Shanghai Xinhua April 21, is the thirteenth session, held in the Shanghai auto demonstrate was examined a forceful strengthen to the confidence of the Chinese automobile market, the principle car exhibition overseer enterprises have organised a good worker car sales this year, more than 10 million views. Optimistic come seal the sales figures in the face of a harsh alive the load is that worker auto production plants how to achieve the “output” targets to strengthen enterprise efficiency synchronous?

Domestic car prices “make the sale less” sign in the first quarter of this year actually began to appear. Association of steam released statistics show that January-March this year, domestic automobile production and sales year-on-year growth of 1.91%, respectively, and 3.88%, but the size of more than two months before the car high total profits are down 50 percent year-on-year. Automobile sales in March, despite continued to get better, but day care is expected to have similar first quarter of this year the focus of 31 listed companies in the automotive industry’s net profit fell 14 percent will be synchronized.

Why China’s automobile industry would lead to “increased income” situation? In sighting, the statistics in the Steam Society has given a first go counter to the question: by the revitalization plan for the pay for of small displacement cars by half and the “car to the countryside” policy to rouse the first quarter passenger car sales by 70.7 per 100 of the 1.6 higher and the pursuing release of energy motor vehicles, particularly cross-type passenger minibus that is created. Analysts spiky out that the average exchanging price of these cars in 5 million, where profit boundaries were on the floor heading down 10% of car-effective contribution rate can not be equated with the sales. Seen in this candle, the revitalization of the Government’s planning and spending estimates to rouse the rate simply for the car to write a rudimentary setting warmer. China’s car prices to achieve sales volume and efficiency of the synchronization recovery, or may rely on their have efforts.

Car prices to income, either from a bicycle to raise the average revenue and cost savings from two aspects. Increase the average yield on a bicycle, the domestic car prices have begun in a conscious efforts to improve product mix. From the auto show, we can see that this year’s rate of domestic car makers in particular, on their own brands in the field of high-end efforts to open up very great. As consistent with “civilian car” image that’s Chery Automobile, in this show will bring, including Riich, Wei-lin in the high-end brands such as 32, including the show cars, car covers from the senior business micro-car to car quality Six series.

Yin, head individual of Chery Automobile leap in with the new seminar after the exchange with the newspapers seem that the present China-made automobiles in the goods, expertise and foreign businesses is getting higher and higher degree of homogeneity, but furthermore the bigger the gap between brands. The identical value, why vehicles “carrot charges to deal the meat”? After all, is a inquiry of value-added brands. Yin and Yue said that the foreign newspapers lately, he inquired to purchase Volvo following, but Chery to address why they can not construct a more powerful emblem than Volvo?

Specific to the goods, Chery Auto Show in the aim of the introduction of a “smart vehicle digital products” RiichM1, Yin said that with the leap, which is not an upgraded type of QQ. He said that household buyers have a bias on the vehicle that is low-end cars. But, in detail, alike to BMW’s Mini Cooper and other vehicle kinds, is furthermore part of the luxury. Chery’s aim is to RiichM1 with high-end vehicles in the market place.

On cost savings, the layoffs and wages slashes vehicle charges is apparently not a to blame way, not the genuine outcomes, grade of household vehicles have a better entire solution. SAIC head individual Hu mao yuan in the display on the eve of the Summit Forum on the sign of the “industry should connect hands to surge over the urgent position through” view. For demonstration, he said, for example the Automotive Logistics, a lone vehicle is now utilised in batch mode grade can effortlessly lead to out-of-stocks or the backlog of difficulties, a large influence on cost of sales. In detail, the automotive commerce can discover from the latest tendency world “mashups,” the perform of the diverse enterprises, emblem blend, as the identical train to circulation assemblies, in order that to enhance logistics effectiveness and decrease charges are many of good.

R & D in diminishing the charge of the worker car prices are also great room for cooperation. For case, novel energy battery mechanical supplies, various production plants have occupied in, in sighting, can also be examined combined to carry out research in lead to diminish the money and portion the results. Hu mao yuan said that to achieve the above-mentioned circumstances, the deficiency to rate each motor vehicle to contravene the traditional creations and full cooperation is not easy.

Since the fiscal critical purpose, worldwide oil demand has been flagging. From the commencing of this year, embracing the International Energy Agency, the U.S. Energy Information Administration and OPEC prediction, embracing the three greatest administration are the current oil deliver and demand report, world oil demand this year is looked frontwards to to plunge over, plunge record low.

Since the economic urgent position, international oil demand has been flagging. From the starting of this year, encompassing the International Energy Agency (IEA), the U.S. Energy Information Administration (EIA) and OPEC outlook, encompassing the three foremost associations are the newest oil provide and demand report, world oil demand this year is anticipated to drop afresh, drop record low.

The three agencies lowered oil demand

Energy Agency is normally based on global GDP growth forecast for oil demand, and not too long ago, the International Monetary Fund (IMF) significantly reduced the forecast of global GDP, said the global economy to shrink this year, up to 1% for the first time since World War II negative growth, last revised growth forecast of 0.5%.

A message, the world’s major energy forecasting agencies have lowered this year’s global oil demand forecast.

