China's auto industry lost 50% of the outflow of profits 62% of orders
China's auto goods produced and sales since the first quarter of this year while a new record high, but did not stimulate an advance in company yield, and trade overseas even more serious circumstances, a noteworthy descent in overseas orders.
Domestic: the structural growth of the market
April 13, issued by the Association of mist in March vehicle sales written knowledge present that the windup of China's motor vehicle sales 1,109,700, the Central than the 34.10 out of 100 expansion, year-on-year expansion of 5.01%, respectively, arriving at the utmost stage in the matching interval in earlier years. At the matching time, the first quarter of the total motor vehicle sales arrived at 2,678,800, surpassing the United States one time over, making China the world's greatest new client market.
In this consider, the rationale of vapour to aid the Secretary-General accepts as factual that whereas the above-mentioned facts and numbers display that the country's principle function to stimulate the finances extend to be productive, the automobile market has begun to step-by-step choose up, but has not advanced functioning efficiency. This is because the vehicle market is mostly associated to functional development, by the State to boost the little vehicles the principle significances, of which 45% of the vehicle advantage, but the other 55% of the forms are still down.
Association facts and numbers display that in the vapor, going by car the development assistance of automobile output and sales of the three biggest forms are cross-type traveller vehicles, trucks and cars. Cross-type traveller vehicles is the most significant advantage by the principle form, a lone ring on the identical time span last year more than three successive months and to sustain development in the first quarter of year-on-year development of 34.78 per hundred, higher than the commerce development rate of 26.97 percent. The first quarter and 1.6 liters displacement following the sale of traveller vehicles come to 1,411,400, an boost of 21.93 per hundred, higher than the traveller vehicle commerce development rate 14.12 per hundred, 70.72 per hundred market share, higher than 8.19 the identical time span last year percentage points. 1.6 liters and underneath the present emission of traveller vehicles over the board cost of a callback, the starting of the end of last year and this year the trader cost concessions have been uncommon sight.
But the principle does not advantage the other forms the position is not hopeful, MPV first quarter sales of 46,700 yuan, down 15.47 percent; semitrailer tractors, motor advisers and motor trucks fall nonholonomic vehicles more conspicuous, semi-trailer tractor sales down 70% . The identical time span last year, the 9 classes A total of 5 sub-model vehicles dropped 4 forms up there.
January-February enterprises above designated size car main business income of 320.413 billion yuan, up 9.42 percent decline, the profit amounted to 9.879 billion yuan, up 50 percent drop, drop significantly. Steam Association in the 19 key enterprise groups of the economic situation in January-February also illustrates this point, and drop more than the industry average.
GF Securities analyst connected that because of constructive expansion, chiefly displacement 1.6 liters and under the market and cross-type commuter motor vehicles of these two types by the guideline to stimulate expansion, and they all owned by to meager yield yield, charge and yield are quite low.
"The so-called descent in the effectiveness of two, is a forfeit, there is a descent in yield growth. We expect that the interest rate is higher than sales expansion, which suggest the high value-added. But now the auto development there have been less than faultless profile, that is, the descent in yield expansion, but it is not straight away move into the stage of a comprehensive loss. "visit of Deputy Secretary-General of the Association that the Jie Yao, and weighed against to other businesses, the automotive development has not failed a large number of layoffs to lessen the large number of dealers, goods produced and selling is still in the quite unwavering state.
Exports: trade protectionism
With the domestic automobile production and sales, China's auto exports, it was an obvious decline continued. Originated in developed countries the financial crisis has spread to emerging markets, the two market demand of China's exports of parts and vehicles causing significant resistance, resulting in a substantial decline in business orders, and even then no one can.
According to Association of gas statistics, automobile trade overseas as long as the first quarter this year, 61,000 yuan, down 62.06 out of 100, the apex five exporters are a extensive descent in exports. According to way of life statistics, China's trade overseas in the first two months of this year 40,000 drive vehicles, prized at 630 million U.S. dollars, respectively, plunged 49.8 out of 100 and 61.7 percent. One in February for a solitary month trade overseas size in 2007 the least purpose since the monthly exports.
China's auto components trade items development has conspicuously slowed down down. Since January 1 this year, the China to advance content and 553 types of high-tech mechanical and electric goods with high value-added trade items levy refund rate, several auto components goods to be encompassed, but not a affirmative component for the principle to save the vehicle, for example mechanism and electrical devices tendency down turn in exports. Data display that the first 2 months, the United States and Europe on China's auto components trade items declined 36.4%, 35.9% and 50%. At present, a decline in demand for appearing markets the position is not optimistic.
