Japanese car sales in China will be the first to break the 4 million winner subsidies
This year, Japanese car sales in China is expected for the first time exceeded 400 million units, a record high.
According to "Japanese Economic News" reported that the Japanese car manufacturer's new vehicle sales in China in 2016 for the first time exceeded 400 million mark, the data has been approaching the Japanese domestic market in 2016 is expected to 4.84 million. Insiders to the news of emotion, said the outbreak of Japanese car sales in China, with a small car subsidy policy pursued by the Chinese government have a close relationship.
Data show that Japan's major enterprises carts 6 this year from January to August's total sales reached 2.65 million, an increase of 10%, and the remaining four months of sales, even if only flat year on year, than this year's sales also hit a record of last year (3.9 million) was up more than 200,000, a record high.
According to the China Association of Automobile Manufacturers showed this year from January to July total sales of passenger statistics, Japanese car sales rose 13 percent, the highest increase. US Department of cars, German cars were increased by 11%, while foreign brand vehicles only Japanese car market share to achieve an increase.
"Japanese cars became the biggest winner in the national subsidy policy of small cars." An industry source told reporters, "Japanese car firms small car sales growth thanks to the effect of tax cuts, but with the release of the policy dividend is completed, this a growth may slow down, or even the case of the sharp reduction in sales. "
Last September, the State Department said in support of new energy and development of small cars, the purchase of 1.6 liters and below passenger car vehicle purchase tax halved to implement preferential policies. The policy execution time is October 1, 2015 to December 31, 2016.
In Japan, major car brands, Honda or the biggest beneficiaries. Honda's main models, many of which are outside the scope of tax cuts. January to August this year, Honda's cumulative sales of 75 million units, representing a substantial increase of 23% of all Japanese cars in the largest increase.
Another Toyota, for example, from January to August total sales in China rose 12% to 780,000. Wherein's Corolla compact car brand has made important contributions. According to China Association of Automobile Manufacturers, the Corolla ranked from January to July the domestic passenger car market, the fifth brand sales, total sales of 180,900, ranked first in the Japanese brands. There is likewise Nissan, Dongfeng Nissan's Sylphy brand ranked No. 7, sales of 172,500. This year Japan prenatal August sales data also increased by 6% to 800,000.
According to data by the Federation, this year there are 10 joint venture brand car sales growth rate of over 10%. Among them, the Japanese joint venture brand performance ferocious, Toyota, Honda, Nissan joint venture in China, all of the growth rate above 10%, particularly after four consecutive years of unfinished adult sales target of FAW Toyota, following 2015 exceeded annual sales target in 2016 the first half is still half a year exceeded sales goals.
Specifically, Toyota's joint venture in China, FAW Toyota and Guangqi Toyota sales were 323,200 and 219,452, an increase of 18% and 11%; Honda's Chinese joint venture Dongfeng Honda and Guangzhou Honda sales were 248,405 and 273,985, an increase of 47.8% and 12%; Nissan sold 478,444, up 11.4%; Changan Mazda sales reached 87,162, an increase of 21.4%.
Analysis, Guangzhou Honda, Dongfeng Honda, FAW Toyota, Guangzhou Toyota and Nissan all have a more complete product line, covering most of the domestic main market segment, which is to ensure a high sales growth is an important reason.
According to China Association of Automobile Manufacturers predicts China market as a whole in 2016 than 2015 new car sales rose 5.9 percent to 26.04 million.
