Prospects for the development of China's automotive industry

Release time:

2021-03-18

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Abstract

Many people say that China is now a big automobile country, but it is not yet a powerful automobile country. This statement mainly refers to China's low per capita car ownership and weak technology independent research and development capabilities. It is understood that most of the domestic independent brands are still very dependent on the central technology, such as engines, automatic transmissions, etc. are still supplied by other brands. Independent brands inherit the past and the future. 2009 is a year of concentrated development of independent brands. Independent brands that occupy the advantage of small-displacement models have achieved varying degrees of growth in sales. According to the statistics of the China Automobile Association, in the competition with American, Japanese and other brands of passenger cars, a total of 4.0924 million passenger cars were sold in the first 11 months, accounting for 44.35 of the total passenger car sales. The market demand for small-displacement models gives independent brands a stage to release. At present, the displacement of the main models sold by independent brands is 1.6 litres or less, such as BYD's f3 and f0, which account for nearly 80% of its total sales. Chery sells more than 10,000 qq series and a5 and qiyun models a month. In addition to the strong market demand, the advantages of the independent brand itself is also an important factor in its development. As a fully controlled enterprise of the Chinese side, the independent brand has reduced the steps of introduction and modification compared with the joint venture. Therefore, the independent brand is completely better than the joint venture in the new car launch. More models mean entering more market segments. At the same time, in terms of model structure and brand establishment, independent brands also began to make some moves in 2009. In March this year, Chery released the high-end brand Ruiqi. Subsequently, the brand has already launched three models, of which Ruiqi g5, which is priced at nearly 180000 yuan, will be the main model hitting the middle and high end. Geely also changed its image at the low end of the past, with its emgrand brand releasing a new mid-class car ec718.

Many people say that China is now a big automobile country, but it is not yet a powerful automobile country. This statement mainly refers to China's low per capita car ownership and weak technology independent research and development capabilities.

It is understood that most of the domestic independent brands are still very dependent on the central technology, such as engines, automatic transmissions, etc. are still supplied by other brands.

Independent brand

2009 is a year of concentrated development of independent brands. Independent brands that occupy the advantage of small-displacement models have achieved varying degrees of growth in sales. According to the statistics of the China Automobile Association, in the competition with American, Japanese and other brands of passenger cars, a total of 4.0924 million passenger cars were sold in the first 11 months, accounting for 44.35 of the total passenger car sales.

The market demand for small-displacement models gives independent brands a stage to release. At present, the displacement of the main models sold by independent brands is 1.6 litres or less, such as BYD's f3 and f0, which account for nearly 80% of its total sales. Chery sells more than 10,000 qq series and a5 and qiyun models a month.

In addition to the strong market demand, the advantages of the independent brand itself is also an important factor in its development. As a fully controlled enterprise of the Chinese side, the independent brand has reduced the steps of introduction and modification compared with the joint venture. Therefore, the independent brand is completely better than the joint venture in the new car launch. More models mean entering more market segments.

At the same time, in terms of model structure and brand establishment, independent brands also began to make some moves in 2009. In March this year, Chery released the high-end brand Ruiqi. Subsequently, the brand has already launched three models, of which Ruiqi g5, which is priced at nearly 180000 yuan, will be the main model hitting the middle and high end. Geely also changed its image at the low end of the past, with its emgrand brand releasing a new mid-class car ec718.

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