In April 2020, the production and sales of China's automobile industry exceeded 2 million units, slightly higher than the same period last year. Among them, the situation of strong commercial vehicles and weak passenger cars is still relatively obvious.

In April 2020, the production and sales of China's automobile industry exceeded 2 million units, slightly higher than the same period last year. Among them, the situation of strong commercial vehicles and weak passenger cars is still relatively obvious. iiMedia Consulting analysts believe that the country’s series of macro-control policies have provided a strong guarantee for hedging the impact of the epidemic and stabilizing economic operations. In particular, the active and prudent monetary policy has provided huge loan support and debt support to local enterprises, which has also provided great support to automobile companies. It has certain beneficial effects. ("iiMedia Report | Monthly Report on China's Automotive Industry Operation Status and Enterprise Business Conditions from March to April 2020" The full high-definition PDF version has 46 pages. You can click the report download button at the bottom of the article to download the report)

The following is an excerpt from the report:

2020 Hot trends in the global automobile industry from March to April 2020

Hot trends in China's automobile industry from March to April 2020

Analysis of China's automobile industry output from March 2019 to April 2020

Affected by the new coronavirus epidemic, China's automobile industry output in March 2020 There were only 1.422 million units, a year-on-year decrease of 44.41% from March last year. However, the output in April reached 2.102 million units, a month-on-month increase of 46.6%, and a year-on-year increase of 2.3%. iiMedia Consulting analysts believe that automobile production showed a step-by-step growth from March to April, maintaining a high growth rate month-on-month, while the year-on-year decline has also ended, and the automobile industry's output has gradually returned to normal levels.

Analysis of sales volume of China's automobile industry from March 2019 to April 2020

China's automobile industry sales in March 2020 were 1.43 million vehicles, a year-on-year decrease of 43.25%, a month-on-month increase of 361.3%, and April sales reached 2.070 million vehicles, a year-on-year increase of 4.4% . iiMedia Consulting analysts believe that with the effective control of the epidemic, the situation of automobile companies resuming work and production has improved significantly. With the help of national policies and local governments’ automobile consumption promotion policies, the automobile market will accelerate its recovery.

Data analysis of complaints hot spots in China's automobile industry in April 2020

Data shows that Chinese cars still account for the highest proportion of complaints among all car series, reaching 60%, and SAIC Volkswagen became the most complained about in April 2020 with nearly 200 complaints. The car manufacturer with the most complaints. iiMedia Consulting analysts believe that the number of consumer complaints about vehicle oil, gearbox, steering and other issues is gradually increasing, reflecting the increasing awareness of consumer rights and legal awareness, which will promote the long-term development of China's automobile industry.

Analysis of passenger car market production in China's automobile industry from March to April 2020

Data show that the production of narrowly defined passenger cars in April 2020 was 1.522 million units, a month-on-month increase of 56.0%, although the production was still slightly lower than the same period in April 2019. There has been a decline, but it has basically returned to the level of the same period last year. iiMedia Consulting analysts believe that the auto market needs to recover quickly after the epidemic, and the output of the passenger car market has shown a good trend of V-shaped recovery from the bottom, reflecting the good effect of comprehensive policy guidance such as the resumption of production and work after the epidemic.

Analysis of new energy vehicle sales in China's automobile industry from April 2019 to April 2020

data shows that China's new energy vehicle sales in March and April 2020 were 53,000 and 72,000 respectively. Compared with February, sales increased Significant improvement. iiMedia Research analysts believe that although the month-on-month growth of China's new energy vehicle market has improved, sales in March and April 2020 still fell by 44.7% and 26.5% respectively compared with the same period last year, indicating that China's new energy vehicle market has not yet fully recovered. .

Analysis of new energy vehicle brand sales in China's automobile industry in April 2020

Data show that in April 2020, BYD All-New Qin won the first place in the new energy vehicle brand sales rankings with sales of 5,096 units, ending Tesla Tesla Model 3 ranked second with sales of 3,635 units. iiMedia Consulting analysts believe that Tesla’s sales performance in April was poor, with a month-on-month decrease of 64.2% compared with 10,160 units in March. The main reason is that the epidemic affected Tesla’s normal deliveries in January and February and the epidemic eased. The latter centralized delivery led to an increase in sales in March, but Tesla’s low degree of nationalization and insufficient parts supply led to a decrease in delivery capacity in April. The combination of the two resulted in a larger month-on-month decline; on the other hand, Tesla’s desire to meet Under the new energy subsidy policy, when the unit price of vehicles is lower than the standard of 300,000 yuan, the behavior of first increasing prices and then lowering prices has aroused resistance from some consumers.Tesla will continue to reduce or increase prices in the future, which is still full of uncertainty.

