According to the information disclosed by the manufacturers, the number of joint venture brand new cars will decrease, and new brands of self-owned brands will show a small upsurge.
In stark contrast to the decrease in the number of joint venture brands, new brands of self-owned brands will form a small upsurge in going public next year. Because this year has seen an upsurge of non-automotive companies rushing into the automotive industry, several companies will launch their first new car next year. For instance, BYD Auto, which is the main operator of Qinchuan, will launch a "BYD" brand sedan in the new year, with a displacement of 1.6 liters and a price of around 70,000 yuan. There are also waveguides will also be launched this year a 1.6-liter "Bird" brand cars, the price is also below 70,000 yuan.
Following the successful launch of the Zhonghua sedan in 2002, the leading brand in its own brand will launch another mid-size sedan this year. At present, Brilliance Jinbei did not disclose the details of this new car, but it was clearly a completely different car from China. Chery launched three cars in one breath in 2003. The speed of pushing new cars this year will surely slow down, and the new car has already been identified as a mid-range SUV. Geely launched the Leopard sports car, and this year it will be possible to launch another car to boost the company's sales. Hafei Motors will launch two sedan cars this year after launching Lubao. Tianjin FAW will also launch a sedan similar to the Vios. The overall characteristic of these new cars is that the brand is not as strong as a joint venture brand, but the price is very advantageous, which is also a magic weapon for small brand competition.