In the past 20 19 years, affected by multiple factors such as industrial adjustment and energy transformation, the decline of the automobile market has become the norm. The weather-beaten automobile industry did not expect too much in the face of the next 2020 New Year plan. Steady development is the demand of most enterprises.
However, 2020 is not a good start. Who would have thought that the sudden COVID-19 epidemic swept the world with lightning speed, and all walks of life stopped production. Until today, almost no country or industry can be immune from the epidemic. Affected by it, the global automobile industry is mired in the downward mire and struggling.
There are naturally more memorable memorabilia in special years. Buying a Car Network (Buycar.cn) sorts out the situation in the automobile industry in the first half of the year and selects five major events that are widely concerned by the industry from three dimensions: industry, policy and enterprise.
International auto shows have been cancelled.
Affected by the epidemic, traditional offline marketing and exhibition activities were forced to move to online operations.
In March, the epidemic in European countries was still in its infancy, but after careful decision, the Geneva Motor Show, the "weather vane of global car-making trend", was forced to announce the cancellation, and even the 20021year was cancelled in advance. In previous years, the Geneva Motor Show, as one of the "five international auto shows", attracted more than? 60? Tens of thousands of participants and tens of thousands of journalists attended and cancelled for two years in succession, which will bear huge economic losses for both the conference and Geneva.
Moreover, after that, the 2020 Detroit Auto Show, new york Auto Show, Frankfurt Auto Show, Paris Auto Show and other major international auto shows were cancelled. In China, the Beijing Auto Show was postponed from April to September, but combined with the recent second round of Beijing epidemic, it undoubtedly put a question mark on whether the Beijing Auto Show can be held as scheduled.
In fact, due to the difficulties in the operation of car companies and the change of ideas in recent years, the international auto show has already appeared "hollowing out". Coupled with the impact of this year's epidemic, some analysts in the industry say that 2020 will become the year of auto show reshuffle, and the future auto show will not be completely cancelled or held in a new form, and there will be observation and discussion in the unemployed.
Oil prices plummeted? Gulf economy shrinks.
The automobile industry declined, and the price of its complementary oil failed to withstand the tremendous pressure brought by the downward trend of the industry, and it began to plummet from the beginning of the year. A senior official of the International Monetary Fund (IMF) predicts that the Gulf economy will shrink by 7.6% this year due to oil prices.
In addition, affected by the epidemic and the collapse of international oil prices, crude oil producers have also begun to cut capital expenditures, resulting in a large number of crude oil exploration activities being delayed or cancelled. Industry analysts predict that in the first half of this year, the global discovery of conventional resources was only 4.9 billion barrels of oil equivalent, setting a new record for the worst since the new century.
Affected by the drop in oil prices at home and abroad, the sales of new energy vehicles in China declined significantly, while the sales of traditional fuel vehicles rebounded significantly in the second quarter, which confirmed the previous industry expectations to some extent.
Tesla's market value exceeds Toyota's
On June 10, Tesla's share price broke through 1000, and its market value reached185.67 billion, surpassing the traditional automobile giant Toyota's18/4.1700 million, making it the highest car company in the world. As a newly-built automobile company that has just been listed for ten years, its market value has increased by 123 times in a short time, which is a miracle in the industry.
In fact, in the next few days, Tesla's share price continued to soar, and as of the date of publication, its market value has reached an astonishing 2542.5 1 100 million US dollars. According to a rough estimate, Tesla's volume is equivalent to 1.5 Toyota cars in terms of market value dimension alone.
Analysts said that the soaring market value of Tesla was mainly related to its unexpected sales status. Internally, Musk predicted that Tesla might break even in Q2 despite the epidemic. Externally, industry analysts predict that Tesla's sales in June are very strong, and its Q2 delivery may be between 90,000-/kloc-0,000. During this period, the market expectation has obviously increased.
New Energy Vehicle Subsidies Push New Deal
On April 22nd, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology jointly issued the Announcement on Relevant Policies for Exempting New Energy Vehicles from Vehicle Purchase Tax. The new policy decides to support the development of new energy automobile industry and promote automobile consumption. From 2002 1 year 1 month1day to 20221February 3 1 day, new energy vehicles, including pure electric vehicles and plug-in hybrid vehicles, will be exempted from vehicle purchase tax for two years.
On April 23, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology and the Development and Reform Commission jointly issued the Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, clearly pointing out that the implementation period of the financial subsidy policy for the promotion and application of new energy vehicles will be extended to the end of 2022, and the intensity and pace of subsidy decline will be eased. In principle, the subsidy standards for 2020-2022 will be reduced 10%, 20% and 20% respectively on the basis of the previous year.
At the same time, the new subsidy policy for new energy passenger cars will limit the price of vehicles before subsidy to less than 300,000 yuan (including 300,000 yuan). The transition period of the New Deal is from April 23, 2020 to July 22, 2020.
National six extension
On April 29th, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology and other departments 1 1 jointly issued the Notice on Several Measures to Stabilize and Expand Automobile Consumption, pointing out that the deadline for the production transition period of the national standard particle quantity limit for light vehicles with a total mass not exceeding 3.5 tons was adjusted to 202 1 year 1 month. The national five vehicles can be sold and registered in areas where the national six standards have not been implemented.
The implementation of National Sixth was postponed to 20021year, mainly due to the epidemic situation. Some car companies were forced to postpone the certification, test, road test and production of new national sixth cars, and it was difficult to complete the switch according to the original time stipulated in the standard. In addition, the data shows that as of mid-March, the inventory of the national five vehicles was about 260,000. When the epidemic situation leads to insufficient consumption power, it is difficult to digest the inventory in a short time.
This article comes from the author of Chejia, car home, and does not represent car home's standpoint.
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