In September, the automobile market fell in the same period and the joint venture brand was still weak.

category:Finance
 In September, the automobile market fell in the same period and the joint venture brand was still weak.


On October 12, the China Joint Passenger Car Association announced car sales in September. In September, the retail sales volume of passenger cars in the narrow sense was 1.781 million, down 6.5% year-on-year and up 14% year-on-year. Sales in the first three quarters totaled 14.782 million vehicles, down 8.6% year on year.

Meanwhile, the retail sales of SUV market increased 0.6% year on year in September, and the performance of joint venture new products was excellent. In September, the retail sales of cars declined 11.2% year on year, which was worse than the cumulative decline of 9.4% in 19 years, due to the large decline of Class A and below cars such as new energy vehicles.

Consumer upgrading was slightly better in September, but the consumption of entry-level vehicles was still weak. Retail sales of luxury brands grew by 8% compared with September last year, while mainstream joint venture brands fell by 8% compared with the same period last year, and independent brands fell by 13% compared with the same period last year.

In terms of self-owned brands, the sales of Geely cars in September were 113,832, down 8.5% from the previous year; from January to September this year, the total sales of Geely cars reached 95,8110, down 19% from the previous year, and 70% of the annual sales target of 1.36 million vehicles was achieved.

In terms of Geely brand, sales of Boyue, Dihao, Wanyue and Dihao GS all exceeded 10,000 yuan. Among them, Dihao sold 159,000 cars in September, maintaining the top sales of Chinese brand cars; and Shengyao sold 11,100 cars in September.

Over the past four months, the sales of high-performance sport SUV stars reached 3 270 in September and 1.3 million in April.

In terms of new energy and electrified vehicles, Geely sold 8765 new energy and electrified vehicles in September. From January to September this year, the cumulative sales of 78 738 vehicles increased by 83.2% year on year, which became a major growth point of Geelys sales.

Great Wall Motor sells 10,019 new cars in September, up 15.33% year-on-year. From January to September, it sold 724,113 new cars, up 7.01% year-on-year.

Harvard brand sales reached 75,253 vehicles, up 22.14% year-on-year. WEY brand sells 8701 new cars in September and Great Wall pickup truck sells 13680 new cars in September. Pure Electric brand Euler sells 1877 vehicles.

In September, Chery Group sold 68,358 vehicles, up 2.4% year-on-year, and reached a new monthly sales peak in 2019. Among them, the sales volume of self-owned brand vehicles was 57,959, an increase of 10% over the same period of last year.

In the first three quarters of this year, Chery Group sold 50,6820 vehicles, of which 43,5831 were self-owned brand models, an increase of 6.4% over the same period last year.

Guangzhou Auto Honda sold 70,660 vehicles in September, with a cumulative sales of 573,396 vehicles in the first three quarters, an increase of 10.1% over the same period last year. Among them, the 10th generation of Accord sold more than 20,000 vehicles in September, and the new generation of Ling Pai sold 16,545 vehicles in September, which sold more than 10,000 vehicles in seven consecutive months. Guangzhou Auto Honda sold 7,028 large SUVs in September and 53,874 in the first three quarters.

Nissans sales in China in September were 134.7 million vehicles, down 4.6% year-on-year; Nissans sales in China in the first nine months totaled 109.09 million vehicles, down 0.4% year-on-year. Dongfeng Nissan sold 103,000 vehicles in September and 818,100 vehicles in January-September, an increase of 0.5% over the same period last year.

Xuanyi is still the main sales force of Dongfeng Nissan, with sales of 37944 vehicles in September. In September, the sales of Xintianqu hit 10,345 vehicles again.

C-class, E-class and GLCL are the three cars that contribute most to their sales.

Among them, the cumulative sales volume of Mercedes Benz C-class from January to September is 120000, becoming the best-selling model of Mercedes Benz, while the sales volume of Mercedes Benz E-class is 110000, and the average monthly sales volume of Mercedes Benz A-class is more than 5000.

In terms of SUV models, Mercedes-Benz GLCL has a strong performance, with a cumulative sales of 100,000 vehicles from January to September. It is the main selling model of Mercedes-Benz in the domestic luxury car market. As the cash Mercedes-Benz GLA enters the final stage of its products, its cumulative sales in January-September are only 34,000 vehicles. In terms of imported models, both S-class and GLE achieved double-digit growth in September, with the former reaching a new monthly sales volume in China.

2019 is Mercedes-Benzs year of SUV. At present, two new models of GLE and mid-term GLCL have been introduced. In the fourth quarter of this year, Mercedes-Benz will introduce two new models of GLB and EQC, as well as a new generation of GLS.

BMW Group sold 63,083 vehicles in September, up 5.8% year-on-year. From January to September, 526,017 vehicles were delivered, an increase of 14.4% over the same period last year. From January to September, BMW overtook Mercedes-Benz with a slight advantage of 167 vehicles in cumulative sales.

Among them, the new BMW 5 series has sold 124,700 vehicles in the first nine months, becoming the sales champion of the BMW brand. The 7th generation of the new BMW 3 series, which was listed in June, is currently in the stage of sales climbing. The sales of the 3rd family in the first nine months are more than 94,000.

From January to September, Q5L, A4l and A3 still maintained strong market momentum, of which Q5L sold more than 90,000 new cars and A4L sold 120,000 in the first nine months. The compact A3 sold nearly 60,000 cars in September.

The wholesale sales of new energy passenger cars in September were 65,000, down 33.4% year-on-year and 8% year-on-year. In September, the wholesale growth rate of pure electric passenger cars increased by - 31% year-on-year, 12% year-on-year; the grade A electric vehicles decreased by 1% year-on-year; the demand for new energy in restricted cities slowed down and the demand for new cars in low-level market was relatively low. In September, the number of mixed vehicles decreased by 44% compared with the same period last year and increased by 6%. Among them, the number of joint venture brand mixed vehicles increased by 80% compared with the same period last year, the number of self-owned brand mixed vehicles decreased by 60% compared with the same period last year, and the share of joint venture brand mixed vehicles reached 45%. The wholesale sales of 29,000 ordinary hybrid passenger cars increased 61% from September last year and 26% from August.

From January to September, 778,000 new energy passenger cars were wholesaled, an increase of 29.4% year on year. Due to the sharp increase in sales costs brought about by the subsidies recession at the end of June, and the disturbance of used new energy vehicles, it is difficult for all sectors of production and marketing to quickly respond to such cost changes.

According to the analysis by the Federation of Trade Unions, the external environment in October is more complex and the domestic economy is stable and controllable. With the phased results of trade negotiations, consumer confidence has been further restored and the market is expected to recover.

Source: Responsible Editor of Interface News: Yang Bin_NF4368