On May 10th, 2011, the China Association of Automobile Manufacturers released the April 2011 production and sales data: the domestic auto market continued its downturn, the first negative growth in automobile production and sales for 27 months since February 2009, and the automotive industry in China since the financial crisis. After the first negative growth after the resumption of growth, the overall situation is not optimistic.

In April 2011, automobile production and sales were completed 1.5353 million and 1.5520 million vehicles, respectively, compared with March, dropped 15.98% and 15.12%, respectively, compared with the same period in 2010, decreased by 1.85% and 0.25%; 2011 1- In April, the production and sales of automobiles reached 6,413,100 units and 6,533,900 units respectively, which was an increase of 5.09% and 5.95% year-on-year, respectively, which was a decrease of 58.71% and 54.56% respectively from the same period of 2010.

Among them, the decline in commercial vehicles was even more pronounced. In April 2011, the production and sales of commercial vehicles completed 377,700 and 407,700 vehicles, respectively, a decrease of 14.69% and 14.81% respectively from the previous month. Excluding the year-on-year increase in the number of non-integrated passenger vehicles, the remaining models showed declines of different magnitudes. Compared with the same period of 2010, the production and sales of commercial vehicles decreased by 10.10% and 7.84% respectively. Excluding the year-on-year growth in the production and sales of passenger cars, the rest of the models were lower than 2010. In the same period.

According to analysis by the China Association of Automobile Manufacturers, there are still five reasons that affect the growth of the auto industry: the withdrawal of preferential policies such as purchase tax and the impact of the state's macro-control, the continuous rise of fuel prices, and the impact of the implementation of some city-restricted purchase-and-purchase policies. Affected by the implementation of the fuel consumption admission policy and the impact of the earthquake in Japan, the impact of the Japanese earthquake was even more pronounced in April.

The China Automobile Association analyzed that in April 2011, automobile production and sales presented five major characteristics: First, the growth rate of production and sales gradually decreased; Second, negative growth for the first time; Third, the biggest decline is the crossover models and tractor-trailers, from the data point of view From January to April 2011, the production and sales of semitrailer tractors fell by 22.83% and 24.64%, respectively, which was the largest drop. Fourth, the export was obviously recovered. In March, the automobile exports again exceeded 60,000 to reach 65,000, a month-on-month increase. 58.67%, a year-on-year increase of 62.27%; Fifth, the increase in the economic efficiency of the industry enterprises fell.

It is noteworthy that the decline in efficiency, the auto industry has historically been higher than the sales growth rate of profit growth, but in January-March 2011, profit growth was significantly lower than the growth rate of sales, indicating that the efficiency is declining. According to the expectation of a change in the mode of economic growth, at the same time as the decline in speed and efficiency, it can be said that this has not been achieved.

Therefore, SAIC Motor Co., Ltd. has coordinated its forecast for the growth of automobile production and sales in 2011, and believes that growth will not reach 10%-15%, and may be lower than the growth rate of GDP.

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