From the perspective of store types, tire stores, one-stop car service stores, 4S stores The number of visits to repair shops, fast repair and maintenanceshops, and beauty shops has all declined year-on-year. The monthlyaverage number of tire stores has decreased by 8%, one-stop car service stores and 4S stores have decreased by 7%, beauty stores have decreased by 6%, and repair and maintenance stores have decreased by less than 4% year-on-yeal
There are several main reasons: firstly, the market competition isfierce, and the number of stores in the automotive aftermarketcontinues to increase.By 2024, the total number of stores of thetop 50 automotive aftermarket chain enterprises will continue to expand , among which the stores of automotive parts supply chain enterprises will grow the fastest, far exceeding the growth rate of maintenance and car washing beauty fields. The super large chain enterprises with more than 2000 stores have outstanding growthrates, resulting in scattered customer resources.I to releases its financial report for the thirdquarter of 2024. The total quarterly revenue was 42.9billion yuan,a year-on-year increase of 23.6%.Auobile sales amounted to 41.3 billion yuan, ayear-on-year increase of 22.9%. The quarterly netprofit ws 2.8 billion yuan, a year-on-year increase of0.ccording to the US Generally Accepted Accounting Principles, the net profit was 3.9 billion yuan, ayear-on-year increase of 11.1%. in the third quarterthe total number of car deliveries was 152.831
million, a year-on-year increase of 45.4%
Cyrus releases its third quarter report for 2024. Theoperating revenue for the first three quarters was106.627 billion yuan, a year-on-year increase of; Net profit was 4.038 billion yuan. In thetird quarter, the operating revenue reached 41.582billion yuan, a year-on-year increase of 636.25%;Realize a net profit of 2.413 billion yuan attributableto shareholders of the listed company
Changan Automobile disclosed its third quarterreport for 2024. The company achieved a revenue of110.96 billion yuan in the first three quarters, ayear-on-year increase of 2.54%; The net profitattributable to shareholders of the listed companwas 3.58 billion yuan, a year-on-year decrease of63.78%.Among them, the operating revenue in thethird quarter was 34.237 billion yuan, a year-on-year dcase of 19.85%; The net profit attributable toshareholders of the listed company was 748 millionyuan, a year-on-year decrease of 66.44%.
Guangzhou Automobile Group releases its thirdquarter report for 2024. The revenue for the firstthree quarters was 74.04 billion yuan, a year-on-yeadecrease of 24.18%.In the first three quarters, theprofit was 120 million yuan, a year-on-year decreasef 97.34%.The revenue for the third quarter was28.233 billion yuan, a year-on-year decrease of21.73%; The third quarter incurred a loss of 1.396billion yuan.
NIO releases its Q3 2024 financial report. Thetotal quarterly revenue was 18.6735 billion yuar(apromately 2.661 billion US dollars).ayear-on-year decrease of 2.1% and a month onmonincrease of 7.0%.Among them, automobilesales amounted to 16.6976 billion yuan, a year-on-year decrease of 4.1% and a month on monthincrease of 6.5%.The quarterly net loss was 5.0597billion yuan, with a year-on-year increase of 11.0%and a month on month increase of 0.3%. Accordingto ⓁS Generally Accepted Accounting Principlestjusted net loss was 4.4126 billion yuan, aninca of 11.6% year-on-year and a decrease of mnth on month. In the third quarter, NlOdelivered 61855 vehicles (including 61023 NIOvehicles)ONVO's 832 vehicles increased by 11.6% yearo-year and 7.8% month on month.
Author:Jack
Position:General manager
