This year, the target of 17 million car sales and sales will exceed 40,000 vehicles a day.

A target of 17 million cars for production and sales means that the remaining cars will sell more than 40,000 vehicles a day.

Since the beginning of this year, the Chinese automobile production and sales momentum has remained strong. Experts from the China Association of Automobile Manufacturers predict that the total production and sales will exceed 17 million vehicles this year, which is 1 million more than the previous forecast by the China Automobile Association. This is the second time that China Automobile Association has adjusted forecast data since this year.

With "Jin 9 Silver Ten," 17 Million Impacts

The reporter learned from the China Association of Automobile Manufacturers that as early as July of this year, China’s automobile production and sales volume had exceeded 10 million, reaching 10.21 million vehicles and 10.26 million vehicles respectively. From August to August, the situation of China's automobile production and sales was even higher. In August of last year, China's auto production and sales exceeded 11 million vehicles, which were 114.906 million vehicles and 11.5822 million vehicles, respectively, an increase of nearly 40% year-on-year.

In addition to the huge market potential, the timely re-emergence of small-to-medium displacement emissions from energy-saving vehicle subsidies is also the main reason for the high sales volume. It is reported that the 132 energy-saving vehicles in the first and second batch of “Energy-saving Automobile Promotion Catalogue” sold 129,600 units in August, an increase of 32% compared with the previous period, and accounted for 19.88% of the sales volume of passenger vehicles with 1.6L or less of displacement. The 13.26% of the total passenger car sales has played a significant role in promoting the rebound in the passenger car market in August. Analysts pointed out that 132 energy-saving models account for about 5% of the entire passenger vehicle model, indicating that there is still a lot of room for development for energy-saving vehicles, and the market share will increase in the future.

With the help of the traditional "Golden 9 Silver Ten", domestic auto makers generally believe that the auto market will accelerate again. According to current data estimates, the Automobile Industry Association has increased its production and sales target for this year from 16 million to 17 million vehicles, which means that in the next three and a half months, the national vehicle sales will exceed 40,000 vehicles a day.

Self-owned brand cars only have residual A00 ranks

However, for independent brands, this year is not a good year. According to the statistical data of the Federation of Travel Unions, the market share of narrow-segment passenger cars of its own brand has fallen month by month, from 35.9% in January to less than 27% in August, a drop of 1/4. At the same time, the joint-venture brands continued to attack the city. In 2007, it captured half of the A0-class sedan market; in 2009, it accounted for more than 50% of the SUV market share; this year it took the dominant position of the MPV market. At present, there is only A00-class sedan and minibus market, and its own brand share is greater than 50%.

The CCC side believes that the prospects for the development of self-owned brands are still worrisome because the country's tilting policy toward independent brands is minimal. The implementation of the tax incentives for car purchases in the past two years is actually an expansion of the 1.6-liter passenger car market. Joint venture brands have also benefited from the policy edge effect. After this year's reduction in purchase tax concessions, the market share of mid-to-high-end and premium sedans, SUVs, and MPVs increased, while the market for small-displacement cars declined. The market share of A00-class cars in 2008 was 7.7%, and it was reduced to 7.3% in 2009. From January to August this year, the total number of cars has dropped to 6.8%, which has exerted tremendous pressure on the survival of self-owned brand enterprises.

Inventory has fallen to the lowest level in the auto market this year

In view of the current rumored overcapacity of China's auto industry, Dong Yang, secretary general of the China Association of Automobile Manufacturers, said that the Chinese auto industry currently does not have the problem of excess inventory and excess capacity.

Dong Yang said that according to a survey conducted by the China Association of Automobile Manufacturers on corporate inventories, the total inventory is currently at a normal level. Statistics show that the inventory of automobile companies is now around 500,000. With the increase in production and sales volume, the company’s inventory has not increased. He believes that the current inventory has two major characteristics: First, the total inventory increases, the enterprise-side inventory does not increase, but the sales end inventory has increased; Second, although some passenger car brand inventory has increased, but some passenger cars The brand still has insufficient inventory.

In addition, the latest statistics from the National Passenger Car Information Association show that in August this year, the country’s passenger vehicle sales volume was 856,000 vehicles, an increase of approximately 10% compared with the previous month, and the situation of four-month consecutive decline has been terminated. As of the end of August, the inventory of auto companies (excluding retail links) was 504,100, which was a decrease of 45,000 from the beginning of the month, the lowest level this year. The decrease in inventory this month was mainly from passenger cars.