In the past two years, the development of the automobile industry has attracted much attention, which is in view of the impact of the new energy industry on traditional fuel vehicle companies, and the pattern of the automobile industry will definitely change greatly in the future.
Just recently, the well-known German car company Volkswagen Group also announced its revenue data for 2023, with annual revenue of up to $350 billion.
It can be found that even under the impact of the new energy industry, the traditional German car company Volkswagen Group still maintains a strong development strength.
So compared with Germany's Volkswagen, what about the mainland's automobile companies? In the competition between Chinese and German auto giants, how much revenue did the mainland's SAIC Group achieve last year?
1. Volkswagen Group's annual revenue is 350 billion
As one of the birthplaces of Hyundai Motor, Germany has a very mature level of related industrial technology, and there are many automobile manufacturers with extremely strong development strength in Germany.
Among these companies, the most famous may be the Volkswagen Group, and when it comes to the Volkswagen Group, I believe everyone is very familiar with it.
This is a traditional German car manufacturer, which was established as early as the 30s of the last century.
Over the past few decades, the Volkswagen Group's industrial effect and brand influence have gradually increased.
Their related products have not only gained consumer recognition in Germany, but also exported overseas, and have established their own markets and industrial lines in many countries.
In the past few years, the Volkswagen Group has also aimed at the diversity of products and the improvement of technology, and has derived a number of car brands, including Volkswagen Commercial Vehicle, Volkswagen, Skoda, etc.
As it stands, Volkswagen already has a global production network with markets in more than 150 countries and regions around the world.
The number of their factories is also as high as more than 120, which is enough to show how powerful this enterprise is.
As for the layout of the Volkswagen Group in the mainland market, it starts from 1984.
At that time, the Volkswagen Group reached a corresponding cooperation agreement with SAIC Motor Group, which opened a new era for foreign car companies to enter the Chinese market.
At present, Volkswagen has 13 companies in China, including the supply of parts for car production and customer service.
Their products are very popular among Chinese consumers, and their sales in the Chinese market are extremely large.
As for the international aspect, Volkswagen's development capacity is also extremely strong.
In the past two years, although the new energy industry market is constantly expanding, it has had a great impact on traditional car companies.
However, Volkswagen is one of the world's four largest car manufacturers, and its car sales business is still able to maintain strong growth.
As far as the domestic market is concerned, the rise of domestic cars and the rapid development of the new energy industry have caused Volkswagen's product sales to decrease to a certain extent.
However, Volkswagen can still rely on the strategy of price reduction to increase the sales of car products and maintain the market position of the brand.
Under the premise of flexibly changing the marketing strategy, Volkswagen also achieved a very high revenue scale in the development of last year.
In terms of relevant data, the Volkswagen Group's annual car sales data in 2023 will be as high as 9.24 million units, and its revenue will exceed 350 billion US dollars, which is still in the top position.
Second, how much SAIC
As the leading car company in the German market, Volkswagen Group's performance last year was still very strong, so what about our country's auto giants?
If the Volkswagen Group is the leading traditional car company in the German market, then the head car company in the mainland is undoubtedly SAIC.
SAIC Motor was founded in 1984.
In terms of the time of establishment, although SAIC is more than 50 years later than the German Volkswagen Group, the related automobile production business is not inferior to Volkswagen.
At the beginning of its establishment, SAIC's main business was only the R&D, production and sales of complete vehicles and related parts.
However, in the development of recent years, SAIC has also begun to deepen diversified industrial channels.
In order to cater to the relevant trends in the mainland market, SAIC Motor has also begun to launch automotive e-commerce, mobility services and mobility services.
As for the fields of finance, insurance and investment, SAIC is also slightly involved.
Under the deployment of diversified industrial channels, SAIC has also achieved extremely rapid development.
As far as the current situation is concerned, SAIC Motor already has four vehicle production plants and two powertrain plants, and the scale of production capacity is also very amazing.
As for its car brands, there are also quite a lot of them, and at present, SAIC Group owns well-known brands such as SAIC Volkswagen, SAIC-GM-Wuling, SAIC MG, etc.
A full range of products covering almost all levels of consumption, which can meet the relevant needs of all consumers.
The most important thing is that although SAIC Motor Group is a traditional fuel car company, it has also begun to expand its new energy business in the past two years.
