Comprehensive media reports and information from the Federation of Travel Unions, in April 2018, sales of narrowly defined passenger cars in the Chinese automotive market were 1.812 million, an increase of 9.6% year-on-year. From April's data, the ranking of Japanese car companies represented by Dongfeng Nissan and Dongfeng Honda increased significantly; Chang'an Ford, Chang'an Automobile and other Changan Automobile companies had a significant decline in rankings. In addition, SAIC Volkswagen, FAW-Volkswagen, and SAIC-GM's three front-line companies still have significant sales leadership, with monthly sales exceeding 150,000 vehicles.
Japanese and South Korean automotive companies rose significantly
In recent years, the progress of independent brands is obvious to all. In various rankings in recent years, independent brand rankings have also risen overall. However, judging from the monthly sales data in April, the overall performance of self-owned brands appears to be a bit weak. In April, Geely Automobile, SAIC Passenger Cars, and Chery Automobile were the only independent brands with the sales volume of the top 20 automakers rising. Geely Automobile and SAIC Passenger Vehicles sold 126,957 vehicles and 56,473 vehicles respectively in April, ranking only one place higher; Chery Motors was the top 20 newcomers this month and sold 30,978 vehicles.
Except for the slight increase in the rankings of the three independent brands of Geely Automobile, SAIC Motor, and Chery Automobile, the sales rankings of Great Wall Motor, Changan Automobile, Guangzhou Automobile Chuanxi and BYD Automobile did not increase. Among them, Changan Automobile sold 64,669 vehicles, ranking down 3 from the previous month to No. 6; Guangqi Chuanbiao, BYD Automobile sold 43,481 vehicles and 35,673 vehicles, respectively, both dropped by 2 places.
Different from the overall slowdown in the rise of self-owned brands, the Japanese and South Koreans generally rose all the way in April. In April, Dongfeng Nissan sold 103,036 units, ranking up 2 places to 5th; Beijing Hyundai sold 70035 units, ranking up 2 places to 7th place. From the perspective of the sales structure of the two car companies, Sylphy and its lead quickly became the important driver of its rankings increase in April. In addition to Dongfeng Nissan and Beijing Hyundai, the rise in Dongfeng Nissan’s rankings appears to be somewhat exaggerated. In April, CR-V sold only 1683 vehicles in April due to the throttle incident. But only relying on Civic, XR-V two cars, Dongfeng Nissan has completed a jump of 5 rankings. If the sales of CR-V are normal, Dongfeng Nissan will perform exceptionally well in April.
The Japanese and South Korean Departments performed well, and their autonomy was slightly weak. The position of Volkswagen's first-tier manufacturers was firm. This shows that in the domestic auto market in April, Japan and South Korea more snatched their own brand share. In addition, due to the small influence of self-owned brands in the car market, the independent brands appear to be uncomfortable when the car market recovers. However, it is a bit of relief that Geely Automobile and Changan Automobile have made breakthroughs in the car market and there is still a certain amount of sound in the car market.
Growth rate of sales of first-line car enterprises higher than the market average
In April, the companies in the domestic auto market that grew by more than 20% year-on-year were Changan Automobile, Geely Automobile, Beijing Hyundai, SAIC Passenger Vehicle, BYD Auto, and Beijing Benz. However, the top-ranked companies in the rankings were Geely Automobile, Beijing Hyundai, SAIC Passenger Vehicle and Beijing Benz. Therefore, from the perspective of the quality of growth, Geely Automobile, Beijing Hyundai, SAIC Passenger Car and Beijing Benz will be even higher.
In addition to the 6 companies with a year-on-year increase of more than 20%, the companies with a year-on-year increase of over 10% include Dongfeng Nissan, SAIC GM, GAC Toyota, SAIC Volkswagen and FAW-Volkswagen. Except for GAC Toyota and Dongfeng Nissan, SAIC GM, SAIC Volkswagen, and FAW-Volkswagen all achieved a 10% increase on the basis of 100,000 cars in the same period last year. At the same time, the domestic auto market growth in April was only 9.6%. SAIC GM, SAIC Volkswagen, FAW-Volkswagen and other strong companies have significantly higher growth than the market average. The strong domestic market is stronger, and the weaker era of the weak is coming. With all the benefits, the good days for increasing sales will gradually become the past.
In terms of year-on-year declines, FAW Toyota, Guangzhou Automobile Honda, Dongfeng Honda and Changan Ford experienced a year-on-year decline. In April, FAW Toyota sales fell 0.3% year-on-year. From the perspective of sales volume, Corolla sales grew rapidly and Vios sales dropped significantly. FAW Toyota's sluggish sales mainly relied on Corolla. The decline in the sales volume of Guangzhou Automobile Honda and Dongfeng Honda was mainly due to the significant year-on-year decline in the sales volume of the Accord and CR-V. Chang'an Ford Motor Co., Ltd., the basic model of the company's automakers, fell across the board, with the year-on-year growth rate at the bottom of the top 20 automakers. Judging from the year-on-year decline in the composition of companies, Japanese car companies have occupied 3 seats. However, in the specific models, sales of Sylphy, Corolla, and Civic cars have increased significantly. Therefore, the Japanese increase in April was not an overall increase, but only a recovery and rebound in some areas.
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