China is, # 39; fast growing economy Headed for a crash?
Wissmann German automotive industry continues its success in China.
Auto Shanghai 2015 about 30 suppliers in the German pavilion.
Statement by Matthias Wissmann, President of the German Association of the Automotive Industry VDA, at the press conference at the Shanghai Auto VDA 2015, Monday, April 20, 2015.
I am pleased to warmly welcome you to our press conference at the German Pavilion at Shanghai Auto Again, we were able to gather about 30 German suppliers exhibitors at the pavilion of our country which is the number that we had there two years to add to that, some important supply companies from Germany are here with their own exhibition stands the high level of expertise and strong innovation in the German automotive industry supply are very present in this show.
The joint pavilion is supported by the German Federal Ministry of Economy and Energy At this stage, we thank the AUMA Association of German industry trade fair, the company IMAG lounge and Consul General for Rothen their excellent cooperation.
The German Association of the Automotive Industry VDA is headquartered in Berlin and has over 600 members A feature of the development VDA distinguishes similar associations in the world is that we unite both the automakers and their suppliers under the number one roof more than 500 companies suppliers, making them the largest group within the VDA.
Last year, German carmakers produced more than 14 9 million cars worldwide, a good March 9 million of them on sites outside Germany Our production and represents about a fifth of the production of total world passenger cars.
OEM and German suppliers have their own production facilities in more than 70 countries around the world in all they have over 2000 production and assembly facilities in other countries than Germany Of these, 240 websites German suppliers are located here in China in addition, there are many manufacturers of our production plants.
Passenger car market in China is approaching 20 million.
The market for Chinese cars has developed very dynamically in recent years In 2013, it surpassed the US market continues to be important for us in 2014 and China has increased by 12 percent to 7 Apr. 18 million units.
And 2015 has also got a strong start in the first quarter car sales climbed more than 11 percent compared to the same period last year, rising to 5 million new cars than in March alone, sales rose 12 percent to about 1 75 million units SUV models are particularly in demand for 2015 as a whole, we expect assuming now starting a figure much higher growth rate of at least 6 percent and volume from 19 to 5 million new cars this means that China will increase its lead in the US market 16. 7 million light vehicles to 2 8 million units, and the difference between China and Western Europe March 12 million cars will total February 7 million new cars.
Future growth may well tend to stay longer in single digits, but the Chinese market probably will remain the most significant of Keen demand in the world for individual mobility will continue to be driven by the emerging middle class that is becoming increasingly the target group for car manufacturers, the demand for cars in this great country is not structurally covered, especially in smaller towns and in western countries, car ownership level is now at 52 cars per 1000 people by comparison, Germany has just over 540 cars per 1000 inhabitants.
German manufacturers have increased their sales of passenger cars in China.
The German group brands have followed the speed of developments and in 2014 they sold 3 9 million new cars Mar. 16 percent, all of which were built in China they have grown faster than the market itself an medium-term view really shows how the trend has taken off over 2010 2 0 million, the German group brands sales almost doubled here and on 2008 0000000 1 they actually almost quadrupled.
Our market share is 23 percent from January to February 2015, and for 2014 overall was Feb. 21 percent This means that a little over a new car in five sold in China bears a German group badge But of of course many other car manufacturers also benefit from the dynamic development of this market.
The main segments of the German OEMs production portfolio in China are those until mid segment, and off-road vehicles The largest segment in 2014 as a whole was the compact class, which represents 52 percent If the there are small cars 5 percent and the middle segment of 19 percent as we find that three quarters of the cars produced in China by German group brands are in these segments.
Since the total worldwide number of cars exported to China has not been registered to date, we issue separate figures for exports of cars from Germany to China, they increased by 13 percent in 2014 to reach a good 274000 However, we can assume a trend towards a slow decline in the export figures, local production is growing added to this, there CKD vehicles, whose share of the value added Germany fell below the 60 percent mark, and included the numbers of foreign production and therefore no longer included in the export statistics for the first two months of the year, car makers German passengers exported 39,800 vehicles in domestic production in China of 7 percent.
