China Machinery Industry Federation announced the overall situation of the development of the national machinery industry in 2006. The auto industry as a key industry in the machinery industry has once again become the highlight and focus of 2006.

Zhang Xiaoyun, vice president of the China Federation of Machinery Industry, told reporters that statistics show that the overall development of the Chinese auto industry in 2006 presented six characteristics, which can be summarized as “three good” and “three bad”.

Zhang Xiaojun first pointed out the "three good" development of the automotive industry in 2006. "A good" is that the increase in profits is higher than the increase in output. In 2006, China produced 7.28 million vehicles, an increase of 27.6% over 2005, and the industry realized a profit of 70 billion yuan, a year-on-year increase of 44%. “Two good” is that the increase in exports is higher than the increase in imports. In 2006, the total export value of the auto industry was 25 billion yuan, a year-on-year increase of 43%; the total amount of imports was 19 billion yuan, a year-on-year increase of 39%. "Three good" is the increase in the profit of backbone automotive companies that is higher than that of the entire industry. In 2006, the backbone enterprises of the auto industry achieved a total profit of 33 billion yuan, an increase of 48% year-on-year; the profit growth rate of the auto industry was 44%.

Subsequently, Zhang Xiaoxuan emphasized that while the auto industry achieved results in 2006, there were also some problems. He called it the “three bad” development of the auto industry in 2006. "A bad" is that the growth rate of commercial vehicle production is lower than the average increase of the whole industry. In 2006, the growth rate of commercial vehicle production was 14%, and the growth rate of the entire industry was 27.6%. "Second bad" Under the circumstances that the output of the whole industry is generally increasing, the output of diesel vehicles did not increase in 2006 and the output decreased by 29% year-on-year. "Three bad" means that the average price of auto exports is much lower than the average price of imports. In 2006, China exported a total of more than 300,000 cars, with an average price of about 10,000 U.S. dollars, of which the average price of pickups was 7,800 U.S. dollars, and the average price of light trucks was less than 10,000 U.S. dollars; the number of imported cars was 200,000, and the average price was more than 30,000 U.S. dollars.
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