2009 January-February 19 concentrated on the earnings rate fallen Cart

A quarter of vehicle sales 2,678,800, an boost of 3.88% in order that the presentation is rather boosted by the household automobile manufacturers, the financial urgent position it appears very far away from them. However, from the China Association of Automobile Manufacturers yesterday was 1,2 months of this year’s earnings of the automotive commerce facts and numbers displays that the household auto commerce has not completely retrieved from the brink of crisis. Statistics display that over the first two months of my dimensions (sales overhead five million yuan) Income from primary procedures vehicle 320.413 billion yuan, up 9.42 per hundred down turn, the total earnings 9.879 billion yuan, up 50 per hundred down turn, encompassing FAW, Dongfeng, SAIC, Southern Motors, Beiqi broadly vapour, Chery, Geely, Jianghuai, Hafei, Changhe, Brilliance, BYD, the South East, Heavy Duty Truck, Shaanxi Auto, Yutong, Jinlong and in Qingling inside the Group of 19 key enterprises, the earnings down turn was as high as 59%, a decline of 6.6 billion.

2008, China’s household auto output and sales from the third quarter after the end of the starting of the total up to more than 6 years of double-digit development of key enterprises 19 years before (Group), the seven businesses total earnings year-on-year development in business earnings 10 The total is smaller than the preceding year, the two loss-making enterprises. However, the first two months of this year, the profitability of vehicle manufacturers position, development can be accomplished only Qingling, BYD, Geely and Beiqi. Profit development last year, the register furthermore Dongfeng, FAW and Yutong, the first two months of this year displayed a earnings down turn in the identical time span last year. The first two months of this year’s earnings of foremost automotive manufacturers displays that SAIC, Dongfeng, Chery, Canton vapour a year-on-year earnings of 38-54% of contradictory development, FAW, Southern Motors, Hafei, hefty motor truck and a contradictory development of YUTONG is as high as 65-95%, and Brilliance, Jianghuai, Shaanxi Auto Jinlong and earnings from a year previous decrease to the southeast and will stay the identical in Changhe Automobile losses.

Data from the Association of Automobile Manufacturers display that the first two months of this year, China’s household vehicle sales were 1,464,900, and the accomplishment of 1,563,600, while output dropped by 1.16 per hundred year-on-year, but still sustained a sales development of 2.70 per hundred, and the first two months of sales development, to double-check that China’s household vehicle the first quarter of more than 2.5 million in sales amidst the world’s biggest auto market. Experts an interview yesterday that the first two months of the automotive commerce displayed sales development in the case of a considerable down turn in profitability was the “increasing yield without expanding income” rank, the major cause, first, household vehicle sales development in the structure of alterations, one foremost automotive manufacturers in January to perform a large-scale promotions.

Experts said that since late January by 1.6 liters (inclusive) following the pay for of commuter motor vehicles by half duty accumulation guideline, 1,2 in the household motor vehicle sales in the month of the fastest growing is 1.6 liters (inclusive) following the micro-, the economic procedure and mid-level commuter cars. Statistics present that the first quarter of 1.6 liters (inclusive) the following emission commuter motor vehicle sales arrived at 1,411,400, an advance of 21.93 out of 100, higher than the development midpoint commuter expansion rate of 14 out of 100 market share of 70.72 out of 100, over the earlier year 8.19 percentage points higher than the matching period. However, these sub-market yield, the yield addition of the manufacturers are not high. The past two months, the addition of the greatest automobile market moved ahead micro-car as an instance, the development midpoint yield per vehicle repeating only about 1,000 yuan.