At present, the company has realized the mass production and marketing of new energy vehicles, and their new energy vehicle products are also widely recognized by consumers.
According to the data of 2023, SAIC Group's annual car sales are as high as 5.02 million units, and new energy vehicles account for 1/5 of them, with sales of about 1.12 million units.
As for the relevant revenue data, although there is still a big gap compared with the Volkswagen Group, it is already a leader in the domestic auto market.
In 2023, SAIC Motor Group achieved a total revenue of 103 billion US dollars.
3. The competition between China and Germany in the automobile industry
If we compare in terms of revenue scale, there is a clear gap between SAIC and Volkswagen Group.
Of course, this is also a normal phenomenon, after all, Germany's traditional automobile industry was developed earlier, as early as the end of the 19th century, the corresponding market layout and industrial system have been realized.
China's traditional automobile industry did not begin to deploy until the mid-to-late 20th century.
Therefore, it is normal for the gap between the scale and technical level of the relevant industry, and this is fully reflected in the revenue scale of traditional Chinese car companies and German traditional car companies.
However, from the perspective of development, although China's automobile industry lags behind those developed countries in the West in the production process of traditional fuel vehicles, it has grasped the opportunity in the field of new energy industry.
Take SAIC and Volkswagen Group as an example, SAIC has carried out relevant industrial deployment in the domestic new energy vehicle market.
Its product performance is extremely excellent, and the technical level has even surpassed some automobile companies in developed countries, but it needs to be improved on the layout of globalization.
As for the German Volkswagen Group, although it has a certain accumulation of electric vehicle technology, due to the huge deployment of the industrial line of traditional automobiles, it may take a lot of time to achieve a comprehensive transformation.
This is not a good sign for the Volkswagen Group.
Of course, judging from the current situation, it is not realistic for new energy power vehicles to achieve a comprehensive replacement for traditional fuel vehicles.
After all, compared with traditional fuel vehicles, new energy vehicles still have a lot of problems in terms of battery life and applicable scenarios.
The endurance of traditional fuel vehicles is obviously more powerful than that of new energy vehicles, and the applicable scenarios will be more extensive.
If you only drive in urban areas to meet the relevant commuting and travel needs, SAIC, a new energy vehicle, can also do it.
But if you want to go on the high speed and run long distances, the endurance of new energy vehicles may not be satisfied, which is also because of the limitations of battery technology.
In addition, the current new energy infrastructure of countries around the world is not yet complete.
At present, there are not many charging piles for new energy vehicles in urban areas in many countries, and it may take some time to realize the comprehensive replacement of traditional fuel vehicles by new energy vehicles.
In this time, Volkswagen will also rely on its technical strength and global related industrial layout to increase the sales scale of the automobile business and increase the company's revenue and profit.
In this way, we will maintain our leading position in the automotive market and achieve a more comprehensive transformation.
As for SAIC Motor Group, it is also necessary to continue to conduct research and development in technology to create more excellent new energy power vehicle products.
In this way, we can achieve a competitive advantage in the global market, achieve a higher market share, and meet the changing market environment.
The competition between the two major automobile companies has also become a microcosm of the development of the automobile industry in China and Germany.
Although China lags behind those developed countries in the West in the production process of traditional fuel vehicles, it has overtaken those developed countries in the field of new energy.
It's just that in terms of industrial scale and global layout, it is slightly inferior to those car companies in developed countries.
As for those developed countries in the West, there may be more problems at the technical level of new energy, and it is very difficult to achieve a comprehensive transformation.
For mainland car companies, the electrification and intelligent transformation of the automotive industry is indeed a challenge, but it is also an opportunity to surpass Western developed countries in all aspects.
brief summary
The Volkswagen Group achieved high market revenue in the development of last year, while SAIC Motor Group has an extremely strong development momentum, but there is still a big gap compared with the Volkswagen Group.
This does illustrate the current differences in automotive technology between China and other developed countries.
Compared with those developed countries, China's traditional fuel vehicle production technology is relatively backward, but the new energy industry technology is already ahead.
This is also an opportunity for the mainland auto industry to surpass those developed countries in the West, Europe and the United States.
In the future development, Chinese enterprises should focus on relevant technological breakthroughs, and also attach importance to international cooperation to promote the faster development of the domestic automotive industry.
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