Chinese into the global automobile market dismal Noah’s Ark

“Thirty Years Hedong, Hexi three decades”, the worldwide automotive development is a validation of the Chinese aged saying. March 30, the United States made a condensed assertion, GM said: “Wagner, Chairman and CEO to resign from bureau, effectual immediately.” Is the day, Obama refused the President of the United States GM and Chrysler’s restructuring arrange, made it clear that General Chrysler motor vehicles and ought not become a “national burden” under the contributing elements to survive. Wagner is not the only risk of such damn a motor vehicle head on the earlier day, that is, March 29, advertised the elevating of PSA Peugeot Citroen CEO Christian Streiff with the bond, find another enterprise guru in rank to tremble off the dilemma.

It is described that PSA Peugeot Citroen broadcast last month that in 2008 a snare decrease of 343 million euros, is anticipated to face even larger deficiency this year. Company Chairman of the Supervisory Board, said if Mrs Thierry, taking into account the French automotive commerce is now opposite “very difficult”, the board of supervisors unanimously determined that there is need to change the older management. So, he took agency two years Streiff has just become a “victim.”

Poor presentation or down turn in sales, which are two vehicle head-off the direct origin, which farther best features the international auto market in a critical situation. According to statistics, the first two months of this year, the United States vehicle sales dropped harshly, with only one month of sales of 668,000, of which GM’s sales dropped by 49 per hundred, Ford dropped 40%, g leisler dropped as much as 55%. In the automotive buyer market worsening for two successive months, the auto conferring firm CSM Worldwide sales are anticipated to decrease the United States. CSM accepts as factual that the United States in 2009 vehicle sales will fall to 9.7 million, much smaller than anticipated in January of 10.7 million, which will furthermore set in 1982 its smallest grade since. Since 1999, the United States the mean annual vehicle sales of about 16.8 million, in 2008, this number dropped to 13.5 million.

The United States auto market slump affected not only GM, Ford and Chrysler, but also over the past few years in the United States dominated the market prices of Japanese cars. If no unexpected events occur, will become in 2009 the Japanese auto market continued to decline in sales of the fifth year. Japan Automobile Manufacturers Association released the latest market report that demand forecast, the deteriorating economic environment, corporate earnings, and declining employment and income will be extended to the Japanese automotive consumption, the Japanese auto market in 2009 will remain in the doldrums, Japan is expected to include the micro-cars, trucks and passenger cars including demand for new vehicles 4,860,000.

March 24, Japan’s biggest automaker Toyota broadcast that dilemma with the compelled sale of the tension inventory, the business in February to decrease by half the world’s output, to 434,200. In supplement, the business in Japan in February at the yield of only 208,000, a decline of 56.4% year-on-year. At the identical time, Honda, Nissan and Mazda and other businesses have furthermore broadcast a considerable decrease in sales of data, of which Honda has broadcast the international and household output and sales year-on-year down turn in more than 40%; Nissan international output dropped 51.3 per hundred, Japan output was down 68.8 percent; Mazda and Mitsubishi, respectively, of international output in February dropped 54.6% and 65%.

Affected by the descent in goods produced and sales, the Japanese Automobile Manufacturers Association on March 24 said that Japan’s in the household economic procedure because there is no indication of bottoming out, financial gatherings were impelled to drastically slice task charges and manipulate is very high. Expected 2009 sales to Japan plunged 8.0 out of 100, to 4,297,600, it will be the least since 1977, Record.

European markets furthermore plummeted. Germany’s biggest automobile business, leader of the public Winterkorn said the business anticipated 2009 sales in Germany will down turn by 10%. CEO Martin Winterkorn has said frequently to the out-of-doors world by the international economic urgent position and the harmful consequences of the financial worsening, the world automobile market in 2009 will be “extremely difficult.” Thuringia, Germany ghass Automotive financial power Diz Dean even said that at the end of 2009, the German auto commerce work force of 760,000 will have 5 million persons unemployed; in the present automotive vendor in 9500, there will be 1500 House shut down or merged. To this end, the German Automobile Industry Association (VDA) inquired their authorities to emulate the United States, for the automotive manufacturers to supply alike respite loans. Are anticipated VDA, Germany’s new vehicle sales in 2009 will fall to 2,900,000. Association President David Waisman said that the German vehicle market is in down turn, or an unprecedented pace and impact. Association Schmidt, Managing Director of the Treasury, said: “the economic urgent position disperse to the automotive commerce has just started, it will step-by-step display contradictory effects. German vehicle sales are anticipated to come back to present grades, possibly after 2023 are things. ”

Streiff just not confident about the school’s worldwide auto market this year, “the European auto market will farther descent is looked frontwards to to descent 20%, arising market nation will in addition be a noteworthy recession.” He in addition said that the downward spiral in today’s large surroundings, the first optimistic elements are the Chinese market, China in 2009 will become the center of monetary expansion, “Although we look frontwards to the expansion rate of the Chinese market only in the solitary digits, but still optimistic expansion, after all.”

As Streiff said, even though the growth rate of the Chinese auto market is slowing down, but the relative decline in other markets worldwide situation, the Chinese growth market exciting enough. Especially in 2009, the Chinese automobile market began to change slide in the same period last year, showed a vibrant thriving weather. Statistics show that in February this year, domestic car sales to 827,600, an increase of up to 24.72%. Among them, the passenger cars sold more than 600,000, an increase of 24.23%.

Sensitive sense of smell to smell the foreign investment market opportunities in China, started to give up the domestic market, will turn attention to the Chinese automotive market. “Specifically tailored for the Chinese consumer products” has become a popular automotive sector, including the new Regal, the new Carnival sedan, A4L Audi and BMW 5-Series long-wheelbase models, etc. are included. It appears that how the Chinese market as a new car can keep their head “rice bowls” of the key. But clearly, this is not the mission can be done overnight.

It can be said that the global automotive industry is experiencing an unprecedented storm, while the Chinese market, this storm is the “Noah’s Ark.