Overviewof the luxury car market in 2016, sales of more than 2 million for the firsttime is the big breakthrough

桑之未 汽車(chē)流通行業(yè)分析師 中國(guó)汽車(chē)流通協(xié)會(huì)專(zhuān)家委員會(huì)成員

     By Sang Zhiwei

  Expert and Member of the Committee of China Automobile Dealers Association（CADA）

（The English part is translated by Memory MA）

2016年，中國(guó)豪華車(chē)市場(chǎng)規(guī)模首次突破200萬(wàn)輛，14個(gè)豪華品牌總共銷(xiāo)售了2,178,099輛，同比增長(zhǎng)16.3%，領(lǐng)漲乘用車(chē)市場(chǎng)。歲末年終，豪華車(chē)企紛紛公布了銷(xiāo)售業(yè)績(jī)，透過(guò)數(shù)字看“含金量”，綜合實(shí)力高下立現(xiàn)。

In 2016,the sales volume of luxury car is more than 2 million for the first time inChina market. 14 luxury brands sold 2,178,099 cars in total, with a YoY growthof 16.3%, leading in the whole passenger car market. At the end of the year,luxury car companies have announced the sales performance, through which wecould clearly see the exclusivity and the comprehensive strength.

購(gòu)置稅政策助力利潤(rùn)回穩(wěn)，新品集中投放

2016年整體車(chē)市受益于購(gòu)置稅減半政策，從而也帶動(dòng)了豪華車(chē)市場(chǎng)快速增長(zhǎng)；各豪華品牌集中在中型轎車(chē)、中型SUV領(lǐng)域投放新產(chǎn)品；奔馳E、奧迪A4、凱迪拉克XT5、捷豹XFL、沃爾沃S90、謳歌CDX等豪華品牌新車(chē)車(chē)型集中上市，在定價(jià)策略上各品牌放棄了高定價(jià)再打折銷(xiāo)售的傳統(tǒng)定價(jià)策略，定價(jià)做到一步到位而引發(fā)市場(chǎng)熱銷(xiāo)。

Purchase tax halve policy helps with the profitability, and new product werelaunched intensively

In 2016 the auto market benefitted from taxhalve policy, which also instilled impetus of fast development to the luxurysegment. The luxury brands focus on and launched the new products of midsizesedans, mid-sized SUV, like Mercedes-Benz revamped E-Class, Audi A4, Cadillac EXT5, Jaguar XFL, Volvo S90, Acura CDX and so forth. The new products listedreached the designated position in pricing strategy other than the previouspractice of high priced at a discount, which has made the cars like hot cakes.

2016年上半年豪華品牌價(jià)格戰(zhàn)進(jìn)一步加劇，寶馬、奧迪多款暢銷(xiāo)車(chē)型維持8折左右，下半年車(chē)市在購(gòu)置稅減半即將結(jié)束的預(yù)期帶動(dòng)下，購(gòu)車(chē)需求放大，各品牌積極調(diào)整產(chǎn)品結(jié)構(gòu)以及銷(xiāo)售策略，終端零售價(jià)格進(jìn)一步回升，車(chē)企經(jīng)銷(xiāo)商利潤(rùn)回升。

The price war among luxury brandsintensified during the early half of 2016, many popular models under BMW andAudi maintain around 20% discount. The auto purchase needs have been amplifiedled by the ending of purchase tax halve policy in the next half of the year,therefore the OEMs actively adjusted the product segment and sales strategy toensure the retail prices rebound, and also resulted in more profit for automakersand dealers.

