In 2009, the top four auto groups were scheduled to be ranked among the top ten in the world
As of yesterday, domestic automobile companies such as SAIC Motor , FAW Group , Dongfeng Automobile and Changan Automobile all released 2009 annual sales figures. Among them, SAIC ranks first in domestic sales with 2.72 million units, and FAW and Dongfeng Motor rank second and third respectively. The new Changan Automobile, which was acquired through the acquisition of an enlarged volume, failed to advance into the top three as it hoped and lags behind Dongfeng Motor with a slight advantage.
In 2009, the cumulative sales volume of Chinese autos has not yet been released. However, in the previous November, China's auto sales reached 12.43 million, and it is expected to reach 13.6 million vehicles throughout the year, making it the world's largest auto market. Shanghai Automotive is expected to advance to the top ten automotive groups in the world.
According to data released by Shanghai Automotive, the company sold 1.6 million passenger cars in 2009, an increase of 57%. Commercial vehicles sold 1.12 million vehicles, an increase of 58% over the same period last year. The company plans to sell more than 3 million vehicles in 2010. FAW Group has not yet released 2009 sales figures, but according to the sales announced by the group's various sections, the cumulative total is approximately 1.96 million, ranking the second in the country.
Dongfeng Motor Group's cumulative sales in 2009 was 1.898 million, an increase of 43.6%. Compared with Guangzhou Automobile Group and Changan Automobile, Dongfeng Motor did not move in reorganization in 2009, and sales growth was partly due to the collective effort of its various business segments. Dongfeng Honda Motor Co., Ltd., Dongfeng Yueda Kia Motors, and Dongfeng Nissan Motor Co., Ltd. all gained more than 50% year-on-year growth. Dongfeng Honda and Dongfeng Commercial Vehicles also gained different degrees of growth.
The cumulative sales volume of Changan Automobile's mini-vehicle, self-owned brand passenger vehicles, Chang'an Ford, Suzuki and Jiangling Motors totaled 1.4 million vehicles. The sales of Hafei and Changhe vehicles that were newly collected by Changan Automobile were 305,000 units and 158,000 units, respectively. As a result, the accumulated sales volume of Changan Automobile Group increased significantly to 1.863 million units, and it lags behind Dongfeng Motor with a slight disadvantage, failing to achieve success.
Although Changan Automobile is approaching Dongfeng and FAW Group in terms of sales volume, its low value-added operation due to its micro-vehicle main business, and because Hafei and Changhe’s operating losses have offset the operating performance of Chang’an, its sales and profit are still three major. There is a big gap between the groups.
Shanghai Automotive is expected to advance to the top 10 auto groups in China. It is the most exciting news for the Chinese auto market last year. In 2008, the world’s largest auto groups were Toyota, GM, Volkswagen, Ford, Hyundai-Kia, Honda, Nissan-Renault, Peugeot Citroen, Fiat, and Suzuki. Among them, 2.9 million PSA Peugeot Citroen, Suzuki Motors and Fiat sales are below 2.7 million. As the above-mentioned auto companies, in addition to the general public, experienced a decline in sales volume, Shanghai Automotive is expected to surpass Suzuki and Fiat to become the ninth largest auto group in the world.
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