· "Price war" has started to open six major car companies

According to data released by the National Passenger Vehicle Market Information Association, a total of 7.092 million passenger cars were sold in the first four months of this year, down 0.2% year-on-year. This is the first time in recent years, the first quarter of the car market showed a negative year-on-year growth in sales. Up to now, there have been six car companies that have officially dropped or disguised officially, and the price war in the auto market has started in advance.

Summary of 6 major car companies preferential policies Model name Preferential policy Coupon amount (ten thousand yuan)
Baojun 730, 560 official drop 0.2-0.7
Haval H6, H2 deduction coupon 1-1.6
Changan Ford Maverick official drop 0.5-1.8
Changan CX70 official drop 0.8-1
Dongfeng Peugeot 4008 Free of Purchase Tax 1.58-2.33
Dongfeng Citroen C3-XR, C4 Sega, C4L 1 yuan l big screen, insurance, double-free financial scheme 0.4

Baojun: 730, 560

Preferential policy: Guan Jiang

Preferential amount: 730:6000 yuan, 560:2000-7000 yuan

In March of this year, SAIC-GM-Wuling announced that the classic Baojun 7301.8L intelligent manual comfort and 1.8L intelligent manual luxury models officially cut the price by 6,000 yuan. In fact, in June 2016, SAIC-GM-Wuling had already made an official landing on the Baojun 730 model and promoted its sales growth. However, from the current sales performance of Baojun 730, the effect is not very obvious. In the first four months of this year, the sales volume was 32,000, 23,000, 28,000 and 18,000 respectively. In May, Baojun announced that it would drop 2000-7000 yuan for another member of the "General" Baojun 560.

Haval: H6, H2

Preferential policy: 1 billion yuan red envelope, deductible coupon

Preferential amount: 999 yuan deductible coupon maximum discount of 16,000 yuan

On March 16 this year, the Haval brand of Great Wall Motor (601633, shares) distributed a total of nearly 1 billion yuan in car and service red envelopes. After a lapse of one month, Haval launched a 999 yuan deductible coupon for the Haval H6 and H2 models, which can be deducted from 10,000 to 16,000 depending on the model. Since 2015, the Great Wall has successively reduced the sales of the H6 models three times. In addition to the price cuts, it has also carried out several cash red envelope activities, which also increased operating costs.

According to the announcement information released by Great Wall Motor, the cumulative sales volume in the first quarter of this year reached 254,159 units, an increase of 8.88%. The first-quarter earnings report showed that total operating income was about 23.319 billion yuan, up 12% year-on-year; net profit attributable to shareholders of listed companies was about 1.955 billion yuan, down 18% year-on-year. The Great Wall official said that the main reason for the decline in profits was to increase the cost of official promotion, product promotion and R&D investment. Such frequent "price wars" are also "killing one thousand, self-destruction eight hundred".

Changan Ford: All of the Tigers

Preferential policy: Guan Jiang

Preferential amount: 0.5-18,000 yuan

On April 1st, Changan Ford cut the price of 0.5-1.8 million yuan for all models of the Mavericks. The current price range is 18.48-27.08 million. Since 2017, major auto companies have launched new SUV products, such as Honda Crown Road, Kia KX7, Changan CS95 and other models, which have affected the sales of Ford Maverick. From the market performance in the first four months of this year, Ford Maverick accumulated sales of 20,856 units, down 54% from the same period of last year; in April, sales in less than 2,000 units in a single month, down 73% year-on-year. Although the price cut was carried out in early April, the sales increase was not obvious.

Changan: CX70

Preferential policy: Guan Jiang

Preferential amount: 0.8-1 million

In April, Changan also joined the war. Changan CX70 officially dropped 0.8-1 million yuan. Just after the CX70 went on the market for one year, it was carried out by the official department. After the official drop, the price range was 5.99-7.69 million yuan, further expanding the advantage between Baojun 730 and Fengguang 580. The cumulative sales of the Changan CX70 model has exceeded 120,000 units in a year, and the monthly average sales volume is over 10,000 units. This official drop will help its sales increase further.

Dongfeng Peugeot: 4008

Preferential policy: Free purchase tax

Preferential amount: 1.58-2.33 million

Dongfeng Peugeot 4008 was officially launched in November 2016. On May 8th, Dongfeng Peugeot officially announced that from now until May 31, consumers who purchase 4008 can enjoy the preferential tax exemption policy. The official guide price of 4008 is 18.57-27.37 million yuan. Under the new policy, the purchase tax can be saved by 1.58-2.33 million yuan. Do consumers buy it? Still have to use sales to speak.

Dongfeng Citroen: C3-XR, C4 Sega, C4L

Preferential policies: 1 yuan to increase the screen, send insurance, double-free financial plan

Discount amount: 4000 yuan

Dongfeng Citroen also launched a preferential policy in May. It launched a 1 yuan upgrade for large screens for different models, a 4000 yuan commercial insurance for the car, and a 36-year double-free financial plan. However, compared with other car companies, the preferential treatment of 10,000 yuan is somewhat inferior. Although the ants are small and meat, such preferential policies will still have some incentives for sales.

Metal Baler

Hydraulic metal machine is mainly applicable to steel mills, recycling and processing industries and non-ferrous metal smelting industries. Hydraulic Baling Machine can squeeze all kinds of metal scrap (steel shaving, waste steel, waste aluminum, waste copper, waste stainless steel and scrap automobile waste, etc.) into cuboid, octagon, cylinder and other shapes of qualified charge, which can reduce the transportation and smelting cost, and improve the speed of furnace. It is mainly used for cold pressing under normal conditions for scrap metal scraps, scrap steel scraps, waste oil tank, disassembling car shell and other metal scraps with a thickness of less than 3mm. Cold pressed into blocks for easy storage and transportation or furnace.