In 2014, China's share of total exports of German auto manufacturers came to 6 percent 17 percent went to NAFTA, and 51 percent in Western Europe Most of these vehicles were models in luxury segment, upper medium segment, and sport and off-road vehicles Seven in ten exported cars are in these groups; and one third of exports are 32 percent segment of luxury vehicles The value of passenger car exports to China increased by a fifth in 2014 to 12 € 4 billion in value this country is the third destination market for passenger cars from Germany, after the United States and the United Kingdom.
German suppliers, too, greatly increased the value of their exports to China in 2014, they increased by 18 percent to 10 EUR 2 billion The value of imports also increased to 1 0 million euros 11 percent German suppliers have supported and enabled our expansion of automobile manufacturers from the beginning, they were present here in early All major German suppliers are active in China in recent years, most medium-sized enterprises also arrived Their customers are the brands sides German Chinese and global automakers the number of production sites of German suppliers in China rose by a fifth over the last two years, German suppliers have continued to create jobs here the size of their labor of work rose a good 15 percent since 2013 to exceed 80 000 in total.
The following companies post their products and innovations in the German pavilion Anvis Group; Berger Holding GmbH; Boge rubber Plastics Group; B hler Motor GmbH; Carcoustics International GmbH; D RKEN MKS-Systeme GmbH Co KG; Dr. Schneider Kunststoffwerke GmbH; Formel D GmbH; Fraenkische Pipe Systems Co Ltd; Gentherm Automotive Systems Ltd. China; Hirschvogel Holding GmbH; iwi motorsysteme GmbH Co KG; Jaeger Poway Automotive Systems Ltd; Shenzhen Kapolnek GmbH; Kiekert AG; Kirchhoff Automotive GmbH; KSPG AG; Mapco Autotechnik GmbH; Powertrain Mercedes-Benz; Motorservice MS Deutschland GmbH; Mubea Automotive Components Co Ltd; Nidec GmbH gpm; Peiker Acustic GmbH Co KG; Pierburg GmbH; PWO High Tech Metal Components Co Ltd; SCHERDEL GmbH; Seeger-Orbis GmbH; Sonderhoff and Suzhou Co Ltd. Sealing Systems
We believe this strong German presence as an indication of the clear desire of our companies in the VDA to further develop their activities here on the largest market in the world touring cars The conditions for this are good in China is still in German growth and quality is obviously going down well with Chinese customers.
Ladies and gentlemen, I am delighted that electric mobility in China is progressing course, absolute sales figures are still relatively low, but the growth rate is even more impressive at the end of 2014 over 100,000 vehicles hybrid electric plug-in and pure battery electric vehicles were on the roads in this country.
An essential contribution to this development comes from the Sino-German Project electric vehicle charging In July 2014 This pilot project was prominently presented and supported by German Chancellor Angela Merkel and Miao Wei, the Chinese Minister of Industry and information Technology, Beijing It focuses in particular on scientific preparations for various forms of charging infrastructure for electric vehicles, which are tested by users in conditions of real life in a private environment, semi-public and public the objective is to demonstrate a basic level that challenges electromobility faces daily use, and how in particular charging infrastructure can be improved.
Project Donors are German manufacturers Audi, BMW, Daimler and Volkswagen, the VDA, Chinese manufacturers and the German Federal Ministry of Economy and Energy, and the National Development and Reform Commission of the PRC China NDRC initial results show that the People rapid establishment of charging infrastructure is essential to the rise of electric mobility and it is the view in Germany too.
Ladies and gentlemen, Shanghai Auto is one of the most interesting auto showroom in the region of Asia and I look forward to seeing you at the 66th International Motor Show IAA Cars Cars LPNs is organized by the VDA and will open in Frankfurt am Main, Germany, in September the most important topics will be next to new progress in improving electric mobility vehicle efficiency, reduced CO2 and lightweight construction, particularly connected and conduct automated We expect a large number of world premieres at the IAA.
The international press is also very welcome at the IAA Please note the dates of the car 66th IAA in Frankfurt, it will take place from September 17 to 27, 2015, and will release Days on September 15 and 16 the IAA slogan You will find mobility connects all other information online at.
But back to Shanghai Auto I wish everyone a living successfully.
For detailed portraits of exhibitors at the German Pavilion, please visit.
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