Do you think it's cold, it's actually alive, will these 11 car brands survive 2024?

When the time comes to 2024, do you feel that many car brands have disappeared?

This is actually a normal phenomenon, the further the industry develops, the higher the concentration, and a large number of small and medium-sized manufacturers are bound to be difficult to maintain.

But China is the world's largest car market, and even a small market segment can potentially feed a group of car companies, which is very tempting, so many brands are still "reluctant". In 2024, Skyworth, Zotye, Haima and other car companies that you think are already "cool" are actually still alive.

1. Are these brands still alive and famous?

In the Chinese market, there are too many brands that disappear as you walk. But there are also some brands, due to various reasons, have been "reluctant" until now, and some brands are even quite large.

The most famous here is Hengchi Automobile, where does its fame come from, I don't say, everyone who understands it, although it has sold a total of about 1,000 cars since its establishment, and all kinds of troubles, but it is Evergrande after all, so until now, it is still surviving, and it has not come to the final end.

The second is Zotye, the "Baoshitai" you are familiar with, has not disappeared, its control is still changing, and it even resumed work and production in October 2022.

On the official website of Zotye Auto, you can even see news about the rapid development of its export business. Objectively speaking, it is unlikely that it will turn over in China, but the overseas market may really be a road.

You must know that brands that are not good in China may not be able to work overseas, especially new energy vehicles. Brands that have been killed from China should have two brushes.

Haima, the former domestic mainstream manufacturer, is also still alive, and there are only 3 models left on sale, with sales of about 2,000 units in December 2023.

In the circle of joint ventures or foreign brands, there are also a few brands that you rarely see, but it is really not "cool".

The most famous is Infiniti, which has been rumored to withdraw from the Chinese market several times, but in fact it has not, with 3 old cars, Infiniti's sales in 2023 will reach about 5,000 units.

There is also DS, which is an authentic luxury brand from France, which has been in China for more than ten years, and you may have rarely heard of it, but it is still pushing new cars until October 2023, and its DS9 and DS7 can still be bought.

There is also a joint venture brand that is not small: Guangqi Honda Concept, there is only one VE-1 left on sale, and the last update was in September 2022, there is no sound, but it is really not "cool".

2. The new forces are sweeping the sands, but they are still persistent?

How competitive is China's new energy market?

In 2018, there were more than 300 new EV manufacturers, and only a few dozen are still active.

We are now familiar with only five companies: Ideal, Weilai, Xiaopeng, Nezha, and Leap, with sales of more than 100,000 units in 2023.

And then there are those who, although marginalized, are really alive.

Skyworth Automobile,It belongs to the same company as Skyworth that sells TVs,2010Entered the new energy vehicle industry,During the period, it was once called Tianmei Automobile,2021Officially called"Skyworth Automobile",At present, there are two models of SkyworthEV6 and SkyworthHT-iOn sale,The cumulative annual sales are less than 20,000 units。

Punk Motors, derived from China's old-age scooter giant Yujie Automobile, is still operating normally, creating two mini cars, Punk Duoduo and Punk Meimei, with miserable sales, and it will stop updating after March 2022, but it has not officially announced its withdrawal.

Tianji Automobile, which was first born in LeTV, sold 5,321 units in 2022, the last update was in September 2022, and the last time it was "on the news" was in early January 2024, and part of the equity was frozen.

Xiaohu Automobile, a relatively well-established new car-making force, shareholders include Dongfeng Motor, Zhengzhou Nissan and Beijing Hongrui, since its establishment, it has only launched the Xiaohu EV, a mini-car, and it will stop updating after March 2022, it is not cool, but basically there is no sound.

Yundu Automobile, whose background is also more complicated, is jointly initiated by Fuqi Group, Putian State-owned Assets Supervision and Administration Commission and some private enterprises, mainly making low-end cars below 100,000 yuan, and the last time the new car was launched was in September 2023, basically no one cared.

However, until October 2023, Yundu Auto is still exporting electric vehicles to Europe, does it also want to go overseas?

3. Will it survive in 2024?

These brands that you haven't paid attention to and heard about in a long time have survived for a variety of reasons, some are still trying to be rescued, and some are just away from the final bankruptcy process.

In 2024, most of them are not expected to exist, and there is no doubt about that, because the strength of the leading players in the Chinese auto market is growing.

According to the data of the China Passenger Car Association, in 2023, the new sales of domestic passenger cars will be 2.35 million units, of which the top five car companies in terms of sales volume will contribute 229 units, accounting for 97%, and in the new energy market in December, 21 car companies with a wholesale volume of more than 10,000 vehicles will contribute 92.8% of the total new energy wholesale.

Judging from the current situation, it is not very likely that large car companies will withdraw from the market in 2024, and the large car companies that can stay are relatively solid. However, the possibility of new entrants is also very low, and the car market will enter a period of stability, which is the same as the mobile phone market back then.

And these car companies, which are still struggling to survive, may really say goodbye in 2024.

Conclusion:

In fact, China does not need so many car companies in the first place, and it is a normal phenomenon for weak car brands to be squeezed out of the market, especially in the new energy era. Guess which car brands will completely exit the market in 2024?