Automakers expand production capacity and add up to 6 million idle capacity last year

In 3 years, the domestic automobile production capacity will exceed 40 million vehicles. The unused production capacity for the past year has reached 6 million units on the 18th. Beiqi (Guangzhou) Automobile Co., Ltd.'s own-brand passenger car technological transformation project was started in Zengcheng. In the current month, Dongfeng Nissan will build a fourth production base in Dalian, and Beijing Hyundai’s third plant, scheduled to be put into production in July, will also be put into production in advance, together with the BMW Brilliance Shenyang Tiexi plant and Beijing auto show that will be put into production at the end of May. The announcement of the Guangzhou Automobile Honda's third plant, Shanghai GM advancing into Wuhan, Shanghai Volkswagen falling into Xinjiang, etc. In the last two to three years, the domestic auto companies have increased their capacity building. The author made a rough statistics. In 2015, after three years, the domestic automobile production capacity will exceed 40 million. And more car companies are still planning to expand.

Although the auto market is in the doldrums this year, the automaker's "capacity-only theory" upgrade has only achieved the first positive growth in sales and sales in 2012 for the first time in May. However, for auto companies, it is a consensus to start at a low point. As a result, an expansion campaign is emerging.

In Japanese companies, on May 14, FAW Toyota Changfeng Fengyue Company held the inauguration ceremony of a new factory, which is also Toyota's second factory in Changchun. Coincidentally, Dongfeng Honda's second plant will also be put into production in July and will add 100,000 capacity to East Ben. Guangqi Honda also announced the opening of the third production line at the Beijing Auto Show, which is expected to start production two years later.

In the Korean car companies, in April, Dongfeng Yueda Kia announced that it will add a third plant (including an annual output of 200,000 engines and technology centers) with an annual output of 300,000 units in the Yancheng Economic and Technological Development Zone, and it will be officially put into production in 2014. .

Beijing Hyundai, which is also the background of Korean investment, recently put into production the Beijing Hyundai Third Plant, which was scheduled to be put into production in July, and put it into production in June. The entire vehicle factory has a planned production capacity of 400,000 and an engine factory with a planned production capacity of 400,000 units. After the project is completed, Beijing Hyundai will increase its production capacity to 1 million.

Among the US car companies, Shanghai GM, which has a strong base, has set up its fourth base in Wuhan and opened its first place in the Dongfeng position. The project will be officially put into production in 2014, forming a capacity of 300,000 vehicles a year.

Ford's slow-moving Ford expansion in China has also become radical today. On February 24, Changan Ford Mazda Motor announced the formal start-up of its Chongqing No. 2 plant. With an investment of 490 million U.S. dollars, the production capacity will increase by 150,000, and the total annual production capacity will exceed 600,000. In less than two months, on April 5, Changan Automobile and Ford announced once again that they would invest a further US$600 million to expand their production capacity at their Chongqing production base. However, only two weeks later, Ford announced that it will invest 760 million U.S. dollars (about 4.9 billion yuan) in Hangzhou to build a brand-new vehicle factory and plan to produce 250,000 vehicles a year.

Among the German car companies, Shanghai Volkswagen also recently confirmed that it will build a new factory in Urumqi with a production capacity of 50,000 vehicles in the first phase. Earlier, the FAW-Volkswagen Foshan plant had also started construction. The luxury car company, on May 24 this year, Brilliance BMW's new factory in Tiexi District, Shenyang officially opened, which is also BMW's largest car manufacturing plant in the world.

After four years, idle capacity will reach 9 million vehicles. One side is the crazy expansion of production capacity by car manufacturers. On the other hand, the pressure on the auto market is increasing sharply. Inventories increase, and dealers can't stand!

The authors found that by 2015, the total production and sales targets of FAW, SAIC, Dongfeng, Chang'an, GAC, and BAIC will exceed 28 million, and Chery, Geely, BYD, Great Wall, Brilliance and JAC will be the six independent brands. The total production and sales target will also reach 12 million units, and 40 million units will have more than twice the annual sales volume.

If Ford’s Chongqing and Hangzhou plants are put into production, the total annual production capacity of Changan Ford Mazda will exceed 1.2 million vehicles, which is close to half of Ford’s North American production capacity last year. In early June, Jorge Heizman, who was recently announced by Volkswagen as the replacement for Ni Kaiming as CEO of Volkswagen China, said: "By 2018, we will substantially increase our production capacity in China to 4 million vehicles per year."

Chen Bin, Director of the Industry Coordination Department of the National Development and Reform Commission, once stated at the “2010 China Automotive Industry Development International Forum” that the planned production capacity of the local auto industry at the various levels of local governments has far exceeded the 31.24 million production capacity of 30 domestic major auto companies in 2015. The planning figures show signs of overcapacity. Today, this figure has soared to 40 million.

"Overcapacity is a matter of time, and the signs of excess capacity in 2014 or 2015 will begin to show up," said Su Hui, president of the Beijing branch of the China Automobile Dealers Association. According to KPMG's “2012 global auto industry executives survey report”, China’s auto idle capacity reached 6 million vehicles in 2011, which is equivalent to twice the size of the German auto market. It is expected that by 2016, idle capacity will be It rose to 9 million vehicles. At present, the crazy expansion of major car companies, or has already let the "overcapacity" alarm sounded ahead of schedule.

Related links 8 years after China’s auto ownership reached 260 million vehicles, the second seminar on the new trend of family car was held in Beijing with the theme of “How does the concept of auto consumption change under the trend of multiple trends?”. Xu Changming, director of the Information Resources Development Department of the State Information Center, said that in 2010 the United States had a vehicle holding of 250 million, while last year the United States’ oil consumption was 850 million tons. It is expected that China will reach 260 million by 2020, at which time oil consumption will reach the level of the United States. China's energy issues will also face greater challenges and challenges. Some analysts believe that so far, China’s oil reserves have been only 110 million barrels. If oil supply in the Gulf region is interrupted, China can only persist for 46 days; while the United States can hold 420 days, the EU insists on 238-250 days, and Japan insists 210 days. It can be seen that 55% of China's oil has already reached the warning level, and the auto industry, as a large oil consumer, supports and guides the purchase and use of energy-saving vehicles under high oil prices and high risk of oil supply in China. Imminent.