the passenger Association expects the annual sales volume to reach 2009 million
According to a report recently released by the passenger Federation, the retail sales of narrow passenger cars in December is expected to be 2.05 million, a year-on-year decrease of 10.4%. Therefore, the estimated retail sales volume in 2021 is 2009 million, with a year-on-year increase of 4.1%. The Association revealed that the above data are based on the preliminary calculation of the retail target survey results in December.
a financial review: since this year, the supply of cars has been greatly affected by the shortage of chips. Especially since the second half of the year, automobile production has declined seriously. Although the core shortage eased in November, the improvement of the supply side was relatively limited due to the impact of the epidemic in various places in December. The association pointed out that more than 80% of the overall market in December still had a year-on-year negative growth of about double digits, while the average daily retail sales of major manufacturers in the first three weeks of December were – 17%, – 7%, – 8% respectively, with a cumulative year-on-year decrease of 10%. The market began to recover gradually in the fourth week, and is expected to be about – 8% year-on-year.
Geely releases Thor intelligent engine hybrid technology
On December 24, Geely motor officially released Raytheon Zhiqing Hix hybrid technology, which is composed of fuel engine and the latest three gear DHT Pro motor. The first hybrid SUV of Xingyue l Raytheon Zhiqing Hix equipped with this technology has a fuel consumption of 3.6L per 100 km, a thermal efficiency of 43.32%, and a measured comprehensive endurance of 1300 km. The car will be pre sold on the line on December 25, with a limit of 2022 vehicles. In addition, Geely Automobile has opened a new Raytheon power DHT intelligent micron factory for the first time. In phase I, it is planned to produce 300000 transmissions per year, and the automation level has exceeded 70%.
Yicai comment: since this year, a number of independent vehicle enterprises have released hybrid technology strategies. Western Securities Co.Ltd(002673) a research report recently released shows that under the resonance of policies such as “double carbon” and double integral, automobile energy conservation and emission reduction no longer focus on pure electric routes, but multi technology solutions. Plug in hybrid, oil electric hybrid and fuel cell vehicles will gain greater development space. In the long run, pure electric vehicles and fuel cell vehicles are the ultimate solution to zero emission. However, in the medium term, hydrogen fuel cells are limited by hydrogen production, hydrogen storage and hydrogen transportation, and pure electric vehicles are limited by mileage and charging time. Hybrid electric vehicles are the preferred solution to achieve energy conservation and emission reduction while taking into account technological development and economic benefits. In the field of hybrid, Japanese and Korean cars are at the forefront. The technical R & D threshold of hybrid vehicles is high, which needs to take into account many factors such as fuel economy, power response, manufacturing cost and so on. In recent years, independent brands have made some breakthroughs in the field of core technology, especially in the field of new energy. Geely is the leading enterprise of its own brand, but it still faces fierce competition in the hybrid field, including competition from Japanese and Korean car enterprises, Byd Company Limited(002594) and Great Wall Motor Company Limited(601633) .
Guangzhou Automobile Group Co.Ltd(601238) the production and marketing plan for next year will increase by 15% year-on-year
The 8th meeting of the 6th board of directors was held on December 23 to summarize the business completion in 2021. In 2021, Guangzhou Automobile Group Co.Ltd(601238) is expected to produce and sell about 2.098 million and 2.113 million vehicles respectively, with a year-on-year increase of about 3.1% and 3.4% respectively. In 2022, the group challenged the target of annual auto production and sales growth of 15% year-on-year.
a financial review: under the influence of multiple adverse factors such as chip shortage, unstable supply chain and rising raw material prices, the whole automobile industry this year, Guangzhou Automobile Group Co.Ltd(601238) withstood the pressure and is expected to achieve positive year-on-year growth in production and sales throughout the year. This achievement is not easy. With the easing of chip shortage and the intensive launch of new cars, Guangzhou Automobile Group Co.Ltd(601238) will challenge the target of 15% growth next year.
(First Finance)
