Based on the 3,000-yuan concession subsidy due at the end of September, the auto market set off a small sales peak in September. Among them, Ford China performed well. In September, its sales increased by more than 40% from the previous month. However, experts predict that the small sales peak in September will not be sustainable, and the auto market in the fourth quarter will have negative growth.
Yesterday, the National Passenger Vehicles Association released data show that in September, the output of generalized passenger vehicles (including micro-passengers) was 1.264 million, an increase of 3.0% from the 1.227 million in September last year and an increase of 13.4% from 11.14 million in August; In September, the sales volume of general passenger cars was 1.276 million, an increase of 9.1% from 1.17 million in the same period of last year, an increase of 22.7% from 1.04 million in August.
Judging from the September sales figures disclosed by auto makers, most auto companies have experienced positive growth from the previous month and the same period last year. The auto market has not been so lively for a long time.
All joint-venture brands posted significant growth in sales in September. Among them, Ford China performed well in September, with its sales volume increased by more than 40% month-on-month in September, exceeding the sales growth of Volkswagen China and GM China.
The performance of luxury brands is as usual. Its growth momentum is a bright color in the auto market this year. In September this year, Audi sold 29,400 vehicles in the Chinese market (including Hong Kong), an increase of 33.2% over the same period of last year; BMW Motors sales in China in September were 18,500, an increase of 20.9% compared to the same period last year; sales of Mercedes-Benz in China The growth rate is the fastest in its global market, with a 12.7% year-on-year increase of 15,200 vehicles.
The performance of BYD Auto is remarkable in its own brand car companies. Thanks to the hot-selling effect of the S6 SUV in June, sales of BYD Auto broke through 38,000 vehicles in September, while monthly sales in the first few months of this year were only around 30,000.
Chery Automobiles, which has not released monthly sales for a long time, has also announced the sale of cars in September this time. Chery Automobile sold 61,390 vehicles in September, an increase of 33.1% from the previous month, of which 14,590 were exported overseas, up 38.1% year-on-year.
Rao Da, Secretary-General of the National Passenger Vehicles Association, said that after the subsidy standards have been raised, about 90% of the models will lose support from policy subsidies.
Rao Da believes that in the fourth quarter of this year, the subsidy for energy-saving vehicles will temporarily withdraw from the market. In the fourth quarter, the passenger car market will inevitably be negative growth, which will reduce the annual growth of wholesale sales of general passenger vehicles to below 4%. With the dragging down of the truck market, the negative growth of the commercial vehicle market this year is a foregone conclusion. Therefore, the annual growth rate of wholesale sales of automobiles is between -1% and 2%. Subtracting the increase in exports and the increase in inventories, it is essentially the domestic market for automobiles. Sales are negative growth.
Yesterday, the National Passenger Vehicles Association released data show that in September, the output of generalized passenger vehicles (including micro-passengers) was 1.264 million, an increase of 3.0% from the 1.227 million in September last year and an increase of 13.4% from 11.14 million in August; In September, the sales volume of general passenger cars was 1.276 million, an increase of 9.1% from 1.17 million in the same period of last year, an increase of 22.7% from 1.04 million in August.
Judging from the September sales figures disclosed by auto makers, most auto companies have experienced positive growth from the previous month and the same period last year. The auto market has not been so lively for a long time.
All joint-venture brands posted significant growth in sales in September. Among them, Ford China performed well in September, with its sales volume increased by more than 40% month-on-month in September, exceeding the sales growth of Volkswagen China and GM China.
The performance of luxury brands is as usual. Its growth momentum is a bright color in the auto market this year. In September this year, Audi sold 29,400 vehicles in the Chinese market (including Hong Kong), an increase of 33.2% over the same period of last year; BMW Motors sales in China in September were 18,500, an increase of 20.9% compared to the same period last year; sales of Mercedes-Benz in China The growth rate is the fastest in its global market, with a 12.7% year-on-year increase of 15,200 vehicles.
The performance of BYD Auto is remarkable in its own brand car companies. Thanks to the hot-selling effect of the S6 SUV in June, sales of BYD Auto broke through 38,000 vehicles in September, while monthly sales in the first few months of this year were only around 30,000.
Chery Automobiles, which has not released monthly sales for a long time, has also announced the sale of cars in September this time. Chery Automobile sold 61,390 vehicles in September, an increase of 33.1% from the previous month, of which 14,590 were exported overseas, up 38.1% year-on-year.
Rao Da, Secretary-General of the National Passenger Vehicles Association, said that after the subsidy standards have been raised, about 90% of the models will lose support from policy subsidies.
Rao Da believes that in the fourth quarter of this year, the subsidy for energy-saving vehicles will temporarily withdraw from the market. In the fourth quarter, the passenger car market will inevitably be negative growth, which will reduce the annual growth of wholesale sales of general passenger vehicles to below 4%. With the dragging down of the truck market, the negative growth of the commercial vehicle market this year is a foregone conclusion. Therefore, the annual growth rate of wholesale sales of automobiles is between -1% and 2%. Subtracting the increase in exports and the increase in inventories, it is essentially the domestic market for automobiles. Sales are negative growth.
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