January car sales began to fund a new high share a dim view of car
January car sales began to fund a new high share a dim view of car
China Automobile Industry Association recently released statistics show that in January continued in 2009 China's auto consumption boom as sales were 1.6148 million and 1.6642 million, a new record monthly high. In the major automobile enterprises have emerged to increase the expansion plan and the 2010 wave situation, experts have warned the automotive industry has now signs of overheating, need to guard against signs of overcapacity.
January car sales to new high
Data show that in January China's auto production and sales in December 2009 continued rapid growth, production and sales record once again, the month just completed a 1,614,800 and 1,664,200, respectively, the chain growth of 5% and 17%, due to the same period last year low base, year on year growth of 143% and 124%.
Association of steam, said in January car sales good start on three reasons: First, to better our country overall macroeconomic and car demand; Second, in 2009 the favorable policies to stimulate the country, the automobile market demand to be activated, although preferential purchase tax in 2010 than the previous year, but the "combination punches" style policy of promoting consumption still driving the car consumption; third is deferred last year's strong demand, in January selling most of orders carried forward from previous year , the end of 2009 the various models appear difficult to find a car to some extent the situation in January are met.
Association of steam, said in January the situation could not explain the trend throughout the year, 2010 macroeconomic still many uncertainties, automotive operation needs further study.
Large enterprises to increase vehicle sales target in 2010
China's automobile production and sales in 2009 were 13,791,000 and 13,644,800 to complete, during which vehicles can be difficult to keep up production enterprises than-expected sales growth. Experts believe that China has entered the popularity of car consumption, China's auto demand growth in recent years has been generally good, the major automobile enterprises have appeared to increase in 2010 planning and expansion wave.
Enterprises from the major vehicle sales target has been announced of view, the 2010 Chery aims to sell 850,000, up 70%; BYD sales target 800,000, up 79%; Great Wall sold 380,000 total project, up up 90%; Geely sales target 400,000, up 21.6%; SAIC-GM-Wuling sales target of 1.23 million, an increase of 16%; Shanghai Volkswagen sales target of 829,000, an increase of 11.4%. Enterprises own brand cars average growth rate of 70% of planned joint venture plans an average growth rate of the brand about 20%.
However, the steam Association and major research organizations in 2010 car sales growth of 10% -15%, despite advances in 2009 car production enterprises in the state, but in 2010 car production enterprises in the expansion of excess capacity undoubtedly lay hidden dangers.
End of 2009, the national industrial control point, including steel, cement, plate glass such as the six industries with excess capacity, despite the car not in this column, but experts need to alert authorities have raised the risk of automobile production capacity surplus, the end of 2009 cars to promote consumption policy fine-tuning to explain the automotive industry decision-makers sought to avoid overheating.
However, experts in the automotive industry veteran, said Jia Xinguang, the automotive industry there is no overall excess capacity, but some models do have signs of excess. Currently there have been mini-bus heat, according to incomplete statistics, has been formed, and under construction production capacity of at least 7 million, while sales in 2010, about three million, and most are driven by policy, policy changes risky. New energy vehicles currently in the state financial subsidies to promote phase model, the market has not really started.
Reduced business performance cars imagination
Automobile Association Automobile Industry in 2009, economic indicators in 17 key enterprises Express showed that the rapid growth of major economic indicators, a general increase in corporate profits. Automotive revenues accumulated 1.512808 trillion yuan, up 30%, an increase of 20 percentage points over the previous year; tax profits accumulated 224.094 billion yuan, up 68%, from negative growth into positive growth over the previous year.
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