April is not over yet, it is basically more than half past, so for each car company, it is natural to know whether they have a good time in April. I think for various reasons, most car companies did not have a very good time in April.
No, in the first two days, I saw the data of the Association of Automobile Associations showing the number of domestic automakers online as of April 17, 2022. After seeing it, it can be found that most car companies have fallen into a rout, even greener than the stock market, almost double-digit year-on-year decline. Even FAW-Volkswagen, which is often in the market as the champion in sales, also fell by 64% year-on-year, and the amount of insurance as of the 17th was only 29554.
Also, other brands aren't much better. Like GAC Toyota, in the past, it was also a fragrant feast in the market, and many of its models have achieved good results, such as Camry, Highlander, and Leiling. However, as of the 17th, there were only 21,516 vehicles, down 37% year-on-year.
Of course, other joint venture brands have not had the same life. Like SAIC Volkswagen, Guangqi Honda, Dongfeng Honda, SAIC-GM, Dongfeng Nissan and so on have declined to varying degrees. In addition, the independent brand is not in good condition. For example, Changan Automobile and Geely Automobile have also seen a decline in the number of insurances. The decrease was 55% each.
However, looking at other car companies so difficult, there is no good car company, of course, this is not the case. As a benchmark for new energy, BYD is in the limelight in the market, and in terms of the number of insurance companies as of April 17, it has steadily stood at the top of all car sales, reaching 35,743 units. The year-on-year increase reached 89%. BYD's insurance data is so good, in fact, I think it is because BYD has a complete ecological chain in the new energy market, whether it is batteries, or accessories, BYD is independently developed and can be independently supplied. At this time, there will naturally be no more difficult problems such as raw material rises, suppliers, etc.
Of course, the poor performance of major car companies in April does not actually show the true level of the car market, and it is only an accidental phenomenon affected by various factors. For example, in many places, the epidemic situation has been repeated, and it has to stop production, and the rise of raw materials limits production capacity. We believe that the car market will get better and better in the future. In particular, the performance of independent brands will be even better. What do you think?