銷(xiāo)售遇困 豪華車(chē)企銷(xiāo)售老大換將頻繁

今年一個(gè)顯著特點(diǎn)就是豪華車(chē)銷(xiāo)售管理團(tuán)隊(duì)更迭頻繁，年初從英菲尼迪開(kāi)始、賓利、寶馬、沃爾沃、保時(shí)捷、奧迪、捷豹路虎等均更換了銷(xiāo)售負(fù)責(zé)人，車(chē)企在考慮人選時(shí)多數(shù)從內(nèi)部體系選拔，或者外聘行業(yè)資深人士，普遍具有基層銷(xiāo)售經(jīng)驗(yàn)，新的管理者到任后，比較重視經(jīng)銷(xiāo)商盈利狀況，努力改善與經(jīng)銷(xiāo)商關(guān)系，傾聽(tīng)經(jīng)銷(xiāo)商意見(jiàn)，調(diào)整產(chǎn)品定位，改進(jìn)商務(wù)政策，均取得很好的成果。

Sales in trap and executives responsiblefor sales in luxury brands have been replaced frequently 
Another phenomenon in luxury auto brands is that the sales heads of severalbrands have been replaced. Starting from Infiniti in the beginning of the year,Bentley, BMW, Volvo, Porsche, Audi, Jaguar and Land Rover and so forth listedall changed their sales executive. When considering the candidate from internalsystem promotion, or external veteran who, generally has the sales experienceat the grass-roots level. Most of them will maximize the dealer profitability,and improve the relationship by listening more to dealers, adjusting theproduct positioning, optimizing the business policy, and it works pretty well

一線豪華：奔馳搶眼  寶馬蓄勢(shì)

2016年奔馳繼續(xù)保持一線豪華品牌增長(zhǎng)最快記錄，在提升銷(xiāo)量的同時(shí)，奔馳進(jìn)一步加深與戰(zhàn)略經(jīng)銷(xiāo)商互動(dòng)，提升網(wǎng)絡(luò)效率，改善新建店經(jīng)銷(xiāo)商的盈利性。奔馳E、GLC等多款持續(xù)熱銷(xiāo)，部分車(chē)型在零售市場(chǎng)均一車(chē)難求。奔馳在營(yíng)銷(xiāo)模式上不斷創(chuàng)新，Mercedes me三里屯體驗(yàn)店的開(kāi)業(yè)，使得奔馳品牌能夠更“輕”的方式與消費(fèi)者觸達(dá)，為豪華品牌在4S店體系之外探索一條與潛在客戶接觸的新方法。

Topwell-known brands of luxury: Mercedes-Benz outshines others, BMW rises based onits accumulated strength
In 2016, Mercedes-Benz maintains the fastest growthrecord in sales increase in top well-known brands of luxury market. At the sametime of sales increase, Mercedes enhanced the interaction with its strategicdealers to promote the network efficiency, and improve the new dealers'profitability. New products like Mercedes E and GLC continues its popularity inthe market, some specific models have even been sold out. Mercedes alsoinitiated innovations in marketing, the opening of Mercedes Me in Sanlitunoffers an emotional bridge to reach consumers, which explored a new path totouch potential consumers out of 4S stores.

寶馬在2016年繼續(xù)調(diào)整銷(xiāo)售策略，改善經(jīng)銷(xiāo)商關(guān)系，調(diào)整商務(wù)政策，新款X1上市后逐漸熱銷(xiāo)，去年銷(xiāo)量達(dá)5.5萬(wàn)輛；寶馬5系超越奧迪A6L成為這個(gè)細(xì)分市場(chǎng)新銷(xiāo)量王。2017年寶馬1系、5系兩款產(chǎn)品推出，可以有效改善寶馬產(chǎn)品結(jié)構(gòu)，有利于進(jìn)一步提升利潤(rùn)。

BMW in 2016 continued to adjust sales strategy including improvingthe relationship with dealers, and adjusting the business policy. The new X1 keepshot selling after launched with 55,000 vehicles sold in total in 2016. Takingover Audi A6L, BMW 5-series has become the new sales king of the segment. The launchof BMW 1-series and 5-series will optimize the product structure effectively,and boost further profits.

