Securities Times reporter Mei Shuang
Under the background of the epidemic, many listed vehicle companies are facing dual pressures of production and sales.
According to the April production and sales express report disclosed by car companies recently, car production and sales have declined to varying degrees, or even halved year-on-year.
According to the latest data released by the Passenger Car Association, the retail sales of passenger cars in April were 1.052 million units, with an average daily retail sales of 35,000 units, a year-on-year decrease of 35%.
However, industry insiders believe that the auto market is expected to pick up in May as the auto parts supply chain accelerates to return to normal operation.
Production and sales fell significantly in April
On the evening of May 9, Great Wall Motors disclosed a production and sales report: April car production was 55,284 units, a year-on-year decrease of 38.47%; sales were 53,777 units, a year-on-year decrease of 41.41%.
Great Wall Motors sold 7,733 vehicles overseas in April, and accumulated sales of 37,055 vehicles from January to April; sold 3,870 new energy vehicles in April, and accumulated sales of 39,273 vehicles from January to April.
The decline in production and sales is not an isolated phenomenon.
On the evening of May 9, several companies disclosed production and sales data: Changan Automobile’s total car sales in April were 115,700 units, a year-on-year decrease of 42.78%; this year’s cumulative sales were about 767,200 units, a year-on-year decrease of 9.02%.
Haima Automobile sold 3,140 vehicles in April, a year-on-year decrease of 9.38%; the cumulative sales this year were 8,870 vehicles, a year-on-year decrease of 15.27%.
Jiangling Motors sold 17,200 vehicles in April, a year-on-year decrease of 48.61%; the cumulative sales this year was 87,357 vehicles, a year-on-year decrease of 24.20%.
It is worth mentioning that in April, when the demand in the automobile market was generally sluggish, the sales of some new energy vehicles bucked the trend.
Dongfeng Motor announced on the evening of May 8 that car sales in April were 7,044 units, a year-on-year decrease of 66.29%.
Among them, 1,237 new energy vehicles were sold, a year-on-year increase of 18.26%.
BAIC New Energy, a subsidiary of BAIC Blue Valley, produced 220 vehicles in April, compared with 151 in the same period last year; in April, it sold 2,017 vehicles, compared with 1,028 in the same period last year, a year-on-year increase of 96.2%.
Previously, a number of new energy vehicle companies have announced production, sales or delivery data in April.
BYD's sales of new energy vehicles in April reached 106,000 units, a year-on-year increase of 313%, and continued to top the sales list.
Affected by the epidemic, auto parts companies in many parts of the country have stopped production and operations, affecting the production and delivery rhythm of vehicle companies.
In April this year, NIO delivered 5,074 new cars, a year-on-year decrease of 28.56% and a month-on-month decrease of 49.18%.
Li Auto delivered 4,167 new cars, down 24.77% year-on-year and 62.23% month-on-month.
For the reason for the decline in deliveries, many car manufacturers attributed it to the shortage of parts.
Shen Yanan, co-founder and president of Ideal Auto, once said that more than 80% of Li Auto's parts suppliers are located in the Yangtze River Delta region, and a large part of them are located in Shanghai and Kunshan, Jiangsu.
Affected by the epidemic, some suppliers were unable to supply, resulting in delays in the delivery of new cars for some users.
Experts: May will surge month-on-month
Affected by factors such as the epidemic, some vehicle manufacturers and parts companies in the core areas of the auto industry, such as Shanghai and Jilin, stopped production in April, and auto production and sales declined.
On May 7, data released by the Passenger Car Association showed that in April, passenger car manufacturers nationwide wholesaled 903,000 vehicles, a year-on-year decrease of 46% and a month-on-month decrease of 50%.
The Passenger Car Association stated that retail sales in the passenger car market continued to remain low in April, as the measures taken by various localities to resolutely block the epidemic had a certain impact on the store operations of dealers.
In April, the entry and transaction of dealers in Jilin, Shanghai, Shandong, Guangdong, Hebei and other places were affected. About 20% of the dealers' stores of some brands were stationary, and the loss of passenger flow was large. Therefore, the retail sales of passenger cars in April lost. larger.
With the accelerated resumption of work and production in Shanghai's auto industry, the auto supply chain is gradually recovering.
OEMs such as SAIC and Tesla have already completed vehicles off the assembly line, and their production capacity has gradually recovered. Parts manufacturers such as SKF and Aptiv are also gradually resuming work, coordinating suppliers and logistics companies to ensure that raw materials enter the factory and maintain production.
"I believe that the production and sales of new energy vehicles increased sharply in May compared to April." Cui Dongshu, secretary general of the Passenger Federation, said that the Ministry of Industry and Information Technology has established an emergency coordination mechanism for the industrial chain and supply chain, and established a "white list" of key guarantee enterprises.
Priority should be given to ensuring the resumption of work and production of "whitelisted" enterprises, and the coordinated resumption of production by logistics, transportation and supporting enterprises.
The real recovery of the supply chain started from the end of April, when the number of vehicles with passes increased, and several transportation transit platforms in Shanghai were opened to realize the opening of the national supply chain.
The China Automobile Dealers Association believes that with the improvement of the epidemic in May, the previously suppressed car purchase demand will be released.
At the same time, relevant state departments and local governments have successively issued some policies to promote consumption, and auto OEMs have also successively introduced supporting measures.
Overall, it is expected that car sales in May will increase month-on-month. Due to the uncertainty of the epidemic, sales may fluctuate.Keywords: