Shandong Automobile Automobile and Parts Exports Increase 40% YoY

From January to June 2010, Shandong Province produced a total of 934,000 full-automobile vehicles, an increase of 53.4% ​​year-on-year. The growth rate was 4.6 percentage points faster than the national average, and the output accounted for 10.5% of the country's total output. It is the history of Shandong's automobile industry development. The best stage.

With the increase in production and sales volume, the efficiency of enterprises has increased substantially. From January to June, 15 vehicle manufacturers in Shandong Province completed sales revenue of 109 billion yuan, industrial profit tax of 8.82 billion yuan, and profit of 6.4 billion yuan, up 58.8%, 73.7%, and 83% year-on-year respectively. Good level. The total export delivery volume of auto vehicles and parts and components was 1.483 billion U.S. dollars, an increase of 40% year-on-year, basically returning to the level before the international financial crisis.

However, the situation in the automotive and parts industry is still very good, but it still cannot hide the real problems facing the automotive industry in Shandong Province. It is understood that the current product structure of the automotive industry in Shandong Province is still not reasonable, independent research and development capabilities are weak, lack of core technologies, parts and components industry competitiveness is not strong. It is worth noting that since the second quarter of 2010, Shandong's auto production has declined month-on-month, and the rate of decline has shown an upward trend. In June, the province’s output fell by 12.33% month-on-month.

Judging from the situation in the past two months, the development of the automobile industry in the second half of the year will encounter considerable resistance and difficulties. The rapid growth trend in the first half of the year will be difficult to maintain, and the monthly production of automobiles will remain at around 130,000 units. Some companies especially carry loads. Truck companies will be more difficult.

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