February Auto Sales To Continue Strong Growth In Automobile Exports Is Still Low

Production of 1.2 million, selling 1.21 million, respectively, year on year by 49% and 46%In the economy to pick up, encourage policy continuity as well as the effect of common role of festivals this year, car production and sales still continued to follow the first two months since last year’s high growth.

Yesterday, China Association of Automobile Manufacturers released in February of automobile production and sales.2 per month this year, sales were 1.2062 million and 1.2115 million, respectively, over the previous month decreased by 25% and 27% over the same period last year were up 49% and 46%; from January to February auto sales were 2.821 million and the completion of 2.8757 million, year on year growth of 92% and 84%.

Production and Marketing to Maintain a Good Posture

Of steam, Zhu Yiping, assistant secretary general, told this newspaper reporters that the Chinese New Year holiday in February due to the impact of high base in January auto sales, automobile production and marketing chain down is a normal phenomenon. Zhu Yiping, believes that the current vehicle production and sales can be judged from two perspectives is still the situation will continue to maintain the good momentum of development: first, in February auto production and sales more than 2009 Clear degrees average; Secondly, in February auto production and sales growth over the previous year the state showing.

This reporter has learned, independent brands in February of this year’s performance can be described as getting better. Passenger car brands were sold 477.4 thousand, accounting for 50.63% of total passenger car sales, once again the leading Japanese, German Department, the U.S. Department of Korea University and the legal systems of the car.

Is worth noting that, although the 2010 models of the 1.6L and below the purchase of emission taxes to reduce the margin of preference of 2.5 percentage points, but the first two months of such models continued to show tight situation. From the association’s statistics show that in the first two months of such models continue to perform well in the passenger car market share increased again, reaching 72%, compared with 2009, an increase of 2 percentage points.

Although to some extent last year, this year’s sales of overdraft, but the auto industry experts are still optimistic about this year’s auto market trends. Insiders told reporters that the higher capacity utilization in the case of the next four quarter earnings will be maintained at high levels, even in the case of slower demand in 2010, the industry’s profit growth will continue to over 20%.

Automobile Exports are Still Low

Automotive Industry Association data show that the domestic automobile exports continued to shrink. February auto companies exported 26.5 thousand, down 30%, compared with a year earlier, up 22%, of which exports of passenger cars and commercial vehicles respectively, 13000 and 13500, respectively, over the previous month decreased by 34% and 24 %, compared with the previous year, passenger growth of 83%, commercial vehicles fell by 7%.

From January to February of this year, exports were the top five vehicle manufacturers as Chery, Great Wall, Changan, Dongfeng, and Beijing Automotive, exports were 9121, 8556, 7837, 6028 and 4264, five companies the export share of total exports accounted for 56% over the same period last year were up 1.49 times, 1.17 times and 1.04 times, 1.96 times and 0.5 times.

Automotive industry forecasts, automobile exports will become the focus of this year’s government work is expected to be a number of related support policies introduced during the year, one after another.

At the same time, self brand cars stand still “betting” on the export business. Chery spokesman Jin Yibo told this reporter that, in 2010, Chery Auto export sales target of 10 million vehicles, double the number than in 2009.

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