According to the statistical analysis of China Automobile Industry Association, in the first quarter of 2022, the top ten enterprises (groups) in automobile sales sold a total of 5.586 million vehicles, accounting for 85.8% of the total automobile sales.
Picture source: China Automobile Association 6 enterprises achieved year-on-year growth in sales, Byd Company Limited(002594) with the most obvious growth
Among the top ten automobile sales enterprises, compared with the same period of last year, Byd Company Limited(002594) shares still had the most obvious growth rate, Guangzhou Automobile Group Co.Ltd(601238) and Chery also showed rapid growth, and Saic Motor Corporation Limited(600104) , Dongfeng and Chang’an had slightly lower growth rate.
Fully electrified in March, the Byd Company Limited(002594) first quarter sales of discontinued fuel vehicles totaled 290000 units, a year-on-year increase of 179.8%. Among them, the sales volume of new energy vehicles was 286000, up 423% year-on-year. Meanwhile, in the first quarter, the sales volume of Byd Company Limited(002594) new energy vehicles accounted for 98% of the total sales volume.
Guangzhou Automobile Group Co.Ltd(601238) in the first quarter, the sales volume was 608000, with a year-on-year increase of 22.5%. Among them, GAC ea’an sold 45000 vehicles in the first quarter, a year-on-year increase of more than 150% Guangzhou Automobile Group Co.Ltd(601238) chairman Zeng Qinghong once said that GAC would challenge the goal of increasing automobile production and sales by 15% in the whole year.
Chery sold 230000 vehicles in the first quarter, a year-on-year increase of 11.5%. In the first quarter, although the sales volume of Chery new energy vehicles was 53000, with a year-on-year increase of 212.6%, the sales volume of Chery little ant and QQ ice cream was 50000, reaching 95% of the sales volume of Chery new energy vehicles in the first quarter.
Saic Motor Corporation Limited(600104) the reason for the slightly lower sales growth in the first quarter of this year is related to the high opening and low going. Sales increased significantly in the first two months, but fell 10% in March Saic Motor Corporation Limited(600104) id. in the first quarter, the sales volume was 1.22 million, with a year-on-year increase of 6.8%, of which SAIC Volkswagen contributed the most. In the first quarter, SAIC Volkswagen launched a number of new models, including lingdu L, Xinwei ran and ID. series 2022, which made the dealers have a strong demand for replenishing inventory and maintained the sales growth.
Dongfeng sold 848000 vehicles in the first quarter, a year-on-year increase of 3.2%. In the first quarter of this year, Dongfeng company intensively launched more than 10 new cars, including Dongfeng Fengshen dark night · Yixuan max, Dongfeng EX1 pro, Dongfeng Nissan Qichen V dark horse version, etc. In the first quarter, the sales of Dongfeng new energy vehicles increased by 264% year-on-year, maintaining a good development momentum.
In the first quarter of this year, the Chongqing Changan Automobile Company Limited(000625) sales volume reached 651500 vehicles, with a year-on-year increase of 1.6%. Among them, the sales volume in March was 236000, a year-on-year increase of 4.3%. Among them, new energy vehicles have always been one of the weaknesses of Chongqing Changan Automobile Company Limited(000625) the company. The newly launched independent new energy pure electric brand “Chang’an dark blue” may take on the task of “walking volume” of more Chang’an new energy in the future.
4 enterprises’ sales decreased year-on-year, and BAIC group’s sales decreased by 25.6%
Among the top ten enterprises in terms of automobile sales, China FAW, BAIC group, Geely Holding, Great Wall Motor Company Limited(601633) .
Affected by the suspension and restriction of production during the events of the Beijing Winter Olympic Games and the winter Paralympic Games and the limited logistics of raw materials and parts due to the sudden epidemic, BAIC group’s automobile sales in the first quarter was 369000, a year-on-year decrease of 25.6%.
FAW Group sold 608000 vehicles in the first quarter, down 22.6% year-on-year. Previously, affected by the epidemic, China FAW Group was forced to suspend the production of five vehicle factories in Changchun, including FAW Toyota and FAW Volkswagen, for four days, with an estimated loss of nearly 50000 vehicles.
Geely Automobile sold 320000 vehicles in the first quarter, down 2.3% from the same period last year. Compared with the rapid growth of sales in previous years, there is a significant decline in sales. Geely is the annual sales champion of Chinese brand passenger cars for five consecutive years, but it performed poorly in the new energy sector. In the first quarter, Geely’s new energy terminal sales were only 27000.
Great Wall Motor Company Limited(601633) in the first quarter, the cumulative sales volume was 283500, a year-on-year decrease of 16.3%. Since the beginning of the year, affected by the epidemic in many places in China, Great Wall Motor Company Limited(601633) many parts suppliers have been affected, many models have announced delays in delivery, and Euler’s black and white cats have announced that they will stop receiving orders. In the first quarter, the sales volume of the main Haval brand of great wall was 167000, a year-on-year decrease of 25.1%; The sales volume of Great Wall pickup trucks was 43000, a year-on-year decrease of 27.7%.
