The hottest scene of Shanghai auto show I the Germ

2022-09-23
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Shanghai auto show site I the German automobile industry association said that for every five new cars sold in the Chinese market, one is a German car

Shanghai auto show site I the German automobile industry association said that for every five new cars sold in the Chinese market, many regular customers can see the signs of the products, including one is a German car

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for every five cars sold in the Chinese market, one is a German car, accounting for 22.4% of the market

"for every five new cars sold in the Chinese market, more than one is a German brand. The other three steel balls in Germany are fixed in the oil box, that is, compared with the above steel balls, the sales volume of passenger cars of Chinese automakers in China has increased significantly from 2million in 2010 to 5.2 million in 2018, an increase of 7% compared with 2017. The market share in 2018 reached a record 22.4%." Bernhard mattes, chairman of the German automobile industry association (VDA), said at the press conference held at the German Pavilion of the 2019 Shanghai auto show on April 16

every five new cars sold in the Chinese market, one of them is a German car

at present, German cars have been highly localized in China. It is reported that the vast majority of vehicles for the Chinese market are produced locally in China. Over the past decade, the number of German automakers' production plants in China has almost quadrupled, from the initial 8 to today's 30. Mattes said that he welcomed the Chinese government's loose policy in supporting the passenger car sector of joint ventures, which will take effect in 2022

for the recent decline in China's passenger car market, mattes said that it should not be wrong to predict that the future will be a straight-line decline until the specimen breaks. For example, the automobile market in China is more volatile than that in Europe. If the trade frictions between China and the United States are resolved constructively, we expect the overall development of this year to be stable

I hope trade frictions can be resolved constructively.

it is understood that German automakers export the largest amount of cars from the United States. Of the 750000 cars produced in the United States, more than half are export orders. Due to trade frictions, the export of German car companies' cars produced in the United States to China fell significantly. "In 2017, German car manufacturers exported 150000 vehicles produced in the United States to China, accounting for one fifth of the total number of new cars produced by Germany in the United States. In 2018, trade frictions led to the export of only 95000 vehicles produced by German manufacturers in the United States to China (a negative growth of 36 percentage points)." Mattes said. He also said that punitive tariffs would lead to retaliatory measures, which would lead to spiral trade isolation. This should not happen. Germany strongly advocates that all trade disputes should be resolved constructively. It is also pleased to see that the current dialogue between China and the United States is actively underway. The two sides have suspended the increase of import tariffs, and hopes that the differences between the two sides will be completely eliminated as soon as possible

with regard to China EU trade, mattes said that whether for Germany, the European Union or China, international trade and cross-border investment are important foundations for growth, prosperity and employment. It is more important for industrial and mining enterprises to maintain a good world trade order and standardized trade exchanges, especially when uncertainties increase and trade protectionism rises

Mattes said that we support the efforts made by the EU to reform and strengthen the role of the WTO. China plays a crucial role in the WTO system. Since joining the WTO in 2001, China's economic strength has increased significantly, as has the level of trade. China continues to maintain an open attitude towards the global economy. We support this process. Therefore, we support mutual market access for goods and investment, close cooperation with the WTO, and successful negotiations with the EU on bilateral investment agreements

(: Li Yanxia)

every time five cars are sold in the Chinese market, one is a German car, accounting for 22.4% of the market

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