In the blink of an eye, the first half of this year has passed, and the current situation of domestic car companies and joint venture car companies in the domestic auto market can be said to be two days of ice and fire.
Whether it is traditional car brands such as BYD, Chery and Geely, or new car companies such as Ideal, Wenjie and Future, the sales volume in the first half of the year increased significantly year-on-year.
Among them, the cumulative sales of the Chery brand in the first half of the year were close to 155,000 units, a year-on-year increase of 248.8%. The cumulative sales of the Geely brand in the first half of the year exceeded 320,000 units, a year-on-year increase of 102.8%.
Among the new car-making forces, the year-on-year growth rate of Wenjie is the highest. In the first half of the year, sales exceeded 180,000 units, a year-on-year increase of 537%. New power brands such as NIO, Leap and Ideal also increased by more than 30% year-on-year.
From the above data, it can be clearly felt that the mainstream domestic auto brands are taking advantage of the east wind of the new energy vehicle market, and their sales have soared all the way.
Next, let's take a look at the performance of mainstream joint venture car brands in the first half of the year, and compare them with mainstream domestic car brands.
What you may not expect is that the joint venture car company with the highest year-on-year increase will actually be Yueda Kia. In the first half of the year, the year-on-year growth rate reached 73.1%, leading other joint venture car companies with a cliff-like advantage.
However, in terms of sales, Yueda Kia may be at the bottom, with sales of 109,600 units in the first half of the year. Like Chery Automobile, the reason why Yueda Kia increased significantly year-on-year in the first half of the year is because the performance of overseas markets is eye-catching.
In second place is Changan Ford, the cumulative sales in the first half of the year are actually not much, only 111,600 units, a year-on-year increase of 13.36%, second only to Yueda Kia. It is worth mentioning that the above two joint venture car companies are the car companies with a year-on-year increase of more than double digits among all joint venture car companies in the first half of this year.
The third is Dongfeng Honda, with sales increasing by 4.79% year-on-year, and 237,900 vehicles sold in the first half of the year. It was followed by SAIC Volkswagen, with sales of 512,100 units in the first half of the year, a year-on-year increase of 1.75%.
In the first half of this year, among the domestic joint venture car companies, there were only four car companies with year-on-year sales growth.
It is not difficult to see that Yueda Kia and Changan Ford, which have the highest year-on-year sales growth among joint venture car companies, are mainly because the sales volume in the same period last year is indeed too low, and the overall sales data is not eye-catching. Only Dongfeng Honda and SAIC Volkswagen are relatively speaking, and the overall sales volume is reasonable under the condition that they can ensure year-on-year growth.
As for FAW-Volkswagen, FAW Toyota, GAC Toyota, GAC Honda, Dongfeng Nissan, SAIC-GM and Beijing Hyundai, their sales are all declining year-on-year. The worst was SAIC-GM, with sales of only 225,600 units in the first half of the year, a year-on-year decrease of 49.98%.
Among the three major brands under SAIC-GM, it is really hard to say how long Cadillac and Chevrolet can last in China.
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