Wen\Wei WuXian
A few days ago, the Association of Passenger Vehicles announced the sales of car companies in April, as expected, most of the car companies affected by the epidemic did not perform well, and the statistics of the Association showed that the cumulative retail sales of the mainland narrow passenger car market in April were only 1.042 million units, down 35.5% year-on-year, and the wholesale volume was only 946,000 units, a year-on-year decline of 43%, which shows the tragedy of the car market.
From the perspective of the top 10 car companies in terms of sales, only BYD has achieved substantial growth, including FAW-Volkswagen, SAIC Volkswagen, GAC Toyota, FAW Toyota, Dongfeng Nissan, Dongfeng Honda and even Geely, Changan, etc. Brand sales have declined, and even cut their waists.
Below we conduct a brief review analysis of the top vendors.
NO.1 BYD car
In April, BYD's sales ushered in another outbreak, although it was also affected by the epidemic, but its sales performance was still in the dust, sales in April reached 105,000 units, an increase of 138.4% year-on-year, which is mainly due to the rapid increase in the penetration rate of new energy vehicles in China, coupled with BYD's industrial chain is relatively complete, less affected by the epidemic. However, the recent fermentation of the sewage door of BYD's Changsha plant may have a certain impact on BYD's sales in May.
NO.2 FAW-Volkswagen
FAW-Volkswagen sold 81,000 vehicles in April, down 49.2% year-on-year, and the downward factors were also related to the impact of the epidemic, after all, Changchun also experienced the baptism of the epidemic in April, and its factories were even forced to stop production for a period of time, and the impact was obviously not negligible.
NO.3 GAC Toyota
The sudden black swan of the automobile market gave GAC Toyota the opportunity to create a ranking performance, and in April it achieved the third best monthly sales with retail sales of 64,000 units, although its April sales were only 64,000 units, down 7.3% year-on-year, but when opponents were slashing their waists, less decline was progress.
NO.4 Dongfeng Nissan
Dongfeng Nissan was also affected by the epidemic in April, with sales of only 58,000 vehicles in April, down 43.4% year-on-year, and the sales decline was relatively large, but compared with SAIC and Dongfeng Honda, the performance was quite good.
NO.5 Geely Automobile
At present, the Association of Automobiles has given Geely Automobile's estimated sales data for April, and the data shows that its sales in April were 54,000 units, down 41.1% year-on-year.
NO.6 Changan Automobile
Changan Automobile announced a number of new energy development plans in April, and launched a new brand Changan Deep Blue, with the power of new energy models, Changan Automobile's future sales are expected to further increase, but in terms of the current performance of fuel vehicles, Changan Automobile's performance is not very good, and sales fell by 45.3% in April.
NO.7 Dongfeng Honda
Dongfeng Honda achieved sales of 52,000 units in April, down 38.4% year-on-year, and its decline was comparable to that of the broader market, mainly affected by the impact of the epidemic, and sales such as CR-V and Civic also declined.
NO.8 SAIC Volkswagen
SAIC Volkswagen's sales of 52,000 units in April fell by 52.4% year-on-year, and the epidemic has made SAIC Volkswagen, which is already in the sales decline range, become worse, and the factory shutdown and sales are limited, making it more difficult for SAIC Volkswagen.
NO.9 SAIC-GM
SAIC-GM's sales in April were only 50,000 vehicles, down 57% year-on-year, and the main factor was also the impact of the epidemic, and several car companies in Shanghai, including SAIC Volkswagen and SAIC-GM, were too difficult.
NO.10 Guangqi Honda
Guangqi Honda sold 43,000 units in April, down 33.2% year-on-year, and the decline was also the same as the broader market.
Write at the end:
Overall, the performance of major car companies in April was lackluster, and the important reason for their sales decline was affected by the impact of the epidemic, especially the sales decline of local car companies in Shanghai, including SAIC-GM, SAIC Volkswagen and other car companies, was the most tragic. In addition, the rise of new energy vehicles has become unstoppable, and new energy vehicles will become an important weight for car companies to stand out in the future.
(This article is originally produced by the editorial department of [Auto Industry] New Media, the author of this article is Wei Wuxian, and the reprint should indicate the source)