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2015 conference of the automotive wheel industry was held in Jinan, Shandong from 27 to 30 May, 2015.


The chairman unit of this session, Qiu Feng, general manager of FAW Wheels delivered the opening remark. Each vice president unit and Secretary-General unit chaired the meeting. Wheel Factories, wheel equipment manufacturers and related manufacturing companies participated in this meeting. The meeting analyzed and pointed out the production and sales of automobiles in 2014 and the characteristics of the auto market and yields.
The national auto production and sales in 2014 were respectively 23.72 million and 23.94 million, an YOY increase of 3% and 6.9%, wherein the production and sales of passenger cars are 19.92 million and 19.7million, an YOY increase of 10.2% and 9.9%; the production and sales of commercial vehicles were 3.8 million and 3.79 million, an YOY increase of 5.7% and 6.5%. Eight characteristics are exhibited: 1. The growth in car sales this year remains steady, slower than the expectation at the begging of the year. In the commercial vehicle market, due to the purchase limits in some major cities and other reasons, the domestic sales growth in 2014 saw a larger drop, lower than the expected growth rate of 8% -10% at the beginning of year. 2. The industry’s top ten enterprises continue to maintain a rapid growth rate. 3. The sales growth of passenger cars is steady; SUV, MPV continue the rapid growth rate. 4. The overall sales of commercial vehicles declined, while passenger cars maintained growth. 5. New energy vehicles showed rapid development. 6. Chinese brand cars’ market share continued to decline. 7. Influenced by changes in the international market, exports continued to decline. 8. The government pays more attention to the auto industry, actively launching auto policies.
It also analyzed the automotive market in 2015 from the following aspects:
• The macro-economic economic situation “Omitted”.
2. Forecast of market demand in 2015.
• Passenger vehicles market: sales of cars was about 12.51 million, an increase of 1%. SUV’s sales was 5.1 million, an increase of 2%. MPV sales was 2.58 million, an increase of 35%; the sales of cross-type passenger cars continued to decline to about 1.06 million, with a growth rate of -20%.
• The commercial vehicle market: due to the influence of light trucks, the sales of the truck market will rise slightly; it is expected that the sales will reach about 3.23 million, an increase of 1.3%. The passenger car market will maintain steady growth with sales of 650,000, an increase of 6.5%. The commercial vehicle market as a whole increased slightly compared with last year, with sales of about 3.88 million, an increase of 2.4%. Overall Market Forecast: the annual sales was 25.13 million (of which 24.27 million was domestic sales, and 8.63 million was exports); the growth rate was 7%.
  (The Correspondent)

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