奧迪蟬聯(lián)銷(xiāo)量第一 重構(gòu)經(jīng)銷(xiāo)商車(chē)企和諧關(guān)系

2016年奧迪銷(xiāo)量達(dá)589,088輛，繼續(xù)領(lǐng)跑一線豪華，但增幅放緩。奧迪在2016年多款量銷(xiāo)車(chē)型到了產(chǎn)品末期，銷(xiāo)售管理團(tuán)隊(duì)人員更換均對(duì)其產(chǎn)品、管理產(chǎn)生一定的消極影響。“上汽奧迪”事件促進(jìn)了車(chē)企與經(jīng)銷(xiāo)商互動(dòng)，經(jīng)銷(xiāo)商在渠道的話語(yǔ)權(quán)進(jìn)一步增加。2017年換代新車(chē)奧迪Q5、A3均是走量車(chē)型，有利于提升奧迪銷(xiāo)量。 

Audi's sales ranks firstagain, and will rebuild harmonios relationship with dealers

Audi sold 589,088 units in 2016, continuing leading the top luxurybrands while the growth rate is slowing down. Some flagships have been at theend of the product life, and the change of sales head and also the salesmanagement team produce certain negative impact on all of its products and management."SAIC-Audi"event promoted the car companies to interact with dealers and distributors,which shown that the power of channel increases. In 2017 new Audi Q5, A3 are bothpopular models which will help to improve the audi sales.      

二線豪華三家車(chē)企銷(xiāo)量越級(jí)10萬(wàn) 雷克薩斯精細(xì)管理值得回味

3 ofthe second tier brands sold more than 100,000, and the lean management of Lexusis a good case.

今年奔馳、雷克薩斯、保時(shí)捷等品牌，經(jīng)銷(xiāo)商新車(chē)毛利維持在7%上下，成為最為賺錢(qián)的品牌，雷克薩斯車(chē)輛從出港到銷(xiāo)售出去平均為16天，如果扣除物流時(shí)間，實(shí)際的店頭庫(kù)存時(shí)間會(huì)更短，成為業(yè)界單車(chē)流轉(zhuǎn)、資金流轉(zhuǎn)最快的品牌，經(jīng)銷(xiāo)商也節(jié)省一大筆財(cái)務(wù)費(fèi)用。2016年對(duì)于雷克薩斯來(lái)說(shuō)，沒(méi)有什么走量的新產(chǎn)品，但雷克薩斯通過(guò)精細(xì)化的銷(xiāo)售管理，全年銷(xiāo)量突破10萬(wàn)輛，達(dá)到109,150輛，增速25.6%；在保持銷(xiāo)量快速增長(zhǎng)的同時(shí)，經(jīng)銷(xiāo)商新車(chē)毛利也得到快速增長(zhǎng)，2017年銷(xiāo)量目標(biāo)增幅不大，預(yù)計(jì)延續(xù)去年旺銷(xiāo)的態(tài)勢(shì)。

This year, Mercedes-Benz, Lexus, Porsche and other brands, the grossmargin of new cars for dealers maintained around 7%, and became the mostprofitable brand. It takes Lexus vehicles an average of 16 days from the portto selling out, if deducting logistics time, the actual store inventory timewill be even shorter, so Lexus become the fastest brand on product flowing andcapital recycling, dealers also save a lot of financial costs. For Lexus, thereis no new product of mass popularity, while Lexus has got more than 100,000sales volume, reaching 109,150 units, with 25.6% growth through the lean salesmanagement; while maintaining rapid growth in sales, gross profit of dealers hasalso been rapid growing, in 2017 the expected sales growth is not so large, stillto continue the trend of strong sales last year.

