Chinese into the global automobile market dismal Noah’s Ark

"Thirty Years Hedong, Hexi three decades", the worldwide automotive development is a validation of the Chinese aged saying. March 30, the United States made a condensed assertion, GM said: "Wagner, Chairman and CEO to resign from bureau, effectual immediately." Is the day, Obama refused the President of the United States GM and Chrysler's restructuring arrange, made it clear that General Chrysler motor vehicles and ought not become a "national burden" under the contributing elements to survive. Wagner is not the only risk of such damn a motor vehicle head on the earlier day, that is, March 29, advertised the elevating of PSA Peugeot Citroen CEO Christian Streiff with the bond, find another enterprise guru in rank to tremble off the dilemma.

It is described that PSA Peugeot Citroen broadcast last month that in 2008 a snare decrease of 343 million euros, is anticipated to face even larger deficiency this year. Company Chairman of the Supervisory Board, said if Mrs Thierry, taking into account the French automotive commerce is now opposite "very difficult", the board of supervisors unanimously determined that there is need to change the older management. So, he took agency two years Streiff has just become a "victim."

Poor presentation or down turn in sales, which are two vehicle head-off the direct origin, which farther best features the international auto market in a critical situation. According to statistics, the first two months of this year, the United States vehicle sales dropped harshly, with only one month of sales of 668,000, of which GM's sales dropped by 49 per hundred, Ford dropped 40%, g leisler dropped as much as 55%. In the automotive buyer market worsening for two successive months, the auto conferring firm CSM Worldwide sales are anticipated to decrease the United States. CSM accepts as factual that the United States in 2009 vehicle sales will fall to 9.7 million, much smaller than anticipated in January of 10.7 million, which will furthermore set in 1982 its smallest grade since. Since 1999, the United States the mean annual vehicle sales of about 16.8 million, in 2008, this number dropped to 13.5 million.

The United States auto market fall influenced not only GM, Ford and Chrysler, but furthermore over the past couple of years in the United States overridden the market charges of Japanese cars. If no unforeseen events happen, will become in 2009 the Japanese auto market proceeded to down turn in sales of the fifth year. Japan Automobile Manufacturers Association issued the newest market report that demand outlook, the worsening financial natural environment, business profits, and falling paid work and earnings will be expanded to the Japanese automotive utilisation, the Japanese auto market in 2009 will stay in the doldrums, Japan is anticipated to encompass the micro-cars, motor trucks and traveller vehicles encompassing demand for new vehicles 4,860,000.

March 24, Japan's biggest automaker Toyota broadcast that dilemma with the compelled sale of the tension inventory, the business in February to decrease by half the world's output, to 434,200. In supplement, the business in Japan in February at the yield of only 208,000, a decline of 56.4% year-on-year. At the identical time, Honda, Nissan and Mazda and other businesses have furthermore broadcast a considerable decrease in sales of data, of which Honda has broadcast the international and household output and sales year-on-year down turn in more than 40%; Nissan international output dropped 51.3 per hundred, Japan output was down 68.8 percent; Mazda and Mitsubishi, respectively, of international output in February dropped 54.6% and 65%.

Affected by the decline in production and sales, the Japanese Automobile Manufacturers Association on March 24 said that Japan's domestic economy because there is no sign of bottoming out, companies were forced to drastically cut labor costs and control is very high. Expected 2009 sales to Japan fell 8.0 percent, to 4,297,600, it will be the lowest since 1977, Record.

European markets also plummeted. Germany's largest automobile company, president of the public Winterkorn said the company expected 2009 sales in Germany will decline by 10%. CEO Martin Winterkorn has said repeatedly to the outside world by the global financial crisis and the adverse effects of the economic downturn, the world automobile market in 2009 will be "extremely difficult." Thuringia, Germany ghass Automotive economic power Diz Dean even said that at the end of 2009, the German auto industry work force of 760,000 will have 5 million people unemployed; in the current automotive distributor in 9500, there will be 1500 House closed down or merged. To this end, the German Automobile Industry Association (VDA) asked their governments to emulate the United States, for the automotive manufacturers to provide similar relief loans. Are expected VDA, Germany's new car sales in 2009 will drop to 2,900,000. Association President David Waisman said that the German car market is in decline, or an unprecedented speed and impact. Association Schmidt, Managing Director of the Treasury, said: "the financial crisis spread to the automotive industry has just begun, it will gradually show negative effects. German car sales are expected to return to current levels, perhaps after 2023 are things. "

Streiff just not optimistic about the school's global auto market this year, "the European auto market will further decline is expected to decline 20%, emerging market country will also be a significant recession." He also said that the downturn in today's large environment, the first positive factors are the Chinese market, China in 2009 will become the center of economic growth, "Although we expect the growth rate of the Chinese market only in the single digits, but still positive growth, after all."

As Streiff said, even though the growth rate of the Chinese auto market is slowing down, but the relative decline in other markets worldwide situation, the Chinese growth market exciting enough. Especially in 2009, the Chinese automobile market began to change slide in the same period last year, showed a vibrant thriving weather. Statistics show that in February this year, domestic car sales to 827,600, an increase of up to 24.72%. Among them, the passenger cars sold more than 600,000, an increase of 24.23%.

Sensitive sense of reek to reek the foreign financial endeavour market chances in China, commenced to cease the in the household market, will turn alertness to the Chinese automotive market. "Specifically tailored for the Chinese client products" has become a admired automotive subdivision, embracing the new Regal, the new Carnival sedan, A4L Audi and BMW 5-Series long-wheelbase types, etc. are included. It becomes noticeable that how the Chinese market as a new motor vehicle can retain their head "rice bowls" of the key. But very distinctly, this is not the task can be wrapped up overnight.

It can be said that the global automotive industry is experiencing an unprecedented storm, while the Chinese market, this storm is the "Noah's Ark.