The global car market finally resisted the annual decline or over 20%

Original title: Global Automobile City Finally Recovery All-Year Radio or Super 20% Comprehensive Foreign Report According to a new report of LMCautomotive, due to some countries relaxing to vehicle flow and business restrictions, July Global car sales continued April In the middle of the growth momentum, the year-on-year decline is narrowed up to%, and the auto market shows a comprehensive but fragile resuscitation. From January to July, the global car market sales still have 25% decline.

Most analysts predict that this year’s global automotive market sales is approximately 70 million units, and the decline will not be less than 20%.

This value is basically consistent with the prediction of LMC at the end of June.

However, in LMC, "It is difficult to assess the true state of the market.

An important factor in sales rapidly rebound is the demand of being suppressed, which in itself masks the potential of the current market.

"In all markets tracked in LMC, the western European market has the greatest drop in 1-7 months, down 36%; but the market has a new car registration in July, only reduces%.

This is because the government launched the stimulus consumption measures to a large extent, which promotes the warmth of the market. At the same time, car sales in Eastern Europe increased by 17% year-on-year. Since 2016, Western Europe’s sales have been more stable, fluctuating between 13.95 million and 14.3 million vehicles. LMC predicts that year, the sales of Western Europe will drop 24% to 10.85 million; it is slightly improved than, and the LMC prediction fell by 26%. Another French analyst InOvev said last week that this year’s European car sales will drop by 25% -35% year-on-year, and the main influencing factors include government subsidies and the development trend of new crown epidemic. LMC said that China’s auto market continues to present "V-type" recovery, and many factories have canceled the summer vacation to catch up with production.

According to the agency data, the Chinese auto market has increased by 13% year-on-year in July, higher than the increase in June. However, the accumulated sales of China’s auto market since this year have dropped by 15% year-on-year.

LMC expects that light cars in China’s annual accumulated sales will decrease, especially the risk of automakers and electric vehicles in the bottom of the sales list is particularly large. It is worth mentioning that the top ten car manufacturers in the Chinese market have increased its market share from 50% of 2016 to 60% this year.

At the same time, the sales performance of Japan and South Korea is relatively strong.

Compared to 45% low in May, Japanese car sales have narrowed in July to 14% year-on-year, but the new crown infection case has also threatened the market recovery.

In Korea, car sales have increased by 8% year-on-year since this year. On the one hand, due to its process of controlling the spread of the epidemic, the automotive industry production and sales have not been closed for a long time; on the other hand, the consumption tax cutting policy earlier this year has produced a larger Stimulating. However, this preferential policy has ended at the end of June, and the market trend will still be observed.

(Economic Daily – China Economic Net reporter Zhang Yu) (Editor: Wang Zi, Liu Jia) Sharing let more people see.

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