Changan Automobile Production

Yesterday, China Automobile Association announced that in July China's auto production and sales completed 1,109,600 and 1,086,600 vehicles respectively, an increase of 52.15% and 63.57% year-on-year respectively. Since March of this year, automobile production and sales have reached 1 million units in five consecutive months, securing the world "Boss" chairs. Due to the large market demand and tight logistics, Changan Automobile also issued a notice to mobilize all employees to use weekends and holidays to deliver goods to distributors.

Chongqing

Too many orders fall in three shifts

“I did not rest on this high-temperature vacation and I was busy with the car.” Xiao Wang (a pseudonym) of Changan’s third factory employee told reporters excitedly that the company started putting out high-temperature fake maintenance equipment on August 1. He lives in Wanzhou, so Several mini-cars were sent to dealers in Wanzhou. “Because of the hot market, even our Chang’an Minsheng Logistics Company is busy.” Xiao Wang said that the company issued a notice last month calling on all employees to use it. Weekends and holidays help logistics companies deliver goods. The cost is calculated according to the mileage. “I’ve earned seven or eight hundred dollars these days.” Xiao Wang said.

This reporter learned that from January to June this year, Changan cumulative sales of more than 660,000 vehicles, an increase of 34.8%, July production and sales were 118,000 and 107,000, an increase of 60% and 55%. "In addition to tight logistics, our production capacity also has a bottleneck." Changan Automobile related sources, the company in June and July, in Chongqing, Hebei, Nanjing, the three bases of the expansion of operations, the cumulative total of more than 10 billion yuan, is In order to ease the market situation in short supply. “Our factory has three shifts and the production capacity has reached its peak, but it still owes many orders. For example, our newly listed Yuexiang company still owes several thousand cars. It is necessary to make an appointment one month in advance. "The above-mentioned person in charge said.

National

Production and sales ranked first in the world in May

Chang'an's prosperous production and sales are not a single phenomenon in the national automobile enterprises. According to data from the China Automobile Association, from January to July, the national automobile production and sales were 7,100.9 thousand and 7,184,400, respectively, an increase of 20.23% and 23.38% respectively over the same period of the previous year. In July, production and sales reached 1,109,600 units and 1,085.6 thousand units respectively. It was more than one million units in five consecutive months since March of this year, and China has become the world's largest market.

Two commercial vehicle companies in the city, Qingling Group and Hongyan Group also continued to maintain steady growth. In the first half of the year, Qingling Group’s total production and sales volume was 22,900 units and 23,600 units, an increase of 2.2% and 2.6% year-on-year; and Hongyan’s performance was marked by the launch of Jieshi series of products synchronized with European technology and the production capacity of new bases. Also very good. In addition, Luan Automobile, the rising star of the mini vehicle industry, produced and sold 39,600 vehicles and 39,300 vehicles in the first half of the year, an increase of 208% and 245% respectively.

China Automobile Association official said that from the perspective of the structure of automobile production and sales growth, the small-displacement varieties are obviously better than the large-displacement, which fully shows that China's auto industry to meet the requirements of economic development, the country's purchase tax for the following 1.6L models halved and The pulling effect of automobile-to-country policies on the auto market is also very obvious.

Under 1.0L models are expected to be free of purchase tax?

Compared with the boom in the domestic market, vehicle manufacturers’ exports have fallen sharply again in July. CAAM statistics show that in July, 22,400 automobiles were exported, which was a decrease of 26.76% from the previous month and a decrease of 61.19% from the same period of last year. From January to July, a total of 168,800 vehicles were exported, a drop of 60.30% from the same period of last year. In addition, the import and export data of the Customs also showed that the total export volume of auto products in the first half of the year totaled 15.605 billion US dollars, down 37.02% year-on-year.

The Chinese government announced plans for revitalization of cars at the beginning of the year and proposed that tax rates of 1.6L and lower be reduced from 10% to 5%. The deadline for the implementation of this policy is fast approaching. Recently, rumors have rumors that the purchase tax for mid-size cars with a displacement of 1.8L to 2.0L may be further reduced. The Ministry of Industry and Information Technology also stated that it will further reduce the purchase tax depending on the market conditions. The purchase tax of 1.0L and below models is expected to be further reduced or even cancelled. In this regard, the relevant officials of the China Automotive Industry Association told reporters that it has indeed recommended that relevant departments should appropriately extend the policy of halving the purchase tax for small-displacement passenger vehicles. However, whether or not it can be adopted is still unknown.



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