China (CAAM): March commercial vehicle sales-record highs
Shanghai
April 26, 2019
China Automotive Industry Association (CAAM):
On 12 April, announced that the car sales · 2.52 million units in March,
It decreased by 5.2% compared to the same month last year.
Breakdown:
Passenger cars: approximately 2.02 million units (down 6.9%)
Commercial vehicles: Approximately 500,000 units (up 2.4%)
Sales of passenger cars have continued to decrease from July 2018 on a year-on-year basis.
Commercial vehicles achieved positive growth, with the highest ever recorded in March.
China New Vehicle Sales Forecast for 2019 (CAAM): (See Table)
In January, it announced 28.10 million units, equivalent to 2018.
Each company refers to the outlook in financial statements and so on.
Shanghai Railway:
The sales volume of new vehicles (annual) of Shanghai Automotive is 26.75 million to 28.15 million.
Germany’s largest automaker with a joint venture with Volkswagen (VW) and General Motors (GM).
Dongfeng Motor Group:
Guangzhou Automobile:
The situation this year is the same as in 2018.
New car sales are expected to grow at zero.
Dongfeng Motor Group, which has joint ventures with Nissan, Honda, France and Peugeot.
Guangzhou Automobile has a joint venture with Toyota, Honda, Mitsubishi Motors and others.
-JETRO
https://www.jetro.go.jp/biznews/2019/04/d847f855e56cea2a.html