China's car prices collectively fell in the first half of Brazil's sales of Chery fell 70%

China's car prices collectively fell in Brazil during the first half of the year Chery collapsed 70% According to data released by the Brazilian Automobile Industry Association recently, in the first half of this year, the sales volume of Chinese auto makers in Brazil declined in a collective manner, the market share decreased, Chery and Hafei became typical representatives of plunge, and JAC also declined in most of the months. The overall automobile market in Brazil also saw a double-digit decline in June.

Overall sales

The Brazilian National Automobile Dealers Association (Fenabrave) announced that its light vehicle sales volume in June 2013 was 302,896 units, which was 11.1% lower than the 340,706 units sold in June 2012 and also lower than the same period last year. The expected 316,009 vehicles.

In the first six months of this year, the auto market in Brazil increased by 16% in January compared to the same period in the previous month. In February and March, the decline was around 6%. Among them, the Brazil Carnival Carnival in February resulted in a weekday reduction of nearly one week compared with January. In addition, the government had previously introduced preferential policies for the promotion of the automobile market, and it is now gradually canceling the preferential treatment. These factors have caused Brazil's auto sales to plummet in February. In April, the Brazilian auto market began to rebound, and the rate of increase reached double-digit proportions. In May, the year-on-year increase was 9.6%.

Comprehensive sales for six months, the cumulative sales of light vehicles in Brazil for the first half of this year were 1,707,814 units, compared to 1,632,343 units in the same period of last year, an increase of 4.6% year-on-year.

The above are sales of passenger cars and light commercial vehicles. According to the Fenabrave data, if a heavy-duty truck was included, Brazil’s auto sales in June were 318,606 units, which was a year-on-year decrease of 9.8% compared to 353,169 units in June 2012. In the first half of the year, the total number of Brazilian cars from 1,716,709 vehicles increased by 4.8% year-on-year to 1,798,976 vehicles.

Chinese car companies collectively decline

Since the beginning of last year, Chinese car manufacturers have suffered a decline in sales volume in the Brazilian market, and their market share has generally declined, and so far they have not been able to reverse.

JAC Motor sold 1,225 vehicles in Brazil in June, including passenger cars and light commercial vehicles, with a market share of 0.40%, ranking 15th among automakers. In contrast, Jianghuai Brazil sold 1,733 vehicles in June 2012, which accounted for 0.51% of the market, ranking 14th among car companies. In June of this year, Jianghuai’s sales in Brazil fell by 29.3% year-on-year.

In the first half of this year, Jianghuai Brazil sold 8,936 vehicles, which accounted for 0.52% of the market share and ranked 14th among car companies. In the same period of 2012, Jianghuai Brazil sold 10,265 vehicles, which accounted for a market share of 0.63%. China ranked 14th. In the first half of the year, JAC's sales in Brazil fell 12.9% year-on-year. However, JAC’s share of Brazil’s market has risen slightly in individual months this year, and the decline has been relatively weak among Chinese automakers.

Chery is one of the most obvious Chinese automakers that have fallen in Brazil this year. In June, the local sales volume was only 609 vehicles, which accounted for 0.20% of the market share. It ranked 18th among automakers, but was better than 20th in May. In June 2012, Chery sold 1,147 vehicles in Brazil, which accounted for 0.34% of the market, ranking 15th among car companies. Chery's sales in Brazil in June this year dropped 46.9% year-on-year.

In the first half of the year, Chery sold 2,504 vehicles in Brazil, which accounted for 0.15% of the market, and ranked 20th among car companies. In the same period of last year, Chery sold 9,108 vehicles in Brazil, which accounted for 0.56% of the market, ranking 15th among car companies. Chery's sales in Brazil in the first half of this year fell sharply by 72.5% year-on-year. Since May, the decline in Chery Brazil has eased and further improved in June.

In June 2013, Hafei Motors sold 237 vehicles in Brazil. The vehicle sales companies in Brazil were all light commercial vehicles, which accounted for 0.34% of the light commercial vehicle market. They ranked 20th among car companies. In June 2012, Hafei Brazil’s sales volume was 773 units, which accounted for 1.17% of the light commercial vehicle market share. It ranked 13th among car companies and occupied a light vehicle market share of 0.23%, ranking 17th among car manufacturers. Hafei's sales in Brazil in June this year plunged 69.3% year-on-year.

In the first half of this year, Hafei Brazil’s cumulative sales volume was 1,637 units, which accounted for only 0.42% of the light commercial vehicle market, ranking 18th among car companies. In the same period of 2012, Hafei sold 5,863 units in Brazil, which accounted for 1.64% of the light commercial vehicle market share. , ranking 13th among car companies, occupying 0.36% of light vehicle market share, ranking 16th among car companies. Hafei's sales volume in Brazil in the first half of this year has dropped by 72.0% year-on-year.

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