First, the status quo of the domestic passenger car industry In May 2011, the automotive market continued the sluggish situation of the previous month, and the monthly production and sales of automobiles in the country reached 1,348,900 and 1,382,800 vehicles respectively. It decreased by 12.14% and 10.9% from the previous quarter, and was down 4.89% and 3.98% year-on-year. From January to May, the cumulative production and sales of automobiles reached 7,796,600 units and 7,791,300 units, an increase of 3.19% and 4.06% year-on-year, which continued the downward trend in production and sales in April.

In May, the overall production and sales volume of passenger cars still fell compared with the previous month. Passenger car production and sales volume were 30,400 and 30,500, respectively, a decrease of 6.28% and 6.20% from the previous quarter, and a cumulative increase of 7.16% and 11.16%. The sales of non-full-size passenger cars were 6,589 vehicles and 6,655 vehicles respectively, a decrease of 12.75% and 10.64% compared with the previous period.

From January to May 2011, the sales volume of passenger cars by model unit:

May 2011 Light Bus Market Analysis


In the main varieties of passenger cars, compared with April, the increase in the number of passenger cars in each model has dropped slightly. In the first five months, the largest passenger car peaked in March, showing a downward trend on both sides. In May, the medium and light buses also declined on the basis of growth in April, even lower than the sales in March. In May, the sales of large buses reached 0.48 million, the sales ratio was 99.32%; the sales of medium-sized passenger cars were 6,100, and the sales rate was 104.46%; the sales of light buses were 26,300, a month-on-month decrease of 9.35%, an increase of 0.83% over the same period of last year. The sales ratio was 99.69. %.

Growth of light passenger sales during January-May 2011: Vehicles, %

May 2011 Light Bus Market Analysis


The 2010 young passenger market ushered in a peak of development. In 2011, due to the industry's declining economy, rising oil prices and the international environment, the light passenger market is bound to be affected. From the sales of light passengers in January-May, although the cumulative sales volume is still growing, the growth rate has declined, and the monthly sales volume also started to decline from March.

Second, the major light passenger companies in 2011 can be described as the first year of European light passengers. More and more European light passengers will enter the market competition, and the market pattern of competition between sea lions and European light passengers will gradually be replaced by the light war in Europe.

At the 2011 Shanghai International Auto Show, companies such as JAC, SAIC, and Dongfeng have invariably brought high-end light passenger products. The capacity of the high-end light passenger market is not large, but the high profits of bicycles are well known. Because of this, the traditional forces of the high-end light passengers market - Jiangling Transit and Nanjing Iveco, although their annual sales are lighter than those of non-Shanghai Lions, their lives are quite good. This also led to the influx of major auto groups such as SAIC MAXUS, Jianghuai Xingrui and planned Changan light commercial vehicles.

Top 10 light passengers sales and market share units:

manufacturer

May sales

1-5 months cumulative sales

Cumulative growth %

market share

Jinbei Automobile Co., Ltd. 7501 36820 9.01 27.25 Jiangxi Jiangling Automobile Holdings Co., Ltd. 4567 24808 22.87 18.36 Nanjing Automobile Group Co., Ltd. 3198 19850 33.64 14.69 Dongfeng Motor Company 2193 9529 -10.89 7.05 Anhui Jianghuai Automobile Co., Ltd. 1704 8374 18.38 6.20 Beiqi Foton Motor Co., Ltd. Co., Ltd. 1677 10055 -6.45 7.44 Xiamen Golden Dragon Wagon Co., Ltd. 1121 5410 4.32 4.00 Xiamen Golden Dragon United Automobile Industry Co., Ltd. 957 4146 0.56 3.07 Zhengzhou Yutong Group Co., Ltd. 850 4208 198.23 3.11 Fujian New Fuda Automobile Industry Co., Ltd. 638 3448 0.00 2.55 Other 1907 8491 -2.92 7.28


From the current market structure, the market capacity of high-end light passenger products is relatively small, and MPV is also competing for light passenger market share. The most promising market is light logistics. As we all know, the logistics industry is currently one of the most growth industries. In 2010, China's total social logistics amounted to RMB 125 trillion. As the main model of logistics vehicles, light passengers have also become the focus of competition among major auto makers. As the first brand of light passengers, Brilliance Jinbei’s strong performance in the logistics light passenger market is as usual.

Note: The light passengers in this article include incomplete vehicles.



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