Analysis on Sales of Self-owned Branded Passenger Vehicles in September 2011

If our country's passenger vehicles (referring to its narrow sense, excluding micro-customers) own brands are divided into three categories: the first category is the traditional independent brands, their companies/groups and foreign car companies currently have no traditional car joint venture or other Capital partnerships; the second is self-owned brands that have joint ventures or capital cooperation with foreign car companies and long-term production and sales of foreign brand cars. As these companies are mostly state-owned groups, they are temporarily called the group's own brands; The category is a self-owned brand launched by a joint-venture vehicle company. As of the end of September, there are two models for joint ventures: the Guangzhou Automobile Honda Concept S1, which was launched in April this year, and the SAIC-GM-Wuling Baojun 630, which was listed in August.

Traditional self-owned brands and large group sales have fallen

According to sales and wholesale data collected by Gasgoo.com, China’s major self-owned branded auto companies/groups (20 automakers and two joint-venture branded auto models) sold 322,200 passenger vehicles in September 2011, a year-on-year increase. 0.8%, far below the average growth rate of the passenger car market (10.0%). Among them, the sales volume of traditional self-owned brands and large groups both declined, which dropped by 0.8% and 0.5% year-on-year to 208,600 units and 106,700 units respectively; the sales volume of joint-venture independent brands was 4,878 units.

Top 10: Dongfeng Group has the fastest growth Chery has the highest drop

In September 2011, of the top ten self-owned brand auto companies/groups with sales in China, sales of six companies increased, and sales of four companies declined.

The six companies with sales growth are BYD, Geely, Great Wall, Dongfeng Group, Brilliance Automotive and Haima. The fastest growing sales volume was Dongfeng Group. Its sales volume increased by 32.8% to 15,700 units, ranking from the eleventh to the eighth in the same period last year. Followed by Haima, its sales increased by 22.9% year-on-year to 13,100 units, ranking tenth.

In addition to Dongfeng Group and Haima, sales of BYD and Great Wall have also increased by double digits, with an increase of 14.9% and 14.6% respectively to 38,000 vehicles and 26,400 vehicles.

Sales volume of Geely and Brilliance Automotive both increased by single digits, with an increase of 5.9% and 5.7% respectively.

Among the top ten companies in sales, the four companies whose sales volume declined are Chery, FAW Group, Chang'an Group and JAC. Among them, the highest drop was Chery, whose sales fell by 11.0% from 65,400 units in September last year to 58,200 units in September; followed by Chang'an Group and FAW Group, which dropped by 7.6% and 7.3% respectively; It is Jianghuai, which is 0.4%.

11~22: Fastest growth of Lifan Huatai and ZTE have the highest decline

In September 2011, among the independent brands ranked 11th to 22th in sales volume, apart from the concept of new listing this year and Baojun, there were sales growth of 3 companies and sales of 7 companies declined.

The three companies with sales growth are Lifan, Southeast Automotive, and Jiangling Motors, all of which have double-digit sales growth. Among them, Lifan has the highest increase rate of 40.0%, and it is also the highest growth rate among the independent brands in this article.

The seven companies with declining sales volume are SAIC, Zhongtai, Guangzhou Automobile Group, Beijing Automotive, Huanghai, Huatai and ZTE respectively. Among them, Huatai and ZTE declined the most, with 84.5% and 53.7%, respectively, and it was also the fastest falling company among the independent brands in this article.

Note:

1. Passenger cars in this article/figure/table are all referred to as narrow-sense passenger cars, that is, the sum of sales of cars, SUVs, and MPVs.

2. Sales of “autonomous brand” vehicles included in this article refer to the total sales volume of all models using non-foreign brand vehicles. Geely's sales do not include sales of Volvo brand in China.

3. The sales volume of “Dongfeng Group” refers to the sum of sales of Zhengzhou Nissan, Dongfeng Passenger Vehicle and Dongfeng Liuzhou Dongfeng Brand. The sales of FAW Group refer to the sales of FAW Car's own brands and Jilin Automobile, Tianjin FAW, Meiya Automobile and FAW Huali. Sales of the “Changan Group” refer to the sales of Changan, Hafei, and Changhe brands. "Hippocampus" sales are the sum of sales of FAW Haima and Haima cars. "Guangqi Group" sales refers to the total sales volume of the Chuanqi, Changfeng and Gio brands. "Beiqi Group" includes the sum of sales of Beijing Automotive Manufacturing Plant and Foton Motor.