Trade Risk Alert
Release time:
2021-02-28 10:58
Source:
According to data released by the European Association of Automobile Manufacturers (ACEA), in January 2021, the cumulative number of new car registrations for passenger cars and commercial vehicles in the EU (note: none of the following statistics include the UK) was 726000 and 141000, respectively, down 24.0 per cent and 7.2 per cent, respectively, year-on-year.
In January, the EU passenger car market experienced an accelerated decline as restrictions related to the new coronary pneumonia epidemic continued to be implemented, severely affecting sales across the EU. In addition, most markets have one less working day in January 2020, and this calendar effect has clearly affected market sales in January. As a result, the number of new passenger car registrations in the EU dropped sharply from 956447 in January 2020 to 726491 this year, a drop of 24.0 percent, the lowest January record so far.
Almost all EU markets saw double-digit declines in January, including three of the four major markets: Spain fell the most, with a year-on-year decline of 51.5 per cent; followed by Germany and Italy, with year-on-year declines of 31.1 per cent and 14.0 per cent, respectively. In fact, only Sweden and France in the EU market did not show double-digit declines, with Sweden up 22.5 percent year-on-year and France down 5.8 percent year-on-year.
In January, new car registrations for commercial vehicles in the EU fell 7.2 percent year-on-year to 141000. Demand is declining in all segments, with slower demand for trucks, which account for 85 per cent of commercial vehicle registrations, having the greatest impact. Of the four major EU markets, with the exception of France, which grew 5.7 per cent year-on-year, Spain, Germany and Italy all fell, down 29.3 per cent, 17.1 per cent and 6.7 per cent respectively.
Light commercial vehicle (LCV, less than 3.5t)
In January, the number of new light commercial vehicles registered was 116000, down 7.1 percent year-on-year. Of the four major EU markets, France was the only major truck market to see growth, up 7.4 per cent year-on-year. In contrast, Spain, Germany and Italy saw year-on-year declines of 31.2 per cent, 18.5 per cent and 9.2 per cent, respectively.
Heavy truck (HCV,16t and above)
In January, a total of 19200 heavy trucks were sold in the EU market, down 3.3 percent year-on-year. Central European markets were strong, growing 8.7 percent year-on-year. Among the largest Western European markets, Italy was the only one to make a positive contribution, up 8.7 percent year-on-year. Spain, France and Germany all saw declines, down 8.6 per cent, 7.8 per cent and 5.3 per cent respectively.
Medium and heavy truck (MHCV, above 3.5t and below 16t)
In January, the number of new heavy truck registrations in the EU was 22800, down 5.8 per cent year-on-year. Of the four major EU markets, Italy grew by 8.5 per cent year-on-year, while Spain, Germany and France all performed worse than the same period last year, down 12.8 per cent, 11.5 per cent and 4.9 per cent respectively.
Large and medium-sized buses (MHBC, above 3.5t)
New car registrations for large and medium-sized buses in the EU fell 24.1 percent year-on-year in January. In three of the four major EU markets, demand fell at double-digit rates: Spain, Germany and France fell 60.0 per cent, 27.3 per cent and 13.1 per cent respectively year-on-year, while Italy's demand for large and medium-sized buses fell less sharply, down 4.0 per cent year-on-year. (Source: China Auto News Network)
Interactive Message
If you are interested in our products, please leave your email and we will contact you as soon as possible. Thank you very much.
Other dynamics
The company was founded in 1997, currently 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting. The company's process equipment strength, Japan's new east automatic casting line 6, commercial vehicle brake disc automatic casting line 2. There are 56 processing lines -6 full-automatic one-word processing lines and 30 robot processing lines. Packaging cleaning line 5, spraying line 3.
Since the beginning of this year, the price of raw materials has risen sharply, sea freight has soared, and the difficulty of finding a box of shipping space has seriously plagued manufacturing companies. The current power curtailment has made companies even worse. Take our company as an example. Since the power limit in early September, the company's production capacity has dropped by about 50% on average every day. Exports have decreased by 0.02 billion yuan. The performance rate of orders in hand is about 50%. New orders were reduced by 10%. These data are the impact of the current power rationing on enterprises. If the power rationing situation is not alleviated, the impact on enterprises in the fourth quarter will be more serious.
Recently, Yunnan, Jiangsu, Qinghai, Ningxia, Guangxi, Guangdong, Sichuan, Henan, Chongqing, Inner Mongolia, Henan and other places have begun to carry out energy control measures to limit energy consumption.
The total power generation in 021 is not low. In the first half of the year, China's total power generation was 3871.7 billion kWh, twice that of the United States. At the same time, China's foreign trade has grown extremely fast this year. According to data recently released by the General Administration of Customs, in August, the total value of my country's foreign trade imports and exports was 3.43 trillion billion yuan, a year-on-year increase of 18.9 percent, achieving positive year-on-year growth for 15 consecutive months, further showing a steady and solid trend. In the first eight months, the total value of China's foreign trade imports and exports was 24.78 trillion billion yuan, up 23.7 percent year-on-year and 22.8 percent over the same period in 2019.
The impact of the neo-coronary pneumonia epidemic on global supply chains continues, with high international freight rates, container shortages and terminal congestion still unabated, and labor shortages exacerbating the dilemma. The outbreak of the new coronary pneumonia epidemic in 2020, due to the obstruction of international freight, soaring transportation costs, international trade in goods greatly hindered, triggering a supply chain crisis in many countries (regions), since 2021, the new coronary pneumonia virus variant strain raging, so that the supply chain has not yet fully recovered.
Statistics from the China Association of Automobile Manufacturers show that in the first seven months of 2021, China's cumulative automobile exports reached 1.002 million, an increase of 1.2 times year-on-year, but the month-on-month growth was only 9.8 percent, showing a shrinking trend. Moreover, commercial vehicle exports fell 11.6 percent month-on-month, of which new energy commercial vehicle exports fell 57.8 percent month-on-month. It is said that the main reason for the decline in automobile exports is the poor shipping channels.
Product recommend
At present, 4000 a variety of models of automobile brake discs, brake drums with an annual output of 10 million pieces. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
At present, 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
Address: Zhuqiao Town, Laizhou City, Shandong Province
Mobile phone official website