April sales of passenger cars top ten companies shuffle: SAIC GM headed Geely into the top four

On May 9th, the latest sales data released by the Federation of Travel Unions showed that in April 2018, the sales volume of narrow-minded passenger cars in China was 1.812 million, an increase of 9.6% year-on-year and 8.6% month-on-month. At the same time, the sales volume of narrow passenger cars was 1.874 million, an increase of 12.3% year-on-year and a decrease of 11.7% from the previous quarter.

Falling ring

Analyzing the trend of the auto market in the first three months of this year is not difficult to find that the decline in passenger car sales in April was not unrelated to the "good start" that the auto market is trying to create in the first quarter. Relevant data show that in March of this year, China’s narrow-minded passenger car retail sales reached a sales growth rate of 1.982 million units with a growth rate of 37.3% compared to the previous quarter, directly boosting the sales growth of narrow-minded passenger vehicles in China in the first quarter to achieve a 4.4% year-on-year growth. Reversing the dilemma of negative growth in the same period in 2017. In addition, under the influence of the Ching Ming and May Day holidays, there are only 20 working days in the month of April, which is a two-day reduction compared with March. This uncontrollable factor also affects the performance of the auto market to some extent.

Year-on-year growth

Under the general environment of micro-growth in the overall auto market, as the start of the second quarter, April often bears the pressure of the decline of the auto market, and this year's year-on-year growth is worthy of recognition.

According to analysis by the Association for the Fellowship, sales of narrow passenger cars in April increased year-on-year, which was related to the market downturn in the same period of last year and the pressure on dealer inventory at the end of the first quarter of this year. In April 2017, affected by the pressure of new car terminal prices and the sluggish sales of the Korean car market, the sales volume of narrow passenger cars in China was only 1.668 million, a record of a rare 2.3% year-on-year decline. From January to March 1818, the narrow sales growth of narrow-minded passenger cars was slightly higher than the growth of wholesale sales. As a result, dealer inventory pressure at the end of the first quarter was relatively small. According to statistics, in the first quarter of this year, the cumulative sales volume of narrow passenger cars in China was 5.669 million, an increase of 4.4% year-on-year, and that of narrow-sale passenger vehicles grew by 3.7% year-on-year.

In addition, the Beijing International Auto Show and local auto show held in April stimulated some purchases. In April, retail sales volume was 1.812 million, an increase of 9.6% year-on-year. The Federation of Travel Unions stated that compared with the cumulative retail growth of 4.5% in the first quarter, this growth rate is a reflection of the continued good performance of the auto market in April.

However, it should be pointed out that the characteristics of the auto market structure in April 2018 have changed. Judging from the three major market segments, the car has recovered to double-digit growth, even slightly leading the SUV. With the continued contribution of new energy vehicles and mid-to-high-end cars, the sedan market sold a total of 923,000 new cars in April, a year-on-year increase of 10.5%. The previously unusually hot SUV market sold only 753,000 vehicles in April, an increase of 10.4% year-on-year. According to the cumulative sales in the first four months, SUVs are currently catching up with cars. In the MPV market, the continued strength and decline of mid- to high-end models has significantly narrowed, with sales of 136,000 units in April, a slight drop of 0.1% year-on-year.

In addition, from the perspective of brand structure, luxury cars in April continued to maintain rapid growth, retail sales growth of 17%; Second, the growth rate of independent brands is 12%; and retail growth of mainstream joint venture brands only 6%. CLUCC pointed out that independent brands still need to improve their entry-level consumption environment and enhance their leading edge.

Top ten ranking renewable

In addition to the sales of passenger cars in April, there were also top ten car companies. Gargoyle's long-term combing revealed that the car sales rankings that have attracted attention in the industry are showing new changes every month. In the top ten passenger cars in April, SAIC General Motors, which is known as the “Millennium third,” surpassed the North and South by the public in terms of sales volume of 171,177 units, ranking first in the rankings; and it was ranked fifth and sixth in the past few months. Self-seeded player Geely Automobile, with the further development of its cars and SUVs and the high-end brand of lead-getters, climbed to the fourth place with 128,817 cars. The gap between the sales volume of FAW-Volkswagen and the third place narrowed to More than 20,000 vehicles. At the same time, SAIC Motors, another main brand of its own brand, also appeared in the 10th place on the list. Under the help of Roewe and MG, the SAIC Passenger Vehicle sales reached 62,289 units in April, an increase of nearly 50 percent over the same period of last year. %.

The details of the top ten car dealers in the narrow sales of car sales in April are as follows:

First place: SAIC General Motors

April sales of narrow narrow car: 171,177 vehicles

2nd place: SAIC Volkswagen

April sales of narrow narrow car: 160,010 vehicles

3rd place: FAW-Volkswagen

April narrow car sales volume: 150,549 vehicles

4th Place: Geely Automobile

April narrow car wholesale sales: 128,817 cars

5th place: Dongfeng Nissan

April narrow car wholesale sales: 104,608 cars

6th place: SAIC-GM-Wuling

April narrow car wholesale sales: 102,490 cars

7th Place: Beijing Hyundai

April narrow car wholesale sales: 70,007 vehicles

8th Place: Changan Automobile

April narrow car wholesale sales: 69,633 vehicles

9th place: Great Wall Motor

April narrow car sales volume: 68,835 vehicles

No. 10: SAIC Passenger Vehicle

April narrow car sales volume: 62,289 vehicles