Multinational auto giant earns "soft hand" in China last year

Recently, multinational automobile companies such as Toyota Motors, General Motors, Ford Motor, and Volkswagen have announced their performance in China in 2011. Except for the impact of individual earthquakes in Japan on the performance of individual Japanese car companies, other multinational car companies have performed in China last year. It is generally good that the growth rate is much higher than the average growth rate of the domestic auto market.

Among Japanese auto companies, Nissan Motor Company is the best performer. In 2011, Nissan’s joint venture in China, Dongfeng Motor Co., Ltd. achieved sales of 1,477,000 units, a year-on-year increase of 15.8%. Dongfeng Nissan Passenger Vehicle Co., Ltd., a subsidiary of Dongfeng Motor Co., Ltd., sold more than 800,000 vehicles last year, an increase of 22.3% year-on-year, making it a wonderful work in the depressed automobile market.

According to the Toyota Motor (China) Investment Co., Ltd. Express, Toyota Motor Corporation sold 883,000 vehicles in China in 2011, an increase of 4% year-on-year. Despite the impact of the Japanese earthquake and floods in Thailand, Toyota eventually achieved a performance higher than the average growth in China. The other two Japanese auto companies, Honda and Mazda, saw negative growth in sales not seen in China for many years.

General Motors and its joint venture in China have withstood the situation of a sharp drop in the growth of the Chinese automobile market. Last year, sales volume reached a record 2.55 million, an increase of 8.3% year-on-year. GM therefore maintained its No. 1 sales volume in the Chinese market for seven consecutive years.

With sales growth in China and the United States, GM sold more than 9 million vehicles in 2011, surpassing Volkswagen and Toyota Motor, and regaining the top spot in global auto sales. The Chinese factor has played a crucial role in its recovery. The Chinese market accounts for more than 28% of GM's global sales, surpassing the US domestic market for several consecutive years and becoming its largest single market.

Another US auto giant, Ford Motor Co., has steadily increased its sales in China in 2011 and has passed the 500,000 mark for the first time, an increase of 7% year-on-year.

Volkswagen (China) Investment Co., Ltd. announced that in 2011, Volkswagen’s sales of automobiles in China exceeded 2 million for the first time, reaching 2.26 million vehicles, an increase of 17.7% year-on-year, ranking the first among multinational auto companies, exceeding the global increase of Volkswagen 3.4. Percentage. China has become the world's largest single market for Volkswagen for three consecutive years.

Last year, Shanghai Volkswas sold 1.16 million vehicles, an increase of 24.4% year-on-year; FAW-Volkswagen sales exceeded the million mark for the first time last year, reaching 1.023 million vehicles, including more than 770,000 Volkswagen brands, an increase of 13%, Audi brand nearly 310,000 , an increase of 37.4% over the same period last year, continues to rank first in the premium car market in China.

Some analysts believe that sales of the US auto market will recover to 16 million by 2015, but then China's auto sales will exceed 20 million. The world’s top position in China’s car sales is likely to remain for a long time.