Automotive products into the consumer to upgrade heavy head exacerbate industrial concentration

Posted on 6/1/2016 9:23:32 AM

CASS statistics show that in January 2016 to April, automobile consumption nearly 1.2 trillion yuan, an increase of nearly 10%, as the limit above the largest proportion of retail projects. Under the new normal and boost the transformation and upgrading of the automotive industry concentration is also rising.
China Automobile Industry Association recently released a list of 30 companies the automotive industry in 2015, a total of 18 vehicle manufacturers on the list, including SAIC, FAW, Dongfeng, Beijing Automotive Group four cars in the top four. This 30 companies operating income reached 3.895 trillion yuan, an increase of 1.61%.
As the world's largest car producer and sales market, China's auto industry has experienced a period of rapid development process, although now entered a "new normal" of the automobile industry, the growth rate has slowed, but the car industry as a whole is still in a direction situation ago. In 2010, the total revenue of the automobile companies before China's top ten auto industry nearly 2.1 trillion yuan, while in 2015 this figure reached 3.4 trillion yuan.
Analyze the reasons, one is Chinese automobile enterprises to enhance their strength, followed by Chinese technology and product quality improvement automobile enterprises, as well as independent brands and improve product quality. Transformation and upgrading of the automotive industry are constantly advancing, continue to extend the industrial layout. Transformation and upgrading of the automotive industry are constantly advancing, continue to extend the industrial layout, the transition from traditional manufacturing enterprises to manufacturing and services enterprises.

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