A Brief Analysis of the Passenger Vehicle Market in the First Half of 2016

Introduction: In the past two years, the world economic situation has been complicated. Under the environment of low economic growth, consumers in developed countries are more cautious about expanding consumer spending, and the growth of durable goods consumption is limited. Emerging economies have undergone major fluctuations and their income growth has clearly increased. Slowly, consumer market demand has fallen, and international trade in consumer goods lacks strong growth momentum.

A Brief Analysis of the Passenger Vehicle Market in the First Half of 2016

In recent years, the cost of China’s labor force, land, and other factors has continued to rise. This has seriously weakened the competitiveness of exporting companies. Automobile exports are facing an extremely passive situation. Vehicle imports face the influence of a new policy of parallel imports, leading to chaotic import orders. As the advanced economies are better, especially the US economy is good, China's auto parts and components exports performed very well. As the competitiveness of China’s exports declines, the economic rise in Southeast Asia and India has driven our structural exports of vehicle exports to strength. Overall, the current sea route along the Belt and Road is strong, and the land Silk Road is still in the doldrums. As the country stimulates economic and export policies, the situation of serious negative growth in exports will ease.

According to the China Association of Automobile Manufacturers, from January to June 2016, China's total vehicle exports totaled 346,700 vehicles, a year-on-year decrease of 13.11%; the export value was US$5,088 million, a year-on-year decrease of 21.62%. Among the major export categories of cars, the number of cars exported was 316,100, a year-on-year decrease of 14.12%; the number of trucks exported was 88,700, a year-on-year decrease of 25.44%; and the number of passenger car exports was 51,800, a year-on-year decrease of 25.14%. The three major categories of automobile varieties have accumulated 276,600 vehicles, accounting for 79.78% of the total automobile exports. From January to June, the accumulative export value of auto parts was USD 29.340 billion, which was a decrease of 4.57% year-on-year, and the decline was slightly larger than the same period of last year. From January to June, the cumulative export of motorcycles was 3,733,000 vehicles, which was a year-on-year decrease of 4.66%; the cumulative export volume was 2.064 billion US dollars, a year-on-year decrease of 8.97%.

In the first half of 2016, total light vehicle sales in the United States increased by 1.4% year-on-year to 8,642,284 units. The improvement of fuel economy and the increase in the sales intensity of car companies are good factors for U.S. light vehicles. In addition, from the economic environment of the United States, interest rates have fallen to historical lows, gasoline prices have remained low, consumer wages have risen, and employment has almost saturated. These factors will drive the US auto market to continue its strong sales in the second half of 2016.

In the first half of 2016, sales of the European passenger vehicle market rose by 9.1% year-on-year to 8,090,870 units, of which the top three markets, Germany, France and Italy, all exceeded one million units, and both achieved growth.

The passenger vehicle market in Germany achieved a continuous rise for five months. In the first half of 2016, sales reached 1,733,839 units, which was a year-on-year increase of 7.1%. In the first half of this year, passenger cars in France and Italy increased 8.3% and 19.2% year-on-year to 1,102,429 units and 1,041,854 units respectively.

The Japanese passenger car market achieved 1,423,341 units of sales in the first half of 2016. In the same period last year, it sold 1,404,193 passenger vehicles, a slight increase of 1.4% year-on-year.

Among the five BRICS countries, sales of passenger cars in China only increased in the first half of this year. In the first six months of this year, sales reached 10,652,935 units, which is the only country whose sales exceeded 10 million units, and sales rose compared with the same period of last year. 11.6%. In the first six months of this year, the passenger car market has achieved sales growth in different ranges. Among them, sales volume in June increased by 20.6% year-on-year, and the increase rate hit a record high this year.

In the first half of this year, Brazil’s sales of passenger vehicles achieved 810,681 vehicles, but compared with the same period last year, a 24.7% decline occurred. Russia also saw double-digit declines in light vehicle sales in the first half of this year, with sales down 14.1% year-on-year to 672,140 units. Many analysts believe that the Russian economy has fallen to a low point. Ukrainian disputes led to economic sanctions imposed on Russia by the West and low crude oil prices led to the economic crisis, resulting in the country’s economic paralysis and the development of the automotive industry. In addition, sales in India and South Africa fell by 1.9% and 9.9% respectively year-over-year to 1,376,705 vehicles and 272,461 vehicles.

In other emerging markets, the Mexican market performed well. New car sales in the first half of 2016 amounted to 721,856 units, a year-on-year increase of 18.4%.

Report details page: http://service.made-in-china.com/market-analysis/industry-analysis-report/706674.html

More reports: http://service.made-in-china.com/market-analysis/industry-analysis-report-1.html

Crimped Wire Mesh

Material : High carbon steel wire, mild steel wire, stainless steel wire, copper wire.

Weaving type : plain crimped, InterCrimped, locked crimped, one-way separated wave bending, two-way bending crimped, flat top, Rectangular Slot, etc.

Width : 1m, 1.2m, 1.3m, 1.5m, 1.6m, 2m, etc.

Application : with the stable mesh size, good strength, crimped wire mesh can be used as fence or filters in industries, such as coal, mine, metallurgy, chemical, pharmacy; With the beautiful surface & various types, it is widely used in decoration industry, such as building's facade and staircases, airport stations etc. Also, with its uniform mesh size & high screening precision, crimped wire mesh also widely used in making barbecue mesh and test sieve, etc.

news6news7

FAQ:

Q1: What problems can I solve for you?
If you have problems in filtering, I can give you suggestions, recommend products and customized solutions.
According to the feedback from my customers, the average life of my product is 10% - 15% longer than that of others.
All specifications are available in stock.
Material are purchased from one of the most famous material company in China.
Equipments are imported from Japan and Germany.
Products have accurate mesh and wire diameter, good roundness to meet all your filtering needs.
Q2: What services can I offer for you?
Every product has passed strict parameter test and element content test, quality inspection report and material list can be provided.
Sufficient inventory, continuous and stable supply, perfect process to avoid mistakes, you can go to bed after you place an order.
Exquisite packaging to protect goods from the damage during transportation.
You can also customize the label or logo.
The status of production and transportation can be provided at any time.
Q3: What are the differences in my factory?
Family business inherits the wisdom of three generations.
Export and supply to export companies for 20 years.


Double Crimped Wire Mesh,Stainless Steel Crimped Wire Mesh,Crimped Woven Wire Mesh,Lock Crimp Wire Mesh

Balanat Import&Export Co.,Ltd. , https://www.balanatwiremesh.com