捷豹路虎全年銷(xiāo)量為119,048輛，增長(zhǎng)31%，受益于國(guó)產(chǎn)車(chē)型的銷(xiāo)量提升。2016年捷豹在中國(guó)國(guó)產(chǎn)全鋁車(chē)身的XFL，這在國(guó)內(nèi)汽車(chē)制造行業(yè)還是首次生產(chǎn)全鋁的汽車(chē)產(chǎn)品。捷豹路虎2016年更換中國(guó)區(qū)管理層，潘慶出任捷豹路虎全球董事、捷豹路虎中國(guó)總裁及奇瑞捷豹路虎董事，這也是國(guó)人首次在跨國(guó)車(chē)企出任全球董事。捷豹路虎在華發(fā)展的同時(shí)在體育、教育、道路安全等諸多方面積極開(kāi)展社會(huì)公益項(xiàng)目，以捷豹路虎夢(mèng)想基金為載體，旨在讓中國(guó)20萬(wàn)青少年通過(guò)這一項(xiàng)目的系列活動(dòng)受益。

Jaguar Land Rover sold 119,048 cars thisyear with an increase of 31%, benefiting from the growth of local produced models.In 2016 Jaguar started to produce aluminum-body XFL in China, which is thefirst production of all aluminum automotive product produced in local autoindustry. Jaguar Land Rover replaced the management of China, Pan Qing becametheExecutive Director, President of Jaguar Land RoverChina and Chery Jaguar Land Rover Integrated Marketing Sales and Service,which is the first time a Chinese became global head of an international automaker. While regarding the business development in China, Jaguar Land Rover alsocarried out social welfare projects in sports, education, road safety and manyother aspects, these projects are based on Jaguar Land Rover Dream Fund, and designedto benefit China's 200,000 young people through the series activities.

在二線豪華品中，還有一個(gè)品牌值得關(guān)注---凱迪拉克，全年增長(zhǎng)47.5%銷(xiāo)量突破10萬(wàn)輛達(dá)118016輛，今年上半年凱迪拉克發(fā)布兩款重量級(jí)新車(chē)CT6、XT5，由于預(yù)期過(guò)高，定價(jià)不合理，上市即滯銷(xiāo)，不得不繼續(xù)依靠老車(chē)XTS跑量。下半年凱迪拉克開(kāi)啟跑量模式，連續(xù)多個(gè)月份批發(fā)超過(guò)1萬(wàn)輛，經(jīng)銷(xiāo)商庫(kù)存不斷增加，迫于資金壓力，經(jīng)銷(xiāo)商在市場(chǎng)上讓價(jià)甩賣(mài)，最高折扣達(dá)68折，入門(mén)級(jí)車(chē)型ATS-L一度成為這個(gè)級(jí)別最便宜的車(chē)型。

Among the second-tier brands, Cadillac is the one need to be paid moreattention to, which enjoyed a 47.5% yearly increase on sales volume. There are118016 cars are sold, exceeding one hundred thousand. Early this year, Cadillaclaunched 2 important new models, the CT6 and XT5, but because of theover-expectation and unreasonable price, they were unsalable as soon as theywere launched, so Cadillac had to increase the volume by the old XTS. Laterthis year, sales volume of Cadillac started to boost, the bulk sale was over 10thousand for several months. But the inventory pressure of the dealers alsokept growing, so the dealers were forced to make great discount on market, thelowest price was 68%, the entry level model ATS-L once became the cheapest oneamong its competitors.

沃爾沃今年也經(jīng)歷管理團(tuán)隊(duì)的更換，不過(guò)全年銷(xiāo)售主題還是“降價(jià)”為主，原本高定價(jià)的XC90進(jìn)入50萬(wàn)區(qū)間開(kāi)始走量，S60L、XC60等產(chǎn)品，保持同價(jià)位區(qū)間最為便宜的車(chē)型，品牌力仍然是其短板，無(wú)法有效支持銷(xiāo)售。

Although Volvo went through a management team change this year, the salesin this year is also discount. The highly-priced XC90 went down into 500thousand section and the volume started to increase. Prices of S60L and XC60 remainthe lowest in their individual section. So brand is still the short slab for Volvo,which cannot provide enough support for sales.

