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April car market strong recovery! A number of car companies to achieve growth, retaliatory rebound finally?

Publish Date: 2020.05.08


When may comes, the car market seems to get hot with the weather. Although only a week has passed, but a lot of car companies are eager to announce their own "report card", which is quite different from the previous two months have been "secretive" not to announce the status. From the point of view of the single enterprise data, the recovery of the automobile market in April was very obvious, and the growth of most automobile enterprises was relatively obvious, and some even showed positive growth.





A number of car companies are growing, up to 168%!


Judging from the data released by the car companies in the past few days, there have been quite a few positive ones. For example, saic-gm-wuling, which released its sales figures a few days ago, achieved a total of 127,000 new vehicles in April, up 13.5% year on year. Besides saic-gm-wuling, other brands under saic-gm-wuling also performed well. The retail volume of its three brands, buick, Chevrolet and Cadillac, added up to 11,100 units (including exports), with a year-on-year growth of 13.6% in domestic sales. Among them, buick brand sold 68,800 vehicles in April, up 29.5% year on year. Cadillac sold 16,200 units, up 14.4% from a year earlier. Chevrolet sold 26,000 units. As the main force, the sales volume of envision, regal and yinglang all exceeded 10,000 units in April.


4月车市强势复苏!多家车企实现增长,报复性反弹终于来了?

The new power of making cars also has strong brands, and though tesla is now in the ascendant, nextev has delivered a good result under great pressure. On May 6, nextev officially released the sales data. In April 2020, nextev delivered 3,155 new cars, with a year-on-year growth of 180.7% and a month-on-month growth of 105.8%. The number of deliveries was doubled for two consecutive months. By the end of April this year, the cumulative delivery volume of nextev in 2020 has reached 6993 units.


Of course, April's growth rate is the most outrageous or when the independent brand red flag. Faw red flag sold 14,500 units in April, up 168% year on year. From January to April, it sold 39,500 units, up 111% year on year. Among them, the monthly sales volume of the main sales models, hongqi H5 and H5S, is about 5,000 units. In fact, when China's auto market hit its darkest hour in February, the red flag still managed to grow by 32.5 percent, and it's not that surprising that it did so in April.


4月车市强势复苏!多家车企实现增长,报复性反弹终于来了?


Has the retaliatory rebound come yet?


After all, there was positive growth in April, double-digit growth, even triple-digit growth, and it was time to unleash the pent-up consumer demand of the last few months. But is that really the case?

4月车市强势复苏!多家车企实现增长,报复性反弹终于来了?

In fact, under the control of the epidemic, the car market in April significantly better than before was expected. Looking at subsidies from local governments and car companies, it also seems like a good time to buy a car. Wuling has already took out 3.5 billion yuan of travel subsidies, such as comprehensive subsidies for personal car users can reach 11000 yuan, such as the guangzhou Toyota, guangzhou Honda, dongfeng nissan auto enterprises also introduced corresponding subsidy policy, the depressed for a long time for consumers, there is no doubt that is a good time to "vent".


Still, talk of retaliatory spending is overdone. After all, today's car market is not more than a decade ago that the auto market, want to know is that at that time after SARS can implement retaliatory consumption because car body isn't so big, auto market is only more than 400, 2003 and 2019 has reached 25 million units, based on such a large, want to accomplish the SARS period in retaliatory consumption is impossible. Moreover, only some auto companies achieved positive growth in April, and the overall sales volume of the auto market was only better than that of march, but there are still many auto companies in a state of decline.

4月车市强势复苏!多家车企实现增长,报复性反弹终于来了?

Of course, those who just need to buy a car should be more cautious. Although some people are tempted by the local government's subsidy policies, they still have to pay for themselves and see whether the economic impact of the epidemic will affect their jobs. Therefore, after the impact of the epidemic, not only car companies are in trouble, but also consumers' wallets are obviously not as "bulging" as before. For all the factors, the big challenge is probably just beginning.

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