Economic operation of the automobile industry from January to July 2010

Abstract From January to July 2010, both vehicle production and sales exceeded 10 million units, up 44% and 43% respectively year-on-year. The year-on-year growth rate dropped by 5 percentage points from the first half of the year. In July, car sales increased by 15% year-on-year and 12% quarter-on-quarter. First, July...

From January to July 2010, both vehicle production and sales exceeded 10 million units, up 44% and 43% respectively year-on-year. The year-on-year growth rate dropped by 5 percentage points from the first half of the year. In July, car sales increased by 15% year-on-year and 12% quarter-on-quarter.

In January and July, the production and sales of automobiles continued to fall.
According to the statistics of China Association of Automobile Manufacturers, the national automobile production and sales in July were 1,285,800 and 1,244,000, respectively, down 8% and 12% respectively, up 16% and 15% respectively.

(I) Passenger car sales in July fell by 9% from the previous month, and cross-type passenger car sales experienced negative growth year-on-year.
In July, the production and sales of passenger cars were 990,900 and 946,200, respectively, up 17% and 14% year-on-year; the chain was down 5% and 9% respectively. Among them, the sales of cars was 655,100 units, up 9% year-on-year; the MPV sales were 31,000 units, up 76% year-on-year; the sales of SUVs was 109,700 units, up 87% year-on-year; the sales of cross-type passenger cars were 150,400 units, down 3% year-on-year.

From January to July, the production and sales of passenger cars were 7,673,200 and 7,667,700 respectively, up 46% and 43% year-on-year; among them, the production and sales of cars were 2,275,800 and 5,242,900, respectively, up 41% and 37% over the same period. .

1. Sales of passenger cars of 1.6 liters and below decreased by 11% from the previous month.

In July, sales of passenger cars of 1.6 liters and below were 618,600 units, a decrease of 11% from the previous month and a 9% increase from the same period last year, accounting for 65% of the total sales of passenger vehicles.

From January to July, sales of passenger cars of 1.6 liters and below totaled 5,243,700, accounting for 68% of the passenger car sales market. The market share of passenger vehicles decreased by 2 percentage points year-on-year.

2. The market share of self-owned brand passenger vehicles continues to fall
In July, a total of 377,700 self-owned brand passenger cars were sold, accounting for 40% of the total sales of passenger cars. Among them, self-owned brands sold a total of 172,500 vehicles, accounting for 26% of total car sales, and the occupancy rate dropped by 3 Percentage points.

(II) Commercial vehicle sales in July decreased by 19% from the previous month

In July, commercial vehicle production was 294,900 units, a year-on-year increase of 13%, a decrease of 15% from the previous month; sales of 297,800 units, a year-on-year increase of 17%, and a decrease of 19% from the previous month.

From January to July, the production and sales of commercial vehicles were 2,358,600 and 2,593,500, respectively, an increase of 38% and 42% year-on-year. The growth rate dropped by 4 percentage points from the first half of the year.

Second, the economic operation of key enterprises in the automotive industry maintained a good development trend
In the first half of 2010, the industrial enterprises above designated size in the automobile industry completed a total industrial output value of 208.619 billion yuan, a year-on-year increase of 49%.

In the first half of 2010, key enterprises in the automotive industry completed a total industrial output value of 936.663 billion yuan, a year-on-year increase of 59%. The growth rate dropped by 9 percentage points from January to May; the accumulated main business income was 1,037.481 billion yuan, a year-on-year increase of 61%. It has dropped 7 percentage points from January to May; the accumulated total profit reached 107.996 billion yuan, a year-on-year increase of 155%, and the growth rate dropped by 14 percentage points from January to May; the total realized profits and taxes totaled 169.891 billion yuan, an increase of 98% over the same period of last year. - In May, it fell by 9 percentage points.

Third, automobile exports are gradually picking up, and imported cars are growing rapidly.
In the first half of 2010, the total import and export volume of automobile products nationwide was 50.663 billion US dollars, up 84% year-on-year, of which the import value was 27.218 billion US dollars, up 130% year-on-year; the export value was 23.445 billion US dollars, up 50% year-on-year. The total vehicle import volume was 388,200 units, an increase of 166% year-on-year; the export volume was 250,000 units, a year-on-year increase of 56%.

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