The first three quarters of domestic passenger car sales target completion

Steady development of the auto market in the third quarter. Reliance on automotive companies in the fourth quarter Due to the downturn in the auto market this year, most auto makers in the first half of the year have failed to complete one-half of the annual sales target. Therefore, many manufacturers will hope to impact the annual sales target in the second half of the year. According to the sales data collected by Gasgoo.com, the China-made narrow-minded passenger vehicles in the third quarter (referred to as the sum of sales of cars, SUVs, and MPVs, and the 26 companies listed below excluded the Great Wall of Picago, other companies Sales were the same with sales of 2,980,600 vehicles, an increase of 10.3% over the same period last year. The growth rate is similar to 10.0% in the first half of the year. The third quarter failed to bring significant growth to the passenger car market.

At the same time, industry experts are generally not optimistic about the fourth quarter, that the car market in the quarter is difficult to have a greater improvement, will continue to dominate the main. The National Association of Travel Unions Secretary General Rao Da and the China Automotive Association are expected to see negative growth in the auto market throughout the year, and the domestic auto market will linger in the wake of a rational correction. Then as of the third quarter, China's domestic passenger car sales target has not been completed how the situation, the following analysis.

Only 5 of the 26 car companies achieved a sales target rate of over 75%. Let's first look at the expectations of some auto companies in China. The sales volume of 26 car companies in Gasgoo.com's total sales target for 2011 is 11.353 million units. Compared with sales of these enterprises in 2010 (980.01 million vehicles), they have increased by 15.9%. The actual situation is that the average growth rate of the passenger car market in the first three quarters of this year was 10.1%.

From the perspective of completion of the sales target, the total sales volume of passenger cars of 26 car enterprises in the first three quarters was 7,778,800, and the annual target completion rate was 68.5%. Therefore, the uncompleted rate (the ratio of unfinished sales target to total sales targets). It is 31.5%. Among them, only five companies had completed sales of more than 75% of their annual targets in the first three quarters of the year; 9 companies had sales completion rates of more than 70% and uncompleted rates of less than 30%; 9 companies had sales completion rates of 60 Between 70% and 70%, the unfinished rate is between 30% and 40%; the sales completion rate of the 8 companies is less than 60%, and the unfinished rate is above 40%.

Among the companies with uncompleted rates of less than 30%, 9 companies with annual sales target completion rates above 70% have Shanghai GM, Changfu Mazda, BMW Brilliance, Dongfeng Nissan, FAW-Volkswagen, Dongfeng Honda, Changan Suzuki, Beijing Hyundai and Shanghai Volkswagen. . Among them, Shanghai GM and Changfu Mazda achieved the highest completion rates. In the first three quarters, their cumulative sales were 927,300 units and 303,300 units respectively. The annual sales target was 1.15 million units and 375,000 units respectively, and the completion rate was 80.6%.

Other car companies with completion rates above 75% are BMW Brilliance, Dongfeng Nissan, and FAW-Volkswagen, with 77.8%, 76.0%, and 75.9%, respectively.

Dongfeng Honda's sales target for this year has been reduced, from the 280,000 units at the beginning of the year to the current 246,000 units. By September, its sales target completion rate was 74.0%.

The unfinished rate is between 30% and 40%. Among the 9 companies with sales target completion rates between 60% and 70%, there are Dongfeng Yueda Kia, GAC Toyota, FAW Toyota, GAC Honda, Tianjin FAW, SAIC Motor, Dongfeng Peugeot. And Geely Automobile. Among them, the highest completion rates were Dongfeng Yueda Kia and Guangzhou Automobile Toyota, with completion rates of 69.9% and 69.1% respectively.

Followed by Great Wall Motors, its completion rate was 68.1%, which is the highest completion rate among the independent brands in this article. Secondly, among the self-owned brands in this report, the companies with the second and third highest completion rates were Tianjin FAW and Shanghai Auto, respectively. The completion rates were 63.0% and 62.7%, respectively.

Sales targets of Guangzhou Automobile Honda and Shanghai Auto have been reduced. They have been reduced from 442,000 units and 230,000 units at the beginning of the year to 386,000 units and 192,000 units respectively. The completion rate is 64.1% and 62.7%.

The companies with an uncompleted rate of more than 40% and eight sales targets with a rate of less than 60% are: Brilliance Automotive, Beijing Benz, JAC, Chery Automobile, BYD, Dongfeng Motor, Daimler Fujian, and Lotus. Among them, Dongfeng Motor, Fujian Daimler and Lotus Motors all had sales targets of over 50% unfinished, and the completion rates were 46.2%, 42.1%, and 33.7% respectively.

Note:

1. Both Guangqi Honda, Dongfeng Honda and Shanghai Automotive have reduced their sales targets for the current year.

2. The sales target of Great Wall Motors includes the sales target of pickup trucks. Therefore, the sales volume of this article also includes pickup truck sales.