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Zero growth in the auto industry go mark

Total sales close to zero growth, the main business revenue grew slightly, gross profit of negative growth, which is currently the automotive industry showed an overall phenomenon.



Compared with the situation before the automotive industry when the market is booming, the condition of the automotive industry has been "shrunk."


Compared with the national overall level of industrial enterprises above designated size, the automotive industry total profit declined 1.58%, the overall industry decline of 0.7 per cent of total profit over the same period more than doubled. In addition to relying on subsidies currently very prosperous new energy vehicles, the future prospects for the overall development of the industry is not optimistic.


Total profits of industrial enterprises above designated size from a corporate nature of classified statistics, the first half of this year, the state-owned holding enterprises realized a total profit fell 21.2%, collective enterprises realized a total profit fell 0.1 percent, the joint-stock enterprises realized a total profit fell 1.7 percent, foreign and Hong Kong, Macao, and Taiwan-invested enterprises realized a total profit increased by 4.2 percent, the private sector realized a total profit increased by 6.3%. In addition to industrial enterprises above designated size statistics did not put foreign and Hong Kong, Macao, and Taiwan-invested enterprises distinguish caused unknown outside of their statistical results, the total profit increase or decrease in other types of enterprises similar trends in the automotive industry.


Look at the overall manufacturing sector, according to the National Bureau of Statistics, in the first half of this year, the manufacturing industry realized a total profit grew 6.1%. Among them, the relatively best petroleum processing, coking and nuclear fuel processing industry, its gross profit increase of up to 78.7%. National Bureau of Statistics, the first half of the automotive industry total profit fell 2.1 percent, one belonging to a total profit of negative growth in the industry, the automotive industry has now tired.


In manufacturing lateral comparison, in addition to the above mentioned petroleum processing, coking and nuclear fuel processing industry, non-ferrous metal smelting and rolling processing industry, electricity, heat production and supply industry, chemical materials and chemical products manufacturing, electrical machinery and equipment manufacturing and so much stronger than the automotive industry.


At the same time, let the car industry a little relieved that the oil and gas industry, coal mining and washing industry, ferrous metal smelting and rolling processing industry so significantly weaker than the automotive industry, in total profits fell sharply stage.


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