"Great Wall Motor in Russia, were affected in southern Africa, mainly the absence of orders, at the same time resulted in the appreciation of the renminbi weakening of the competitiveness of their products." Great Wall Motor Company vice president of marketing your business-yu said, "Great Wall Motor's export volume during the first quarter to 1 more than 10,000 vehicles, up more than 40% down. "
Russia set up the protection of high tariffs and other trade barriers, affecting almost all the domestic automobile export enterprises, the Great Wall, Chery, Geely, Brilliance and other important automobile export enterprises, almost had to give up faced with this once the largest export market . In fact, according to the General Administration of Customs statistics, from January this year, Argentina, the United States, Russia has decided to originating in China's automobile engines and other products made with the differential anti-dumping or countervailing determination.
The end of last month, has one time afresh been Brilliance China Automotive (ADAC) is granted "piecemeal" the smash into check outcomes, but the Brilliance Junjie at the identical time taking part in the trial of Austria, the Netherlands and Switzerland but the smash into check body is granted the "Samsung" evaluation results. This is not tough to glimpse, in the face of China's auto trade items, ADAC such associations do not attentively or even proceed as a "trade protectionism" vanguard role.
Increasingly very included global trade surroundings has advanced the annoyance of auto trade overseas, the Commerce Department's trade overseas trade as the competent sections, has been ushered in evaluates to nurture trade overseas, but the farther distribute of the fiscal critical purpose, as well as the consequence of trade protectionism, these guidelines have so far have little effect. Department of Commerce Office of the Director of the State equipment and using electronics yield, some enticements are too late to play a job, for instance modifications in currency exchange rates, as some problems.
South Africa vehicle deal tariffs is 4%, comparable to those to nations with worse duty rates for deals and trade overseas of enterprises are the most beneficial, but due to the acknowledgement of the yuan exchange rate commanded to modifications in the restricted Chinese yield have no competent for instance, and if the restricted vegetation was too late.
And on the auto elements trade overseas, the bulk of enterprises as a effect of China's R & D capability is frail, uncompetitive yield, returning the slow and other elements, this is the constraints of its trade overseas of long-term problem. - 21396
Domestic: the structural growth of the market
April 13, issued by the Association of mist in March vehicle sales written knowledge present that the windup of China's motor vehicle sales 1,109,700, the Central than the 34.10 out of 100 expansion, year-on-year expansion of 5.01%, respectively, arriving at the utmost stage in the matching interval in earlier years. At the matching time, the first quarter of the total motor vehicle sales arrived at 2,678,800, surpassing the United States one time over, making China the world's greatest new client market.
In this consider, the rationale of vapour to aid the Secretary-General accepts as factual that whereas the above-mentioned facts and numbers display that the country's principle function to stimulate the finances extend to be productive, the automobile market has begun to step-by-step choose up, but has not advanced functioning efficiency. This is because the vehicle market is mostly associated to functional development, by the State to boost the little vehicles the principle significances, of which 45% of the vehicle advantage, but the other 55% of the forms are still down.
Association facts and numbers display that in the vapor, going by car the development assistance of automobile output and sales of the three biggest forms are cross-type traveller vehicles, trucks and cars. Cross-type traveller vehicles is the most significant advantage by the principle form, a lone ring on the identical time span last year more than three successive months and to sustain development in the first quarter of year-on-year development of 34.78 per hundred, higher than the commerce development rate of 26.97 percent. The first quarter and 1.6 liters displacement following the sale of traveller vehicles come to 1,411,400, an boost of 21.93 per hundred, higher than the traveller vehicle commerce development rate 14.12 per hundred, 70.72 per hundred market share, higher than 8.19 the identical time span last year percentage points. 1.6 liters and underneath the present emission of traveller vehicles over the board cost of a callback, the starting of the end of last year and this year the trader cost concessions have been uncommon sight.
But the principle does not advantage the other forms the position is not hopeful, MPV first quarter sales of 46,700 yuan, down 15.47 percent; semitrailer tractors, motor advisers and motor trucks fall nonholonomic vehicles more conspicuous, semi-trailer tractor sales down 70% . The identical time span last year, the 9 classes A total of 5 sub-model vehicles dropped 4 forms up there.
