Category: Automobile

Automobile

New-energy Automobiles being a Development Trend- Review of Guangzhou International Auto Exhibition, 2017

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The 2017 Guangzhou International Auto Exhibition was opened in China Import & Export Commodity Trade Fair Pavilion in Guangzhou on November 17, 2017, which lasted for ten days and ended on November 26, 2017. The exhibition was exclusively open to the press on November 17 (Press Day) and exclusively open to professional audience on November 18 and 19 (Professional Audience Days). Ordinary audience and professional audience could visit the exhibition from November 20 to November 26. The entire exhibition covered an area of 220,000 square meters, with items on display…

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Automobile

Top 10 Wheel Hub Brands in China, 2017

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1. CITIC Dicastal As a globally leading aluminum alloy wheel manufacture, CITIC Dicastal is the first aluminum alloy wheel manufacturing enterprise in Mainland China which was invested by CITIC Group in 1988. 2. Wanfeng Zhejiang Wanfeng Auto Wheel Co., Ltd. was established on the 30th of September, 2001. Its business covers R&D, production and sales of automobile aluminum alloy wheels, motorcycle aluminum alloy wheels, leading the whole industry with an annual production volume of 35 million. 3. Jinfei Jinfei Holding Group Co., Ltd. was founded in 1959, holding total assets…

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Automobile

Development Index of China’s Electric Vehicles Ranks First Globally

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Statistics demonstrate that this is the first time for China to rank the first in terms of the development index of electric vehicles. China is expected to dominate the world’s market of electric vehicles in the future. Despite stricter government policies concerning new energy and fewer financial subsidies, market shares of electric vehicles and battery manufacturing will continue to grow, further presenting extended competitive advantages. In 2016, over 350 thousand plug-in hybrid electric vehicles and battery electric passenger vehicles were produced in China, accompanied by the sales growing at a…

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Automobile

Analysis on Top 100 Global Automotive Parts Suppliers by Group

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Japanese, German and American enterprises are strong in manufacturing whole vehicles, which can be verified by their powerful parts suppliers. By analyzing the location of headquarters of large parts suppliers, it is found that most of the Top 100 suppliers are Japanese enterprises, amounting to 28 (29 in 2013 and 2014, 30 in 2015 and 2016). the U.S. follows, which owns 22 suppliers (25 in 2013 and 2015, 23 in 2014). There are 16 German enterprises (21 in 2013, 19 in 2014 and 18 in 2015 and 2016). Apart from…

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Automobile

Analysis on Global Top 20 Tire Enterprises, 2017

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Most of the global Top 20 tire enterprises achieved poor sales performance in 2016 compared to that in 2015 except Continental. On the whole, the total sales value of tire business of the 20 tire enterprises in 2016 was EUR 2.7 billion lower than that of 2015, which amounted to the annual sales value of Cooper. This indicates that the tire enterprises failed to achieve the growth of sales value by raising prices and it also manifests that the market demand is shrinking. Tire enterprises will be under greater pressure…

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Automobile

Analysis on Trend of China Tire Industry, 2017

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According to statistics of World Automobile Association, at the end of 2016, automobile reserve volume was 1.12 billion, and production volume in 2015 was 90.68 million, up by 3.63% YOY. Global automobile production volume has kept a compound growth rate of 3.5% since 1997. In 2016, domestic automobile market also thrived in both productions and sales: annual sales volume of passenger vehicles was 24.38 million, hitting a record high, up by 16% YOY; sales volume of heavy truck even reached 32%, a historical high growth rate since 2011. At the…

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Automobile

Top 10 Producers in China’s Passenger Vehicle Industry by Sales Volume, 2016

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Sales Volume Ranking of Top 10 Chinese Passenger Vehicle Producers, 2016 (10,000 cars) Ranking Enterprises Sales Volume 1 SAIC Motor 221.89 2 Changan Automobile 135.41 3 Great Wall Automobile 96.89 4 DongFeng Automobile 89.64 5 BAIC Motor 87.39 6 Geely Auto 79.92 7 Chery Automobile 61.13 8 BYD 49.66 9 Guangzhou Automobile 37.62 10 JAC Motors 36.73 Total Sales Volume of Top 10 Producers 896.28 Total Sales Volume of Chinese Producers 1052.86 Proportion of Chinese Brands 85.13 Source: Internet   References: China Passenger Vehicle Industry Overview, 2017-2021 In 2016, the…

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Automobile

New Market Features in China Automobile Industry in 2017

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A new round of struggle for the leading role in global automobile industry outbreaks universally, and the only left competitors are Germany, Japan, the U.S. and China. Germany and Japan own the most powerful traditional automobile industry in the world. The booming automobile industry will drive the transformation and upgrade of the overall economic structure in China. In September, 2016, the supervisors of China’s automobile industry proposed a Temporary Concurrent Management Regulation for Corporate Average Fuel Consumption (CAFC) and New-Energy Vehicle (NEV) Credits for public comments, which stipulated that automobile…

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Automobile

Analysis on Sales Volume of New Energy Vehicles in China, 2016

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New energy vehicles include battery electric vehicle, extended range electric vehicle, hybrid electric vehicle, fuel cell electric vehicle, hydrogen engine vehicle and other new energy vehicles. In 2016, the global sales volume of new energy passenger vehicles was 774,000, which increased by 40% YOY, accounting for 0.85%. The proportion of new energy passenger vehicles was estimated to increase to 1% in 2017. The sales volume of Nissan Leaf, Tesla Model S, BYD Tang ranked the top three, respectively. China is the world’s largest consumer of new energy passenger vehicles, with…

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