Published in the current IEA monthly report that worldwide oil demand prediction down to 83.4 million barrels / day, for 29 years to decline the largest, the diagram is the least 5-year values. Among them, the deduced nations, demand for oil this year, plunged 4.9 out of 100 last year, deducing nations may be the first time since 1994 show descent in demand for crude oil.

In January this year to April, IEA for 2009 worldwide oil demand is looked frontwards to to progressively descent, descent of 430,000 barrels / day, down 1 million barrels / day, down 1.2 million barrels / day, as well as the descent in the freshly liberated 240 million barrels / day. “At present, the step of worldwide monetary recession comparable to the early 80s of last century.” IEA said in its report.

Not only that, despite 14 months EIA4 short-term energy outlook released as pessimistic IEA said, but dragged down by economic decline, which will continue in 2009 on global oil demand estimates lower than the March figure 180,000 barrels per day.

OPEC in addition in a small number days in the past for the first 8 months of this year to slice its worldwide oil demand forecast. OPEC said world oil demand in 2009 assesses will be a once a day lessening of 430,000 barrels a day, lessened to 84.18 million barrels / day. Last month, OPEC envisaged world oil demand this year will be lessened by 1.2%.

Is the major origin of the international financial worsening

Forecast for the identical three foremost organisations of international oil demand will be the major origin of down turn attributed to the economic urgent position conveyed about by the international financial downturn.

OPEC, in its monthly oil market that the global economic downturn continued to inhibit growth in oil demand, especially in inhibiting the United States, Japan and China’s oil demand growth. Industrialized countries, oil demand will decline this year, while oil demand in developing countries may be a slight increase.

IEA believes that the world’s largest oil consumer the United States, energy demand is substantially lower demand for crude oil this year, the main reason, but has been seen as engines of global energy in China and other emerging markets, have also begun to show signs of decline.

Energy consumption as the world’s major powers, the United States in the fourth quarter of 2008 the economy will shrink by 6.3 percent, about the worst performance in 25 years. Economists expected the first 3 months are also the weak performance of the economy, some economists expect the economy contracted by 4 ~ 5%. President of the United States, notwithstanding the recent Obama and the issue of Federal Reserve Chairman Ben Bernanke on the U.S. economic outlook optimistic assessment warmer, but many economists have been questioned.

The IEA report envisages that China is in all likelihood to accompany in 2009 for the first time in 19 years a decline in demand of crude oil, the rate will arrive at 1%. And other arising economic procedures, oil demand was lessened by 0.1%.

IEA said in the report, comprehensive in January and February data, the current Chinese oil demand over the same period fell 6.9%. In this regard, some experts believe that: “January and February of the decline in oil demand, on the one hand, the impact of economic crisis, a general decline in the factory operating rate, slower growth in the petrochemical industry. On the other hand, taking into account the production factor in the Spring Festival holiday plants . ”

In augmentation, the General Administration of Customs of China liberated written knowledge present that China’s March crude oil deals of 3.86 million once a day barrels, more than the deals in February advanced 33 percent. This is in addition China’s crude oil deals bang a high of over the past year, only in March last year, the utmost purpose of the 17.3 million tons less 960,000 tons.

Recovery in demand as early as next year

Three forecasting administration in the report in addition when oil use is envisaged to change the tide.

In mid-March, New York oil charges in 50 U.S. dollars this year on the first return. IEA considers that the latest rebound in crude oil is due to numerous components, but the supreme conclusion component in oil charges is still provide and demand, and the extending international financial flaw in the short period will not change on the international oil demand is anticipated pessimistic.

The EIA in addition said that worldwide oil deliver as OPEC lessened oil goods produced to lessen extensively counterbalance by the worldwide monetary recession produced by descent in oil demand effect. EIA skilled population, the fresh descent in oil costs OPEC to curtail end wares and to a humble rebound in prices. EIA in addition deliberated that the consequence of worldwide monetary downward spiral, the United States midpoint charge of crude oil this year is assessed to be 53 U.S. dollars a barrel, if the economic procedure recapture its higher movement in 2010, then oil costs will get higher to throughout 63 U.S. dollars a barrel.

Low in the international oil utilisation, the OPEC constituents will obey firmly with the output designs have been announced. OPEC’s report displays that in March by the output quotas of the 11 OPEC constituents to decrease output in February more than 245,000 barrels a day, still higher than the aim of 720,000 barrels of high yield. OPEC acquiesced in March in the implementation rate of 83 per hundred, while the chronicled mean grade of about 60%. Market participants have said that “the implementation of the rate of 60 per hundred is much higher than the chronicled mean grade of OPEC may be the implementation of the design is the best performance.”

Moreover, OPEC’s point of view also in the event of changes, more and more people believe that oil prices rose to around 50 U.S. dollars a barrel has become a compromise price, producers can meet demand, they can fight hard with the economic recession of the consumer were acceptable. Therefore, it is generally considered the market, OPEC production agreement is unlikely to further improve the degree of implementation.

Published monthly IEA report in addition predictions the worldwide economic procedure and demand for crude oil in 2010 will it be probable to recoup, as the last one 100, the early 80′s for 4 years descent in demand for crude oil will not occur.