In 2019, automakers' goals

2019-01-31

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China’s automotive market of the Rapid development , giving rise to Geely, BYD, and other Chinese companies Independent brand. However 2018 for the automotive industry but it is In the depths of winter, the automotive industry experienced its first decline in 28 years. Competition among automakers will become increasingly fierce. Especially with policy factors such as the opening up of joint venture equity ratios and tariff reductions, competition in China’s automotive market will become even fiercer in the future. Intensifying For the entire automotive market, 2019 will be a year of life-or-death significance. How to grab a larger share of the increasingly competitive automotive market will be a question that all automakers must ponder. Therefore, many automakers set their sales targets for 2019 well in advance.

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BYD In 2019 The sales target is: With sales reaching 650,000 vehicles—a 30% increase compared to the 2018 target—this represents a bold move to rise to the challenge.

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2

Toyota Motor The global sales target for 2019 is 10.76 million vehicles, with an aim to achieve a 2% increase over 2018 levels. It is reported that Toyota Motor has maintained global sales exceeding 10 million vehicles for six consecutive years.

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3

At In 2019, GAC Group will aim to achieve a year-on-year increase of more than 8% in automobile sales, reaching 2.3 million vehicles.

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4

First Automotive Works-Volkswagen The 2019 annual sales target was lowered by 3% from the 2018 level, to around 1.4 million vehicles.

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