英菲尼迪全年銷(xiāo)量41,590輛，增長(zhǎng)3%，英菲尼迪在遭遇產(chǎn)品召回、沒(méi)有新產(chǎn)品等因素制約，銷(xiāo)售企穩(wěn)實(shí)屬不易，英菲尼迪新構(gòu)建的本土汽車(chē)職業(yè)經(jīng)理人團(tuán)隊(duì)，在新車(chē)定價(jià)方面讓經(jīng)銷(xiāo)商更有利潤(rùn)，對(duì)市場(chǎng)、銷(xiāo)售有更強(qiáng)的敏銳性，在調(diào)整車(chē)企與經(jīng)銷(xiāo)商關(guān)系方面有更為成熟的理念。2016年對(duì)于英菲尼迪來(lái)說(shuō)更是“休養(yǎng)生息”蓄勢(shì)待發(fā)的一年。

The sales volume of Infiniti increased by 3% to 41,590 cars this year. Sufferedfrom drawbacks like recall and without new product, it is really good work to stabilizethe volume. The newly built local management team ensures the profitability ofdealers in pricing, and has sharp sense on marketing and sales, and has matureconcept on coordinating and relationship of manufacturer and dealers. ForInfiniti, 2016 is a year to refresh and as much as a year ready to accelerate.

謳歌今年國(guó)產(chǎn)CDX，讓苦苦支撐多年的經(jīng)銷(xiāo)商開(kāi)始盈利，低定價(jià)，上市即熱銷(xiāo)，可以看到廣汽本田的銷(xiāo)售管理團(tuán)隊(duì)對(duì)謳歌的定位還是比較清晰，2017年將推出國(guó)產(chǎn)入門(mén)級(jí)轎車(chē)TLX，中型SUV RDX則將2018年實(shí)現(xiàn)國(guó)產(chǎn)，預(yù)計(jì)謳歌的銷(xiāo)量將會(huì)持續(xù)增長(zhǎng)。

This year Acura launched localized CDX with low price and sells quitewell, which helps the dealers struggled out of distress and start to makeprofit. The sales management team has a clear expectation for Acura, they willlaunch the localized entry level model TLX in 2017, and then the middle-sizedSUV RDX in 2018. Therefore, we could predict that the volume of Acura will keepgrowing.

林肯今年銷(xiāo)量為32,558輛，增長(zhǎng)300%。林肯銷(xiāo)量快速增長(zhǎng)得益于渠道數(shù)量的增長(zhǎng)與產(chǎn)品均為SUV有關(guān)，年末林肯大陸上市，林肯開(kāi)始進(jìn)入轎車(chē)市場(chǎng)，林肯未來(lái)是否能持續(xù)快速增長(zhǎng)，取決于在轎車(chē)市場(chǎng)的表現(xiàn)。

Lincoln sold 32,558 cars this year and the growing rate is as much as300%. The high growing rate is due to the network development and all the SUVproducts. Lincoln Continental hit the market at the end of the year, whichmeans Lincoln started to entry the sedan segment. The performance in sedanmarket will be the key factor if Lincoln can maintain the high growing rate.

2016年保時(shí)捷銷(xiāo)量為65246輛，增長(zhǎng)12%，單車(chē)均價(jià)進(jìn)一步下探，上半年macan銷(xiāo)量爬上較快，也出現(xiàn)了一定的折扣，卡宴、718仍然是最賺錢(qián)的車(chē)型，下半年P(guān)anamera減量換代后，也已經(jīng)不虧。2016年是保時(shí)捷經(jīng)銷(xiāo)商練“真功夫”的一年，像深圳等南方經(jīng)濟(jì)發(fā)達(dá)地區(qū)的保時(shí)捷店，銷(xiāo)售管理到位，單店衍生收入就達(dá)2000多萬(wàn)，上海地區(qū)價(jià)格拼殺厲害，但售后量大；成都等二線地區(qū)，保時(shí)捷店也有不錯(cuò)的收入。

Porsche sold 65,246 cars with 12% increase in 2016. The average pricewent down for another step. In the early half year the volume of Macanincreased fast, and there was some discount too. Cayenne and 718 remained themost profitable models. In the late half year Panamera stopped loss afterreducing production and changing generation. 2016 is a Kong-fu-practising yearfor Porsche dealers, for example, some Porsche Centers in rich south provincelike Shenzhen can make 20 million derived profit with good sales management. Thereis fierce price competition among 4S stores in Shanghai, but they enjoyedplenty after-sales business. The Porsche dealers in second-tier-cities likeChongqing also earn plenty money.

