2009 January-February 19 focused on the profit rate dropped 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 show that the first two months of this year, China’s domestic car sales were 1,464,900, and the achievement of 1,563,600, while production fell by 1.16 percent year-on-year, but still maintained a sales growth of 2.70 percent, and the first two months of sales growth, to ensure that China’s domestic car the first quarter of more than 2.5 million in sales among the world’s largest auto market. Experts an interview yesterday that the first two months of the automotive industry showed sales growth in the case of a substantial decline in profitability was the “increasing output without increasing income” status, the main reason, first, domestic car sales growth in the structure of changes, one major automotive manufacturers in January to conduct a large-scale promotions.

Experts said that since late January by 1.6 liters (inclusive) following the buy of traveller vehicles by half levy assemblage principle, 1,2 household vehicle sales in the month of the fastest growing is 1.6 liters (inclusive) following the micro-, the finances and mid-level traveller cars. Statistics display that the first quarter of 1.6 liters (inclusive) the following emission traveller vehicle sales come to 1,411,400, an boost of 21.93 per hundred, higher than the commerce mean traveller development rate of 14 per hundred market share of 70.72 per hundred, over the preceding year 8.19 percentage points higher than the identical period. However, these sub-market goods, the earnings assistance of the manufacturers are not high. The past two months, the assistance of the biggest automobile market propelled micro-car as an demonstration, the commerce mean earnings per vehicle biking only about 1,000 yuan.