January-February enterprises above designated size car main business income of 320.413 billion yuan, up 9.42 percent decline, the profit amounted to 9.879 billion yuan, up 50 percent drop, drop significantly. Steam Association in the 19 key enterprise groups of the economic situation in January-February also illustrates this point, and drop more than the industry average.
GF Securities analyst connected that because of constructive expansion, chiefly displacement 1.6 liters and under the market and cross-type commuter motor vehicles of these two types by the guideline to stimulate expansion, and they all owned by to meager yield yield, charge and yield are quite low.
"The so-called descent in the effectiveness of two, is a forfeit, there is a descent in yield growth. We expect that the interest rate is higher than sales expansion, which suggest the high value-added. But now the auto development there have been less than faultless profile, that is, the descent in yield expansion, but it is not straight away move into the stage of a comprehensive loss. "visit of Deputy Secretary-General of the Association that the Jie Yao, and weighed against to other businesses, the automotive development has not failed a large number of layoffs to lessen the large number of dealers, goods produced and selling is still in the quite unwavering state.
Exports: trade protectionism
With the domestic automobile production and sales, China's auto exports, it was an obvious decline continued. Originated in developed countries the financial crisis has spread to emerging markets, the two market demand of China's exports of parts and vehicles causing significant resistance, resulting in a substantial decline in business orders, and even then no one can.
According to Association of gas statistics, automobile trade overseas as long as the first quarter this year, 61,000 yuan, down 62.06 out of 100, the apex five exporters are a extensive descent in exports. According to way of life statistics, China's trade overseas in the first two months of this year 40,000 drive vehicles, prized at 630 million U.S. dollars, respectively, plunged 49.8 out of 100 and 61.7 percent. One in February for a solitary month trade overseas size in 2007 the least purpose since the monthly exports.
China's auto components trade items development has conspicuously slowed down down. Since January 1 this year, the China to advance content and 553 types of high-tech mechanical and electric goods with high value-added trade items levy refund rate, several auto components goods to be encompassed, but not a affirmative component for the principle to save the vehicle, for example mechanism and electrical devices tendency down turn in exports. Data display that the first 2 months, the United States and Europe on China's auto components trade items declined 36.4%, 35.9% and 50%. At present, a decline in demand for appearing markets the position is not optimistic.
"Great Wall Motor in Russia, were affected in southern Africa, mainly the absence of orders, at the same time resulted in the appreciation of the renminbi weakening of the competitiveness of their products." Great Wall Motor Company vice president of marketing your business-yu said, "Great Wall Motor's export volume during the first quarter to 1 more than 10,000 vehicles, up more than 40% down. "
Russia set up the protection of high tariffs and other trade barriers, affecting almost all the domestic automobile export enterprises, the Great Wall, Chery, Geely, Brilliance and other important automobile export enterprises, almost had to give up faced with this once the largest export market . In fact, according to the General Administration of Customs statistics, from January this year, Argentina, the United States, Russia has decided to originating in China's automobile engines and other products made with the differential anti-dumping or countervailing determination.
The end of last month, has one time afresh been Brilliance China Automotive (ADAC) is granted "piecemeal" the smash into check outcomes, but the Brilliance Junjie at the identical time taking part in the trial of Austria, the Netherlands and Switzerland but the smash into check body is granted the "Samsung" evaluation results. This is not tough to glimpse, in the face of China's auto trade items, ADAC such associations do not attentively or even proceed as a "trade protectionism" vanguard role.
Increasingly very included global trade surroundings has advanced the annoyance of auto trade overseas, the Commerce Department's trade overseas trade as the competent sections, has been ushered in evaluates to nurture trade overseas, but the farther distribute of the fiscal critical purpose, as well as the consequence of trade protectionism, these guidelines have so far have little effect. Department of Commerce Office of the Director of the State equipment and using electronics yield, some enticements are too late to play a job, for instance modifications in currency exchange rates, as some problems.
South Africa vehicle deal tariffs is 4%, comparable to those to nations with worse duty rates for deals and trade overseas of enterprises are the most beneficial, but due to the acknowledgement of the yuan exchange rate commanded to modifications in the restricted Chinese yield have no competent for instance, and if the restricted vegetation was too late.
And on the auto elements trade overseas, the bulk of enterprises as a effect of China's R & D capability is frail, uncompetitive yield, returning the slow and other elements, this is the constraints of its trade overseas of long-term problem. - 21396
posted by X - Men @ 3:31 AM
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