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After nearly a year of market trough to recovery, many car companies have both declined in sales this year, resulting in varying degrees of changes in market capitalization. Among them, Tesla still surpassed Toyota and Volkswagen with an absolute lead to become the world's largest automaker by market capitalization, including soaring market capitalization of many new energy brands.
The auto market shrouded by COVID-19 has seen signs of a sharp decline since the first quarter of this year, and according to the latest April new car sales data released by various countries, the global car market almost without exception has declined, and sales in many countries have even hit bottom.
The territory of Chinese car companies entering the Russian market is constantly expanding. Rolf, Russia's largest car dealer, and Chinese carmaker BAW have reached a preliminary agreement to sell the brand's passenger cars in St. Petersburg, the Russian News reported. Yes
As the world's major multinational car companies have announced sales in 2020, their ranking list has also been released. Affected by the epidemic that began last year, car companies around the world have suffered a decline in sales. Due to the early recovery of the Chinese market, many car companies have been helped to recover. In this regard, some media have counted the proportion of the world's mainstream car companies relying on the Chinese market.
Since entering 2020, affected by the impact of novel coronavirus and his prevention and control measures, the global economic market has fallen into a "shutdown", so that the economies of the major automakers have also contracted seriously this year.
Data show that in 2021, the Chinese market ranked first in the world with sales of 26.27 million vehicles, making it the largest market in the world, followed by the United States with 15.4 million vehicles, and the Japanese market ranked third with 4.44 million. It should be noted that although Japan ranked third, but the sales performance
Today, Tesla ranks first, with a market capitalization of $1.059 trillion, according to the latest ranking of global auto companies' market capitalization. Toyota is not far behind, with a total market capitalization of $262 billion. The third place is Rivian, the new force of car building, with a total market capitalization of US $151.95 billion. The fourth to tenth places are Volkswagen, BYD, Mercedes-Benz parent company Daimler, General Motors, Lucid, Ford, Great Wall and other car companies. The rapid development of the new energy market has also made the market value of new energy brands soar faster than fuel models. Judging from Tesla, who ranks first on the list, its development trend is the fastest. On October 25 th.
Tesla, as an electric car company in the domestic market in the United States, has stabilized the local electric market since the continuous increase in sales. Nevertheless, as a new power of domestic car companies, Weilai also wants to enter the market "a piece of the pie." Recently, it has been reported that Weilai will also consider entering the US market.
When it comes to legal brands, I believe everyone is very familiar with them, and they already enjoyed a reputation in China in the early days, but with the influence of the market environment, the performance of legal brands in the domestic market has gradually declined, and now the four major brands account for less than 1% of the Chinese market. In addition to the performance of the domestic market, the sales of French brands in the global market have also declined, and the market performance has further shrunk.
In the market of stock competition, the concentration of the market is increasing. As consumers pay more and more attention to brand image and product reputation, automobile consumption tends to be more rational, which makes the "Matthew effect" of the car market more obvious. In this environment, the market performance of Japanese brands is particularly outstanding this year, and has gradually caught up with German brands.
When China has become the world's largest single car market and has become the main strategic market for many multinational car companies, even the shrinking PSA Group insists that no car company is willing to give up on this huge market. The Renault brand, which announced its withdrawal from the Chinese market in the first half of this year, announced a few days ago that it would return to the Chinese market.
COVID-19 has undoubtedly had a great impact on the global market. He thought that in the face of the impact of the epidemic since February, China's auto market had declined by 80 per cent, which was already the biggest decline in the global auto market. However, as the epidemic has gradually spread to overseas regions, it has dealt a heavy blow to many overseas countries, with the Italian auto market falling as much as 85 per cent. According to the latest global auto market statistics in March and the first quarter, in addition to the nearly 50% decline in the Chinese market, the Indian market in Asia also declined by more than 50% in March this year. Japan and South Korea were relatively flat in March; Russia alone.
The overall auto market in November is still in a state of malaise, but compared with October, the market has a hint of warmth, especially the SUV market showing a "stand out" performance. According to the latest data released by the Federation of passengers, sales in the narrow passenger car market rose 5.1% in November from the previous month, down 4.1% from a year earlier, of which the SUV market showed double growth, the highest since the policy stimulus in June this year.
Tesla's share price hit a new high, with a market capitalization of more than $100 billion, becoming the first US automaker with a market capitalization of more than 100 billion yuan. Tesla shares rose 4.09 per cent to $569.56 at the close of trading on January 22nd, with a total market capitalization of $102.66 billion. According to Tesla's current market capitalization of more than 100 billion US dollars, it has surpassed the combined market capitalization of Ford Motor (36.318 billion US dollars) and General Motors (49.879 billion US dollars), or the market capitalization of Germany's Volkswagen Group, to become the second largest automaker in the world by market capitalization. At the top of the list is Toyota, which has a total market capitalization of $197.411 billion. ...
with the annual new car list, according to the well-known media "Automotive News" reported that the 2021 North American car of the year shortlist has been exposed, a total of 9 models on the list, covering cars, pick-up trucks, multi-purpose models and other areas.
Weilai surpassed Daimler to become the fifth global auto company, while Xiaopeng surpassed Honda.
Overcapacity is a difficult problem facing China's automobile industry at present. Since China's car market entered a golden period of rapid development in 2013, car companies that saw the potential of China's car market began to continue to expand their production capacity. however, the rapid growth of the car market did not last long. In 2018, the consumer demand for cars suddenly came to a sudden stop, suffering the first decline in sales in the market, making the capacity utilization rate of the automobile manufacturing industry less than 70% in that year. As of June this year, China's car market, which has been declining for 12 months, has not improved, and the pressure on overcapacity has further expanded. So in the face of the continuous decline in the car market, how to digest the excess capacity? Production.
Another joint venture, Dongfeng Renault, is dissolved and delisted, while SAIC makes an evaluation of the industry pattern that "the concentration of the market is constantly increasing, and weak brands are facing elimination". Major changes will take place in China's automobile market affected by the epidemic in 2020. The continuous decline of the auto market has made the industry even worse. According to industry insiders, China's auto market has entered a phase of elimination of the fittest. According to the latest report of the Federation of passengers, passenger car sales in China fell 41% in the first quarter of this year compared with the same period last year. The decline in the market will further narrow in April, but the decline is also expected to reach 8%. Prior to this, the Federation of passengers has made a forecast on the trend of the car market for the whole year.
Affected by the continuous impact of the COVID-19 epidemic, the overseas car market still shows signs of weak recovery, resulting in a continuous downward trend in many places in August. According to the latest monthly new car sales data released by various countries, 80% of the global car market continues to decline, with only China and India achieving year-on-year growth.
According to statistics from the China Association of Automobile Manufacturers, passenger car sales in China in April were 1.704 million, up 10.8% from a year earlier, down 9.1% from January to April. Passenger car sales from January to April increased by 53.1%. The performance of China's passenger car market in April was not optimistic, leading to a decline in annual sales to varying degrees, but even so, the market performance of China's own brands is commendable. Data show that from January to April, China sold 2.828 million brand passenger cars, with a market share of 41.6%, an increase of 3.4% over the same period last year. According to the passenger car departments announced by the association.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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