超豪車(chē)企關(guān)注市場(chǎng)供需，經(jīng)銷(xiāo)商止虧盈利

Super carmanufacturers pay focus on supply-demand relationship, the dealers started tomake profit

2016年瑪莎拉蒂銷(xiāo)量12,149輛，增長(zhǎng)34.9%，得益于新款SUV上市，對(duì)其銷(xiāo)量、經(jīng)銷(xiāo)商利潤(rùn)提升有很大幫助。

Maserati sold 12149 cars with 34.9% increase, and the volume and dealers’profit benefit a lot from the launch of the new SUV.

賓利今年銷(xiāo)量為1894輛，增長(zhǎng)17.28%。年初賓利調(diào)整管理團(tuán)隊(duì)，并有豪華SUV添越和飛馳V8 S等新產(chǎn)品上市，帶動(dòng)其銷(xiāo)量獲得高速增長(zhǎng)，但在終端零售超報(bào)嚴(yán)重，據(jù)相關(guān)人士透露1/3車(chē)輛成為經(jīng)銷(xiāo)商庫(kù)存，由于盈利無(wú)望，部分城市經(jīng)銷(xiāo)商關(guān)店。

Bentley sold 1894 cars with 17.28% increase. Early this year adjusted itsmanagement team, and launched the luxury SUV Bentayga and Flying Spur V8S,which helped to increase the volume at a high rate. But the over-statistics isreally serious at the sales end, it is said that 1/3 of the cars becameinventory of the dealers. And in several cities dealers closed the storebecause they can’t get any profit.

勞斯萊斯今年獲得23%的增長(zhǎng)，超豪近兩年持續(xù)受到整體經(jīng)濟(jì)影響，銷(xiāo)量不大，勞斯萊斯比較重視經(jīng)銷(xiāo)商利潤(rùn)與庫(kù)存，供貨與需求能夠保持一致，經(jīng)銷(xiāo)商能夠?qū)崿F(xiàn)正毛利。

Rolls-Royce enjoyed a 23% increase this year. Hyper car market has beensuffering from the bad economic condition, the volume is low. Rolls-Royce caresmuch about the profit and inventory of its dealers, and keeps the supply-demandbalance, thus the dealers could manage positive gross margin.

法拉利全年批發(fā)數(shù)為415輛，去年交付數(shù)為425輛，受益于低價(jià)車(chē)型488上市，經(jīng)銷(xiāo)商多以訂單方式銷(xiāo)售，資金壓力不大，利潤(rùn)較好。

The bulk sale of Ferrari is 415 this year, comparing to 425 deliverieslast year. Benefiting from the low priced 488 model, the dealers operate inorder-driving pattern, and they don’t have much pressure on cash flow and enjoygood profit.

數(shù)字之外，2016年豪華車(chē)市場(chǎng)還有很多事情值得銘記。這一年，豪華車(chē)企高層變動(dòng)頻仍是歷史罕見(jiàn)的；年終歲末，奧迪宣布與上汽合作引起輿論嘩然；還是這一年，車(chē)企與經(jīng)銷(xiāo)商的合作共贏關(guān)系得到普遍重視。在這個(gè)此消彼長(zhǎng)，競(jìng)爭(zhēng)最為激烈的市場(chǎng)，變數(shù)是常態(tài)，競(jìng)爭(zhēng)是這個(gè)市場(chǎng)的魅力所在。

Beyond the statistics, there are much more things to remember in theluxury car market. This year, the high frequency of management change in luxurycar manufacturers is rare in history. At the end of the year, Audi announcedthe cooperation with SAIC and caused chaos in public voice. This year also, thewin-win relationship between the manufacturers and the dealers becomeconsensus. In the market of the fiercest competition, change is constant, and competitionis where charm exists in the market.