Sales of M7 and M9 terminals dropped sharply, and BMW dropped 40% to restart the price war

According to terminal sales (insured volume) data, China’s automobile terminal sales reached 1936766 in August, up 9.

4% from the previous month and up 0.

9% from the same period last year.

This is the first time that China’s auto market has achieved slight growth compared with the same period last year after a year-on-year decline for six consecutive years.

Among them, the terminal sales of new energy vehicles exceeded 1 million for the first time, reaching 1011360, up 14.

3 percent from the previous month, 49.

8 percent higher than the same period last year, and the penetration rate reached 52.

2 percent.

Sales and penetration of new energy vehicles in China hit record highs in August.

Sales of M7 and M9 terminals dropped sharply, and BMW dropped 40% to restart the price war, the terminal sales of fuel vehicles in August were 925000, up 4.

4% from the previous month and down 25.

5% from the same period last year.

This is the seventh consecutive month of decline in the fuel vehicle market compared with the same period last year.

Sales of M7 and M9 terminals dropped sharply, and BMW dropped 40% to restart the price war, specific to models and brands, in the August model TOP20, the sales of M7 and M9 dropped sharply compared with the previous month, especially the sales of M7 dropped 41% from the previous month, all of which have been dropped out of the list.

Sales of Yuan UP and Tesla Model 3 terminals soared by more than 70% month-on-month, with the former on the list for the first time and the latter on the list again.

In addition, Wuling’s two small models, the Hongguang MINI and the colourful fruit, are back on the list.

In August, thanks to nine super-popular models, BYD’s terminal sales exceeded 360000, an all-time high.

The BBA that withdrew from the price war all dropped to the top 10, and BMW’s terminal sales nearly halved to 16th, but today there are media reports that BMW has resumed the price war in order to meet its sales target.

▍ model list TOP20: M7, M9 fell sharply, yuan UP, Model 3 rose sharply, Sales of M7 and M9 terminals dropped sharply, and BMW dropped 40% to restart the price war, TOP20 model list, new energy vehicles accounted for 14 seats, of which BYD models accounted for 9 seats, and 6 seats in the top 10.

Ten months later, BYD Seagull surpassed Qin PLUS and Tesla Model Y to become the most popular model among consumers after winning the top selling position last October.

Due to the sharp increase in sales of Qin L and Seal 06, Qin PLUS terminal sales fell slightly by 1.

0% month-on-month, ranking third.

Song PLUS sales rose 18.

6% month-on-month, surpassing Qin L ranked fourth, while Qin L sales rose 8.

8% month-on-month, falling from fourth in July to fifth in August.

Sales of seal 06 surged 48.

6% month-on-month, surpassing Xuanyi to rank sixth.

Yuan PLUS sales rose slightly by 3.

9% and continued to slide to ninth.

Although the sales of the destroyer 05 and Song Pro both rose month-on-month, they both dropped to the top ten.

Yuan UP sold nearly 20, 000 vehicles, up nearly 80% from the previous month, making it on the list for the first time and ranking 17th.

At present, the yuan UP terminal discount of 3000 yuan, the starting price has come to 93800 yuan.

Apart from the nearly 80% month-on-month increase in yuan UP sales, Tesla’s Model 3 sales rose more than 70% month-on-month, ranking 18th on the list again.

On the one hand, its sales soared, except that the interest-free car purchase policy was extended until the end of September.

on the other hand, the European Union imposed countervailing duties on Chinese electric vehicles, and Tesla is expected to reduce exports and give priority to domestic consumers.

Ideal L6 sales remain at around 25000, and the ranking has been stable in the top 10.

Since the launch of the ideal L6, sales of the ideal L7 have plummeted, falling 8.

8 per cent to 10218 vehicles in August from the previous month.

Sales of the M7 and M9 terminals of its two cars have dropped sharply, with the M7 sales down 41% from the previous month and the M9 by nearly 20% from the previous month.

Wuling’s two small cars, Hongguang MINI and Wuling colorful fruit, made a strong comeback.

August sales exceeded 20, 000, up 68% and 56% respectively from a month earlier, entering the TOP20 again, and Hongguang MINI once again entered the top 10 and ranked eighth.

In terms of fuel vehicles, the only fuel car in TOP10 is Xuanyi.

Lang Yi, which was once in the top 10, saw sales drop 22% in August to 14th.

Toyota’s RAV4 sales fell 13% month-on-month to 20, and will soon fall out of the top 20 if sales continue to decline.

M7, Ian AION Y, Han, M9 and Karola Ruifang all failed in the list, replaced by Tesla Model 3, Xingyue L, Wuling Colorado, Hongguang MINI and Yuan up.

▍ brand list TOP20: BMW fell 40%, Galaxy doubled on the list for the first time, Sales of M7 and M9 terminals dropped sharply, and BMW dropped 40% to restart the price war, with nine super popular models, BYD terminal sales exceeded 360000 in August, up 21% from the previous month, setting another all-time high.

Thanks to another rise in sales of Hongguang MINI and Wuling colorful fruit, Wuling sales surged 43% month-on-month, returning to the top five and ranked fourth.

Due to the rise in sales of Xuanyi and Xiaoke, Nissan sales rose 21.

3% month-on-month, returning to the top 10 of the list.

In terms of month-on-month growth, sales of the six major brands BBA, Mente, ideal and Ian declined month-on-month, of which BMW sales dropped nearly 40% from the previous month, falling to 16th in the top 10.

According to media reports, due to a sharp decline in sales after the price increase, BMW is “restarting” the price war, slashing the price of its models in order to meet this year’s sales target.

The price of BMW’s flagship pure electric model i7 has been reduced by 38% in domestic 4S stores, with a maximum price reduction of 555000 yuan, such as the 2023 xDrive60L, with the original price of 1.

459 million yuan and the naked car price of 663300 yuan.

Sales of Mercedes-Benz and Audi fell 14% and 10%, respectively, to 12th and 13th, respectively.

Compared with Audi and Mercedes-Benz, BMW’s sales in China have dropped significantly, which is also one of the direct drawbacks after its withdrawal from the price war.

Due to the sharp decline in sales of M7 and M9, sales in the question world fell 29% month-on-month and continued to slide to 17th.

In contrast, Galaxy sold nearly 30, 000 vehicles in August, doubling month-on-month, thanks to a surge in sales of the Galaxy E5 (14550 vehicles), which went on sale on Aug. 3. Volkswagen is the only German car left in the top 10 in the TOP20 list, while Toyota, Honda and Nissan remain firmly in the first camp.

And German luxury car brand BBA has fallen below the top ten due to its withdrawal from the price war.

However, some media have revealed that BMW’s sales are expected to pick up in September in order to restart the price war for sales.

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Link to this article: https://evcnd.com/sales-of-m7-and-m9-terminals-dropped-sharply-and-bmw-dropped-40-to-restart-the-price-war/

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