BYD's January sales decreased 15% year-on-year

In the wave of many car companies that released January's opener sales, the sales figures of BYD, which did not complete its sales last year, showed a 15% year-on-year drop in sales in January, which is in sharp contrast to the significant year-on-year growth of other car companies.

In a statement released today, BYD stated that the sales of cars in January were 52,054, a decrease of 15% from 61,215 cars sold in the same period last year.

Despite the huge impact of the Beijing restriction policy announced at the end of last year, all companies that have announced sales in China in January have achieved year-on-year sales growth and achieved a good start. Among them, Mercedes-Benz took the first place with an increase of 89% year-on-year. In addition, SAIC Group, the country with the largest sales volume in China, sold 416,000 units in January, an increase of 35% year-on-year, and January sales of FAW Xiali increased 19% year-on-year. Geely, the independent brand, sold 45,600 units in January, a year-on-year increase of 4%, JAC increased by 20.66%, and sales reached 56,000 units, while Chery’s global sales reached 86,299 units in January, an increase of 17.52% year-on-year. Monthly sales of passenger vehicle companies exceeded the 80,000 mark for the first time.

BYD Automobile experienced a doubling of its sales volume for four consecutive years since 2006. Its growth rate slowed down in 2010, and its sales volume reached 520,000 units in the year. It only achieved 15.5 sales growth, which was a significant increase over the 170% increase in 2009. slow.

After the introduction of the Beijing restriction measures, it was reported that a number of cities have followed similar policies in Beijing. According to industry sources, BYD, as an independent brand, will face a more difficult market environment and the sales situation in the year is not optimistic.