The car market in November is like the early winter in Fuzhou recently, the sun is shining and the heating is a bit pressing. After renewing the law of "silver nine gold ten", the sales of the auto market in November were postponed to the "enthusiasm" of October. The overall performance of the automobile market continued to improve, exceeding expectations, and the production and sales of automobiles hit a record high
Production and sales hit a new high in November.
In November, the auto market increased both production and "month", and the year-on-year growth showed varying degrees. Among them, the year-on-year growth rate was nearly 30%.
According to the data just released by the China Association of Automobile Manufacturers, in November, automobile production and sales were 30930,000 units and 2.97 million units, up 7% and 4% m/m, respectively1%, an increase of 29 year-on-year4% and 274%。In November, the performance of the automobile market continued to improve, exceeding expectations, with vehicle production reaching a record high and sales of nearly 3 million units.
The cumulative production and sales from January to November also had a double-digit growth rate, outperforming the growth rate from January to October. According to data from the China Association of Automobile Manufacturers, from January to November, automobile production and sales were 271110,000 and 2,69380,000 units, up 10% and 10% y/y, respectively8%, the growth rate increased by 2 and 1 respectively from January to October7 percentage points.
China Automobile Association).
Three-drive" to help warm up in winter.
Focusing on the passenger car retail market, it also showed small surprises.
Statistics show that the retail sales of passenger cars in November this year reached 20800,000 units, a year-on-year increase of 260%, up 24%。This year's cumulative retail sales are 193450,000 units, a year-on-year increase of 53%。
In November this year, the retail sales of the auto market showed a slight strengthening month-on-month, forming a continuous strengthening trend of winter heating. The "three drives" have contributed to the formation of this trend. On the one hand, it is driven by the growth of new energy vehicles, and on the other hand, it is the clearance of small batches of fuel vehicles China VIA models.
It is worth noting that compared with the end of previous years, the intensity of the stabilization and contraction, this year to break the tradition, the car market continues to increase, the year-end "war" of car companies came quickly and enthusiastically, targeted increase in purchase and local subsidies, stimulating consumer demand, which also boosted the heating up of the car market in November.
In addition, the Guangzhou International Auto Show held in November also made the car market more popular and heated. To a certain extent, it is also conducive to the release of the consumption accumulated in October.
Diagram of the Passenger Federation).
Take stock of the performance of some car companies.
Sales volume of some automakers in November 2023 and January-November 2023 (unit: units).
Today's vehicle mapping data**: official release of the manufacturer and the passenger association).
BYD. From the "5 millionth" to the "6 millionth", BYD only took more than 3 months to set a new record with a rapid momentum. There are only 316626 cars left, and "Di Wang" has completed the annual small goal. Judging from the continuous sales policy at the end of the year and the release of new cars such as the Leopard 5, there is not much of a problem.
Chery Automobile. The sales volume exceeded 200,000+ for the second consecutive time this year, setting a new record for monthly sales. Since the beginning of this year, Chery's sales have risen for 11 consecutive years. The year-on-year growth rate is even more eye-catching. In November, it increased by 111%, and the cumulative sales volume this year increased by nearly 50% year-on-year. Among them, the star and the shortcut are particularly fast!The Xingtu brand increased by 173 year-on-year in November3%；The Jietu brand increased by 139 year-on-year7%。
Geely Automobile. Geely's "new product output" effect was effectively responded to in November, and the steady double-digit growth rate of sales year-on-year also stood out among other car companies. In November, 65,034 new energy vehicles were sold, a record high for four consecutive months.
Its ZEEKR Automobile also continued its popularity in October, with a year-on-year increase of nearly 20%.
SAIC. SAIC Motor counterattacked in November. Under the strong pull of the "new troika" of independent brands, new energy and overseas business, it was difficult to hide the downward trend year-on-year in October, and there was a big reversal in November, with a year-on-year growth rate of nearly 5%.
On the other hand, the joint venture brand represented by SAIC-GM has become a small stumbling block on the road. It fell 15 percent year-on-year53%。
Honda China. In November, the year-on-year growth was very significant, exceeding 136%. As far as the Guangzhou Auto Show in November is concerned, it is still willing to lay out the transformation of electrification. The E:NP2 and E:NS2 sister models of the "Pure Electric Hunting Suit" were unveiled. As the second model in the Honda e:n series, it is late but arrives!