Chinese automotive industry company information from March to April 2020 - Tesla

On April 30, 2020, Tesla announced its first quarter financial report for fiscal year 2020, in which operating income was US$5.985 billion, a month-on-month decrease of 18.95%, net Profit was US$16 million, a decrease of 84.5% month-on-month. iiMedia Consulting analysts believe that as the epidemic swept the world, Tesla's delivery volume and net profit dropped significantly. However, compared with the loss of US$702 million in the first quarter of 2019, Tesla has sharply reversed its losses and has continued to do so for the first time. Profitability in three quarters reflects its good development momentum.

Tesla stock price trend analysis from March to April 2020

After Tesla’s stock price reached a high of $917.4 on February 19, 2020, it fell all the way in March due to the multiple circuit breakers of the three major U.S. stock indexes. It closed on March 18 It fell to a low of $361.2. After the US stock market gradually stabilized, it then fluctuated upward and closed at $781.8 on April 30. iiMedia Consulting analysts believe that Tesla bucked the trend and completed its best Q1 financial report in history. With the production of domestically produced M3 and Y models, cost reduction and efficiency increase, price reduction and allocation increase, the combined effect of multiple factors will boost the A-share market. Related sector trends.

Summary of corporate dynamics in China's automobile industry from March to April 2020 - investment and financing

Summary of corporate dynamics in China's automobile industry from March to April 2020 - to aid the epidemic

Summary of development of China's automobile industry from March to April 2020 (2)

From the industry Judging from the current situation, although the domestic epidemic prevention situation continues to improve, the spread of the epidemic overseas has not been effectively curbed. There is still great uncertainty about the epidemic. The consumption foundation for the V-shaped reversal of the auto market is still not solid, and The recovery of the domestic macro-economy still needs a process, and export-dependent car companies are still facing difficulties at this stage. iiMedia Consulting analysts believe that the recovery speed of the tertiary industry under the epidemic will take time to gradually increase, and the transmission from the relief of the survival pressure of car companies to the recovery of consumer income is still relatively slow. With the substantial increase in credit, the impact of expected price increases in the property market on consumption still requires attention. Beware of the negative impact of the vicious cycle of saving money - buying a house - tightening consumption on the auto market, and prevent industry-related risks.

Analysis of the development trends of China's automobile industry in April 2020 (1)

Analysis of the development trends of China's automobile industry in April 2020 (2)

With its huge market size, China has a potential consumer group of close to one billion, and consumers are very interested in new technologies. A positive attitude towards business models, a complete and efficient supply chain and a newly formed Internet ecosystem are becoming the main battlefield for the future global automotive industry revolution. iiMedia Consulting analysts believe that in the post-epidemic era, electrification, networking, intelligence, and sharing will be the overall direction and trend of the future development of my country's automobile industry.

The data and pictures in this article are excerpted from the "Monthly Report on China's Automotive Industry Operation Status and Corporate Business Conditions from March to April 2020" released by iiMedia Research Institute. To download the full high-definition PDF version of the report, please click "Learn More" below.

Research organization: iiMedia Research is a world-renowned third-party data mining and analysis organization for the new economic industry. iiMedia publishes or customizes more than 2,000 new economic frontier reports every year, covering new technologies, new retail, education, biology, medical care, travel, real estate, marketing, entertainment, media, finance, manufacturing, blockchain, environmental protection and public emerging areas such as governance. iiMedia Research’s data reports and analyst opinions are cited by more than 100 global mainstream media, 1,500 self-media, and industry KOLs every day on average. The language types covered include Chinese, English, Japanese, French, Italian, German, Russian, There are about twenty mainstream official versions. iiMedia has successfully provided year-round big data consulting services to more than 3,000 government and corporate institutions. iiMedia is also the unit undertaking major projects such as the outstanding key research projects of the nine major representatives of the China Association for Science and Technology, the Guangzhou Advanced Manufacturing Innovation Development Project, and the research project on the construction of a national science and technology think tank in Guangzhou.For more industry data analysis reports, please visit iimedia Report Center (https://report.iimedia.cn?acPlatCode=tt)

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