Analysis of the proportion of various types of auto businesses in China's "four small" auto groups


I. The proportion of passenger cars by Beiqi basically ties in with commercial vehicles, which mainly benefited from the sales volume of Beijing Hyundai cars and the sales volume of Foton’s MPV.

Beiqi

The proportion of passenger car sales from January to November 2009 of BAIC Group increased by 7.83% year-on-year – from 41.38% in the same period of 2008 to 49.21%, which is more than the proportion of sales of passenger cars sold by Dongfeng and Chang’an Group mentioned above. (The Dongfeng increased from 70.57% to 76.07% and Changan from 75.75% to 78.20%).

The BAIC Group has achieved a similar proportion of the total business volume of passenger cars and commercial vehicles.

From January to November of 2009, although the proportion of SUVs and crossover models of BAIC Group was reduced, the proportion of its cars and MPV business was significantly increased, thereby promoting the overall proportion of its passenger vehicle business. In terms of cars and MPVs, the largest contributions to BAIC Group's sales in January-November 2009 were Beijing Hyundai and Beiqi Foton, both of which increased by 106.9% and 343.25% year-on-year respectively.

Second, Guangzhou Automobile: SUV and sedan increased one by one, reflecting the purchase of Changfeng and the Japanese car sales growth is not satisfactory

Note: The statistics of the proportion of sales of various types of autos of GAC Group are based on the sales volume of CAAM, but the difference from the published data is that the sales here include Changfeng, which GAC acquired and controlled in 2009. (The company has changed its name to Guangzhou Automobile Changfeng Automobile Co., Ltd.), while the sales of the GAC Group from January to November 2009 (54.28 million units) announced by the China Automobile Association did not include Changfeng.

The sales growth rate of joint ventures with Toyota and Honda is low, which is a significant drop in the sales ratio of cars of GAC Group

Compared with January-November 2008, GAC Group's sales of commercial vehicles from January to November in 2009 increased by 24.99%, but its share in GAC Group's total sales only marginally increased (from 0.44%) because of its small base. Increase to 0.46%). At the same time, the proportion of passenger cars slightly decreased (from 99.56% to 99.54%).

In passenger cars, the sales of passenger cars in GAC Group fell sharply from 93.83% to 85.38%. According to the data compiled by Gasgoo.com, the main reason for this is the poor performance of the major car companies under the group: GAC Toyota and Guangzhou Automobile Honda's sales growth from January to November 2009 was only 2.39% and 20.78% respectively year-on-year. , lower than the growth rate of China's sedan industry during the same period (44.92%); and Honda Motors (China) had a negative growth in sales from January to November 2009.

The proportion of SUVs of Guangqi Toyota and Changfeng to Guangzhou Automobile Group jumped to 9.81%

In contrast to the decline in the proportion of cars, the sales volume of Guangzhou Automobile Group's SUV achieved an increase from zero to 9.81%. This growth comes from two major companies: Guangzhou Automobile and Changfeng. If you do not measure Changfeng's sales volume, relying solely on Guangzhou Automobile's SUV, SUVs accounted for only 5.30% of the total sales of Guangzhou Automobile from January to November in 2009; after statistics, Changfeng sales, the proportion of SUV in total sales of Guangzhou Automobile reached the same period. 9.81%.

Still missing crossover models

Compared with the "Big Four," and Beijing Automotive and Chery, GAC Group did not have cross-car models (mainly micro-fabric), and this is the fastest growing car category in 2009. However, to make up for this shortcoming, GAC Group has also signed a preliminary framework agreement with Gonow on the acquisition of the latter.

Third, Chery: Increased proportion of sales of cars, benefit car policy

Chery Automobile

Although the Chery Group has commercial vehicle assets (such as Chery Commercial Vehicles (Anhui) Co., Ltd. and Yuchai United Power Co., Ltd., which was jointly funded with Yuchai and CIMC in the second half of 2009), it will be from 2009 and 2008. From November to November sales, its commercial vehicle sales were zero.

From January to November of 2009, Chery’s internal sales volume of cars and crossover models increased, with the crossover model achieving a breakthrough from zero to 2.88%. It can be seen that Chery fully seized the purchase tax of 1.6L and below. The growth opportunities brought by policies such as halving and automobile going to the countryside. Its proportion of sales of MPV and SUV decreased accordingly.

IV. China National Heavy Duty Truck : The proportion of sales of non- integrated trucks is the largest and fastest growing

China National Heavy Duty Truck Group

China National Heavy Duty Truck Group is still mainly based on trucks and their non-integrated vehicles and semi-trailer tractors, of which the sales of non-integrated trucks are not only the largest, but the proportion continues to increase (from 34.68% in January-November 2008 to 2009. In the same period, 48% of the passenger cars sold were very small, and all of them were large passenger vehicles, and the proportion of their total sales also fell from the same period of last year - from 0.02% to 0.0035%. As the "four small" was encouraged to reorganize the region. One of them, China National Heavy Duty Trucks has not given up on the reorganization of the bus company which has more complete passenger car products.



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