The Chinese auto market has already passed half of its 2009 journey. Whether it is for the domestic or international automotive market, it is an astounding half-year: the international market, Chrysler, General Motors have filed for bankruptcy protection, Hummer, Opel, Volvo, Saab, Mercury and other nearly 10 brands listed for sale, the international automotive market The pattern was completely subverted; the domestic market, the introduction of new industries, and monthly sales have reached new heights, surpassed the United States as the world's largest market for five consecutive months, and the center of automobile consumption has gradually shifted from the coastal cities to the second and third tier cities in the Mainland. However, the commercial vehicle market experienced a sharp decline when passenger cars became hotter. At the same time, a number of automakers also fell into the embarrassing situation of increasing sales and increasing profits.

Drive domestic demand to a strong rise in the Chinese auto market

When the global auto market is in an unprecedented crisis, the Chinese auto market has been advancing rapidly. According to the latest statistics from the China Automobile Association, the monthly sales of Chinese autos have surpassed 1 million for three consecutive months and have remained the world's best for five consecutive months. In June, the auto market is expected to achieve a better growth rate. Therefore, the production and sales of domestic autos in the first half of the year are expected to reach 6 million vehicles.

With a little analysis, it is not difficult to judge that the bull market in the first half of the year was mainly due to policy support.

The state has introduced a preferential policy for the reduction of half of the purchase tax for cars with a displacement of 1.6 liters or less. Since February, the number of cars with a displacement of 1.6 liters or less in the domestic market has been almost in full swing. The data shows that in the first four months of this year, the market share of passenger vehicles with a displacement of 1.6 liters or less has risen to 71%. The official introduction of "automobiles and motorcycles to the countryside" was officially introduced, prompting micro-customer sales to increase by 47.3% from January to May. In May, the state introduced the “renewal of old” policy for automobiles, which has largely supported the commercial vehicle market where sales have fallen sharply.

The introduction of this series of industrial revitalization policies has greatly stimulated the auto market and has played a crucial role in driving the prosperity of the Chinese automobile market.

There is still time for the city to digest orders without vehicles

Almost all manufacturers have a lack of confidence in the auto market in 2009, and the embarrassing situation of having a car-free city runs through the entire first half of the year. At present, the inventory of manufacturers and distributors is still at a low level. Many vehicles can still only be purchased in the form of orders. They cannot mention current vehicles, and dealers are also looking for ways to continue to replenish their inventory. Although manufacturers have generally accelerated production, it will take time to ease the long-overdue orders.

Uneven hot and cold commercial vehicle performance is worrying

When all passenger car companies increase their annual production and sales targets, the commercial vehicle market, which accounts for nearly 30% of the total sales in the automotive market, will grow except for the truck market that is strongly associated with investment. Worrying performance. According to statistics, from January to May, there were a total of 4.946 million automobiles sold in China, up 14% year-on-year, of which, 3.65 million were sold by passenger cars, up 21.2% year-on-year; sales of commercial vehicles were 1.296 million, down 1.56% year-on-year.

Sales climbed profit decline

In the first half of the year, most car companies had a good performance in terms of "quantity," but they did not make much money.

According to statistics, in the previous April, of the top 19 automobile companies in China, only 8 companies had operating income higher than the same period of last year, of which 2 were operating incomes; 11 were lower than the same period of last year. Of particular note is that of the 19 auto companies, only five companies achieved profit growth this year, while 14 companies had negative profits.