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In the second week of April, the car market suffered another cold winter: BYD dropped by more than 10%

Source: First Electric Network Time: 08:41, April 18, 2024 Author: Li Yanjiao Edited by: Wang Yu

If one of the reasons why China's car market suffered a cold winter in the first week of April was due to the Tomb Sweeping Day holiday, it would be a bit unusual for China's car market to suffer another cold winter in the second week of April.

Compared with the second week of March, the total sales volume of TOP20 automobile brand terminals in the second week of April fell 10.5% year on year, and the total sales volume of TOP20 automobile model terminals fell 11.4% year on year. Compared with the first week, in the second week of April, the decline of the total number of top 20 automobile brands and model terminals shrank by 1 percentage point.

In the TOP20 model list, terminal sales of 14 models declined year on year, and only 6 models achieved positive growth. Among them, there are 8 models with a drop of more than 10%. The hot model Tesla Model Y and Interworld M7 plummeted again. The former plummeted 51.1%, while the latter plummeted 69.9% and dropped out of the list. Only the ideal L7 stopped falling.

There are 4 models with an increase of more than 10%, among which the Interworld M9 jumped 81.6%, the Ideal L7 rose 34.2%, Honda CR-V rose 26%, and Lavida rose 11.9%.

In the TOP20 brand list, terminal sales of 14 brands also declined year-on-year, and only 6 brands achieved positive growth. Among them, there are 10 brands with a drop of more than 10%, among which the hot brands Tesla and Interworld continue to plummet. The former plummeted 51.1%, while the latter plummeted 43.4%. Compared with the first week, the decline of the two has shrunk. Tesla once again ranked 15th, while the ranking of Questionfield dropped 2 places to 17th.

The terminal sales of hot brand BYD dropped 10.7% year on year, and almost all of its hot models declined. Except for BYD's slightly increased 3.2% year on year, Qin PLUS, Song PLUS, Haiou, Yuan PLUS, destroyer 05 and Dolphin all declined.

According to the incomplete statistics of First Electric, since April, there have been more than 39 car companies and 126 car series lowering prices or introducing preferential measures. However, all these have not brought about growth in China's car sales. On the contrary, the terminal sales data in the second week of April once again conveyed a pressing chill.

   The hot model Tesla Model Y and Interworld M7 continued to plummet, and the ideal L7 rose by 34.2%

Following the sharp drop in the first week, the hot models Tesla Model Y and Interworld M7 continued to plummet in the second week of April. Among them, Tesla Model Y fell 51.1% sharply, but its decline shrank by 35 percentage points compared with the first week, ranking fourth again; Interworld M7 continued to plummet by 69.9%, 3.3 percentage points more than the first week's decline, falling out of the top 20.

Among the hot models, except Tesla Model Y and Interworld M7, BYD's Song Pro DM-i and Song PLUS DM-i also saw a year-on-year drop of more than 22%.

On the contrary, both the QJ M9 and the Ideal L7 achieved a significant year-on-year increase, of which QJ M9 had the largest year-on-year increase, rising 81.6%, ranking 20th for the first time on the list. Previously, Interworld officially announced that its M9 will exceed 70000 vehicles. As its production capacity gradually climbs, it is expected that the monthly sales of Interworld M9 is expected to exceed 10000 vehicles.

After a year-on-year slump of 37.3% in the first week, ideal L7 stopped falling in the second week of April, up 34.2% year on year, ranking from 16th in the first week to 11th in the second week.

   The hot brand BYD dropped by 10.7%, and Tesla and Interworld plummeted by more than 40%

Due to the decline of BYD's popular models such as Song Pro DM-i, Song PLUS DM-i, Qin PLUS DM-i, Haiou, Yuan PLUS, destroyer 05 and Dolphin, the total sales of BYD's terminals dropped by 10.7%.

Affected by the collapse of Model Y, Tesla's terminal sales fell 51.5% year on year, but again ranked fourth on the list. Although the YoY decline of Interworld M7 expanded to 69.9%, the sales volume of Interworld M9 terminal jumped 81.6%. Even so, the sales volume of Interworld terminal also declined significantly (- 43.4%).

Influenced by the 34.2% rise in the ideal L7, the total sales volume of the ideal terminal rose slightly by 0.8% year on year. This also shows that MEGA, L8 and L9 of the other three models of Ideal have all declined significantly, of which MEGA has dropped by 75%, L9 by 27.3% and L8 by 12.7%.

   Mercedes Benz, Honda, Chery and Buick achieved positive year-on-year growth for two consecutive weeks

On the contrary, Mercedes Benz, Honda, Chery and Buick all rose, and these four brands achieved positive year-on-year growth for two consecutive weeks. Among them, although Mercedes Benz C-class, Mercedes Benz GLC, Mercedes Benz A-class and other models dropped by more than 10% year on year, Mercedes Benz GLB, GLA and E-class achieved a significant increase year on year, especially Mercedes Benz GLB soared 78.9% year on year. Overall, the total sales volume of Mercedes Benz terminals rose slightly by 2.9% year on year.

It is worth noting that many of Honda's popular models have increased year on year, making Zeng Zeng, who achieved 7.6% of Honda's total terminal sales, ranking fourth again. For example, Honda CR-V rose 26% year on year, Accord rose 11.6%, and Yingshida rose 42.8%.

Thanks to the sharp rise of 96.2% in sales of Fengyun A8 terminal and 29% in sales of Ruihu 8 terminal, the total sales of Chery terminals increased by 6.5% year on year. Similarly, thanks to the 21% increase in Micro Blue 6 and 12.9% increase in Weilang, the total sales of Buick terminals increased 2.7% year on year.

As for why the terminal sales of models under Mercedes Benz, Honda, Chery and Buick have soared, First Electric Network will go to offline stores in the next two days to explore the reasons for the drastic changes in its sales.

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