GAC Toyota. Fenglanda, Camry, and Sena joined forces, and GAC Toyota held the growth momentum in October in November. The year-on-year decline trend this year is also compared with -1154% improved.
GAC Aion. The year-on-year growth is still high, with an increase of nearly 45% in November and a cumulative increase of nearly 80% this year. In terms of month-on-month sales, it has also stabilized to some extent, curbing the decline of more than 19 in October, and achieving positive growth in November. Again, if we can break through the capacity constraints and successfully complete the product switch, there is still room for growth.
Ideal car. It still broke 40,000 and did not reach the small goal of 50,000. However, it can be regarded as the most arrogant and relaxed car company in the current car company!After all, the annual sales target of 300,000 has been reached ahead of schedule.
Great Wall Motors. Great Wall Motors, which adheres to long-termism and ecological going to sea, continues to promote the strategy of intelligent new energy. In November, Great Wall New Energy Vehicles still maintained a strong growth rate of more than 140%, with cumulative sales of 23 in the first 11 months20,000 units, a year-on-year increase of 9194%。At present, a more complete new energy system has laid a solid foundation for its transformation and development period. Timely combing and adjustment, after the completion of the transformation in the future, it may be expected to achieve a greater leap.
NIO. In terms of sales, after the peak of deliveries in July and August, the performance in November can only be considered stable. NIO, which is currently busy with the "battery swap" business, has made frequent moves recently.
Leapmotor. November is a super month for zero. It has continuously set new all-time highs in deliveries, achieving 130% year-on-year growth. On November 20, it completed the equity delivery with Stellantis Group, representing the real landing of the first cooperation in the new energy vehicle industry. Its first global model, the C10, made its domestic debut at the Guangzhou Auto Show, and will start domestic pre-sales in January next year, and plans to complete a series of actions such as arrival, listing and delivery in the first quarter
DENZA Automotive. Continue to lead the new luxury MPV. DENZA grew year-on-year in November, with a strong year-on-year growth rate of more than 240%. Since March 2023, it has sold more than 10,000 units in a single month for 9 months, ranking second among new power brands in terms of monthly sales of 10,000 units, and ranking second in monthly sales this year.
Xpeng Motors. Continuing the explosive momentum in October, November increased by 245% year-on-year!The growth rate ranks first among new power car companies with monthly sales of 10,000 units. Since the beginning of this year, Xpeng Motors has maintained positive monthly delivery growth for 10 consecutive months, and as of the end of November, the cumulative delivery volume of Xpeng Motors in 2023 reached 121486 units, exceeding the cumulative delivery volume in 2022.
Nezha car. Although the last ** new car Nezha X will make some efforts, there will be a new breakthrough in November, but it is only a small breakthrough, and the sales volume is only a positive growth of more than 3% month-on-month. Among the 10,000 units of the delivery club, only Nezha's cumulative deliveries in the first 11 months of this year did not exceed the whole year of 2022.
VOYAH Automotive. In November, sales stood at the 7,000 mark, a new level, with a year-on-year increase of more than 360%. Demonstrated pickiness in the competitive MPV market. Since June this year, VOYAH's deliveries have achieved a good momentum of six consecutive jumps, and it seems that it is also riveting to sprint to the 10,000 club.
Cialis. The new M7 of the great hero "Internet celebrity" has delivered more than 270,000 has achieved the rapid growth of Cialis in recent months. This momentum will continue to maintain high popularity and market heat.
Tesla. In November, Tesla played around price adjustments as many as 5 times, and won sales and profit margins in the marketing rally. At present, the Shanghai Gigafactory has achieved more than 95% of the parts localization rate, the automation rate has reached more than 95%, and a car can be rolled off the assembly line in less than 40 seconds.
Polar Fox Motors. The heat continued in October, with sales in November up nearly 200% year-on-year and nearly 24% month-on-month. Among them, the sales volume of Alpha T increased by 41% month-on-month72%, and Alpha S sales increased by 71% month-on-month.
This year and next, JiHu will launch 7 new products with the concept of scenario-based car manufacturing, and gradually realize the complete transformation of product strategy from competitive product benchmarking to scenario-based application. The follow-up is worth paying attention to!
Changan Automobile. Stabilized in November!Positive year-on-year growth was achieved. This year, it has also maintained a positive double-digit growth.
BAIC New Energy.
The month-on-month reversal in November was 1575% negative growth trend, to achieve more than 36% positive growth. There is also more hope for the transformation of new energy.