Overall auto exports shrink along the way to increase national exports

Posted on 5/27/2016 10:02:44 AM

How China's auto exports? According to the China Automobile Association latest statistics, May auto companies export 70,800, up 15% last month, down 7.3% over the previous year. Detailed below is introduced:
In recent years, the overall economic situation in the world market decline is an indisputable fact. Chinese traditional overseas markets such as Brazil and Russia, a huge economic downturn on China's independent car prices overseas exports. Although this past May, China's auto exports in April compared with a small elevation, but the big picture, the downward trend is still affecting the industry as a whole heart.
For the Chinese automobile enterprises, overseas auto market downturn chill brought positive so they knew. According to statistics from China Association of Automobile Manufacturers, in May 2015, domestic exports of 316,000 vehicles, down 13 percent from the same period last year, of which export 175 000 passenger cars, down 18.8% over the previous year.
For the Chinese automobile enterprises, overseas auto market downturn chill brought positive so they knew. According to statistics from China Association of Automobile Manufacturers, in May 2015, domestic exports of 316,000 vehicles, down 13 percent from the same period last year, of which export 175 000 passenger cars, down 18.8% over the previous year.
Analysts believe that Russia, Brazil and several other major exporting countries in 2015 auto market fell sharply, and the appreciation of the RMB exchange rate is an important cause of the decline in exports of passenger cars.
Meanwhile, the reporter learned that, "along the way" along the Asian countries are beginning to become an important market for China's auto exports, exports of China strategy car prices have also been adjusted.
Russia, Brazil car sales decline
According to the European Business Association statistics, the first five months of 2015, total sales of new cars in Russia is only 642,000, declined by 37.7% over last year. Brazil National Automobile Dealers Association data showed Brazil's first five months of total sales of 1.106 million new vehicles, down 20.9%.
In fact, Russia is one of the Chinese car prices overseas markets in recent years focused on the layout. It is understood that Geely, Great Wall, Chery and Lifan Chinese car prices in Russia in 2014 reached 668 stores, accounting for 16% of total Russian car dealer. Therefore, the sharp decline in the Russian automobile market makes it inevitable that Chinese car companies are affected. "Lifan exports to Russia in the domestic car prices are ranked first." Lifan Import and Export Corporation chief secretary director Deng Xiaodan told reporters. Precisely because the decline in the local market, its influence is inevitable. Lifan in May 2015 declined by 59% in Russian sales. "Russia and Brazil auto market downturn in sales is an important factor affecting the mouth."
In fact, China's auto exports fell not only appeared this year. 2014 total exports of 910,000 cars, down 6.9% over the previous year, of which export 533 000 passenger cars, fell as much as 10.6%.
Related earnings data, said the 2014 BYD overseas market revenue 7.46 billion yuan, an increase of 5.9%; Lifan overseas revenue 6.3 billion yuan, an increase of 17.9%. However, Geely overseas revenue over the same period fell 39.3% to 4.09 billion yuan; Great Wall overseas revenue 3.12 billion yuan, up 35.5% year on year decline also. "Lifan in seven overseas factories." Zhang Qiang, deputy general manager of Lifan automobile sales company told the "Daily News" reporter, Lifan in major overseas markets are manufactured locally, while local production can avoid RMB appreciation price pressure, which is one of the guarantees Lifan overseas income to maintain stability. According to the solution, Lifan overseas markets in 2014 revenue has exceeded domestic contribution of up to 55.2%.
Paying attention to the market of Southeast
Russia and other countries of the auto market slump, so that Chinese auto companies began turning to Southeast Asia and South Asia markets.
According to China Council for the Promotion of International Trade announced in April before the main vehicle exporter ranking, reporters found that, although the column is currently ranked third last year, Russia is no longer the list, Vietnam, Myanmar, Bangladesh and other Asian countries have begun to appear in the major export on the list of countries.
It is understood that, in April 2015, China's total exports to Vietnam Automobile 8800, an increase of 289 percent, China has become Vietnam's largest car exporter.
"China's 'along the way' along the National Automobile exports grew very large." Choi Dong-tree, told reporters that in 2015 a quarter of China's car prices on 'along the way' in Asian countries along the export volume increased by 40 percent to 98,000, accounting for more than half of the 183,000 cars over the same period total exports.
To this end, assistant general manager of Guangzhou Automobile passenger cars Wangshun Sheng told reporters, "2014 'along the way' (excluding China) countries along the passenger car sales over 12 million." In his view, the Chinese car prices in these countries there is a great market opportunity.
In this case, domestic car prices began to pay attention to Southeast Asia and South Asia and other places of the car market. "In the car prices 'along the way' strategy can eliminate some of the barriers to investment, reducing trade protection agreement." Wangshun Sheng told reporters, "We are actively communicating with countries along broaden the area of trade."
"Because of cultural and economic conditions, demand for cars in these countries and China is quite similar." PSA head of India told reporters that Chinese brand awareness in these countries are relatively better.

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