Key economic indicators of key automakers grew steadily in the first 7 months

The Federation of Travel Unions released the analysis of production and sales of the passenger car market in July. In July, the sales volume of general passenger vehicles was 1.118 million, which was an increase of 10.4% year-on-year and a decrease of 12.3% compared with the previous period. Domestic sales of 1.038 million units were up 8.0% year-on-year and 9.6% lower than the previous quarter. Among them, the sales of narrow passenger vehicles reached 889,000, an increase of 10.6% year-on-year, a decrease of 10.5% from the previous period; domestic sales of 910,000 vehicles, an increase of 7.9% year-on-year, a decrease of 7.2% from the previous quarter. The CLUCC believes that the pre-school car buying boom and the 11-week holiday market warm-up ahead of schedule are unique to August. In addition, the national economy recovered slightly in the third quarter, while the sales volume in the market in July was low, so that the sales and terminal sales of general passenger vehicles in August will both increase year-on-year and month-on-month.

Among the subdivisions of passenger cars, the sedan sold in July was 786,000 units, up 8.4% year-on-year and down 10.6% from the previous period; MPV wholesale sales were 38,000 units, down 8.6% year-on-year, 13.3% lower than the previous period; SUV sales were 16.4 Ten thousand vehicles, a year-on-year increase of 29.2% and a 9.0% increase from the previous quarter.

According to the introduction by the CSC, the abnormal weather in July and the decline in demand in Guangzhou and other regions caused sales to decrease; sales of narrow passenger cars in the 20 days before July were not as good as sales in the last 10 days due to distribution. Business inventory is too high and the funds are tight. At the end of the month, manufacturers have pressured the warehouse, which has affected the enthusiasm of dealers. The passenger vehicle's wholesale sales and terminal statistics both decreased.

In the narrow sales of passenger car manufacturers in July, FAW-Volkswagen won the championship with 106,544 sales, and FAW-Volkswagen ranked second with 97,064. The top ten dealers in the wholesale sales category were FAW-Volkswagen, Shanghai GM, Shanghai Volkswagen, Beijing Hyundai, Dongfeng Nissan, FAW Toyota, Great Wall Motors, Dongfeng Yueda Kia, Changfu Mazda and Shenlong Motor.

The top ten companies for sales of general passenger vehicles are: FAW-Volkswagen, Shanghai GM, Shanghai Volkswagen, SAIC-GM-Wuling, Dongfeng Nissan, Beijing Hyundai, FAW Toyota, Chery Automobile, Great Wall Motor and Changan Automobile. This month, FAW-Volkswagen ranked unchanged in the ranks; in terms of self-owned brands, Changan Automobile sales fell sharply this month, rankings dropped from sixth to tenth. Chery Automobile and Great Wall Motor smoothly entered the top ten, ranking eighth and ninth respectively.

According to analysis by the CSC, the working day in August has 23 days, which is equal to the same period of last year, but it is one more day than in July. Theoretically, the output will increase by 4.5% from the previous month. In mid-August, the price of oil will rise, and the impact on the sales of the auto market will be limited.

At the beginning of August, Xi'an's limited licensing solicitation was the prelude to the limitation of second-tier cities, and panic buying in second-tier cities had little negative impact on the overall market. High-stocking companies have put most of this month's high-temperature production companies on the market and can reduce dealer stocks. The gradual introduction of energy-saving vehicle catalogue models and the gradual completion of regional terminals will result in a small purchase climax in the market.