This report discusses China’s automotive industry, starting with a sector profile and continuing on to provide analysis of trends through H2 2013 and forecast the market outlook through 2020. The report also includes profiles of leading players in the sector including SAIC Motor Corp., Beiqi Foton Motor Co., Anhui Jianghuai Automobile Co., Great Wall Motor Co., and Changan Automobile Co.
In 2012, the number of automobiles sold in China topped 19.3mn units, a y/y increase of 4.2%. In the first nine months of 2013, sales grew by 12.8% y/y to 15.9mn units. Sales of passenger cars and light trucks were strong in the third quarter. The top 10 largest automakers sold over 14mn vehicles in the first nine months of 2013 and accounted for 88.5% of market share in China. The level of industry concentration has also increased compared to 87.3% in 2012.
Sales of Chinese-brand passenger vehicles grew by 13.2% y/y to 3.57mn units in the first half of 2013. Prices stayed slightly below RMB105,000-level over the first nine months of 2013. In the first six months of 2013, 5,885 new energy vehicles were produced and 5,889 were sold. Pure electric vehicles accounted for 87% of new energy vehicle sales, while the plug-in EV made up the remainder.
• The report includes financial information and a comparative matrix for six leading domestic players in the sector: SAIC Motor Corporation Limited (SAIC Motor), Beiqi Foton Motor Company Limited (Beiqi Foton), Anhui Jianghuai Automobile Company Limited (JAC), Great Wall Motor Company Limited (GWM), and Changan Automobile Company Limited.
• Sales of automobiles in the first nine months put China in line to top 20mn in vehicle sales in 2013.
• Intense competition and slower sales growth have driven Chinese automakers to seek new sources of growth abroad.
• More than 40 models of new energy vehicles have been launched by automakers in China between 2012 and July 2013.
Table of Contents
1. Industry Profile
1.1 Industry Overview
1.2 Market Size and Value
1.3 Imports and Exports
1.4 Industry Regulations
1.5 Urbanization and Disposable Income
2. Market Trends and Outlook
2.1 Local Automakers Expand Abroad
2.2 Foreign Automakers in China
2.3 Vehicle Prices
2.4 Alternative Fuel Vehicles
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 SAIC Motor Corp. Ltd.
3.1.2 Beiqi Foton Motor Co. Ltd.
3.1.3 Anhui Jianghuai Automobile Co. Ltd.
3.1.4 Great Wall Motor Co. Ltd.
3.1.5 Changan Automobile Co. Ltd.
3.2 Comparative Matrix
3.3 SWOT Analysis
4. Tables and Charts
Table 1: Top 10 Automakers in China by Sales Volume
Table 2: Top 10 Passenger Car Manufacturers in China by Sales Volume
Table 3: Top 10 Bestselling Sedan Models in China 9M2013
Table 4: SAIC Motor Financial Highlights
Table 5: Beiqi Foton Financial Highlights
Table 6: JAC Financial Highlights
Table 7: GWM Financial Highlights
Table 8: Changan Auto Financial Highlights
Table 9: Selected Peer Comparison of Key Financial Ratios
Chart 1: Automobile Sales in China
Chart 2: Automobile Production in China
Chart 3: Number of Motor Vehicles in China
Chart 4: Numbers of Automotive Companies and Workforce
Chart 5: Total Asset of Automotive Industry in China
Chart 6: Automotive Industry Revenue and Profit Margin
Chart 7: Sales of Passenger Vehicles
Chart 8: Sales of Commercial Vehicles
Chart 9: Trades of Automobile
Chart 10: Trades of Motor Vehicles and Chassis
Chart 11: Per Capita Annual Disposable Income in Urban Areas
Chart 12: Per Capita Annual Disposable Income in Rural Areas
Chart 13: Urbanization in China
Chart 14: Prices of Domestic Passenger Car
Chart 15: Production and Sales of New Energy Vehicles in China
Chart 16: Sales of Electric Vehicles by Type 1H2013
Chart 17: SAIC Motor Segment Revenue 2012
Chart 18: Beiqi Foton Segment Revenue 2012
Chart 19: JAC Segment Revenue 2012
Chart 20: GWM Revenue 2012
Chart 21: Changan Auto Segment Revenue 2012
Release Date: Thu, 31 Oct 2013