The latest Fortune Global 500 list is announced. In terms of the number of listed companies, a total of 23 car companies entered the list, including 6 Chinese car companies. The first Chinese car company is still SAIC. Chinese car companies have also increased in rankings, especially Geely, and even increased by 76.
    The Chinese automakers on the list are (ranked by rank): SAIC, Dongfeng, BAIC, FAW, GAC and Geely. SAIC has increased by 5 places compared with last year, Dongfeng has increased by 3 places, BAIC has increased 13 places, GAC has increased 36 places, Geely has increased 76 places, and FAW has maintained its ranking. SAIC ranks first among the top 500 auto companies in China. Geely is the only private company on the list and the fastest in rankings.
    In addition, Changan Automobile is affiliated to China Ordnance Equipment Group Co., Ltd. (No. 242 in 2018), so it is not counted in the ranking of car companies.

Toyota, Volkswagen, Daimler take the top three

 In this world's top 500 auto segment, Toyota surpassed the Volkswagen Group for the first time in 2017 and re-elected the championship this year, ranking 6th with revenue of 265.172 billion US dollars, followed by Toyota Volkswagen, with 2602.28 The revenue of 100 million US dollars ranked seventh. However, it is worth noting that although the operating profit has increased, the rankings of Toyota and Volkswagen have fallen by one place from 2017.

Ranked third in the automotive sector is luxury car manufacturer Daimler, which ranked 16th in the total ranking of $185.235 billion in revenue, up one place from 2017.

US general losses are serious

In this list, the US car companies GM, Ford rankings only depend on each other, the situation is very different. GM ranked 21st with revenues of $157.31 billion, but its profits were the only car companies with negative numbers in the list of cars, with losses of $3.864 billion. The analysis believes that its decline in net profit is closely related to the shrinking of the North American market, the world's major automotive market.

The same US-based Ford ranked 22nd with a revenue of 156.78 billion US dollars, a one-off compared with 2017, with a profit of 7.6 billion US dollars.

SAIC continues to be the leader of Chinese car companies

SAIC is still the leader of Chinese car companies. The 2017 consolidated statement ranked 36th in the world's top 500 with sales revenue of US$128.82 billion, ranking seventh in the global automotive industry.

SAIC Group can be the leader of Chinese car companies for no reason, its three joint ventures are strong in the market; in addition, by strengthening its core technology research and development capabilities, constantly improving product layout, and deepening the integration of “four” and automobiles A series of initiatives, the two major independent brands of SAIC Group also emerged in the industry, the brand image has steadily improved, and the overall development pattern of joint venture and independent wings has emerged.

The response on the data is more direct. In the first half of this year, SAIC Group's cumulative sales reached 3.52 million units, an increase of 10.88% compared with the same period last year. As the sales force, SAIC Volkswagen, SAIC-GM and SAIC-GM-Wuling helped SAIC Group to support a strong sales base with a total sales volume of nearly 3 million units. The self-owned brand became the new engine for the Group to drive growth in the first half of the year. During the same period, it increased by 53.67%. Through innovation and transformation, SAIC Group has deeply explored the deep integration of Internet technology and automobile industry, accelerated the improvement of core competitiveness, and promoted the continuous strengthening of enterprises.

New energy advantages highlight the rise of the top 500 of the BAIC world, ranking 13th

In recent years, with the development trend of new energy, BAIC Group has made its ranking in the international auto industry continue to rise. It has been selected as one of the “Top 500 Enterprises of the World” for the sixth consecutive year, and has maintained its ranking increasing year after year. In the 2018 World Top 500, BAIC Group ranked 124th, an increase of 13 from last year

In the first half of this year, whether it was sales, operating income or profit growth, BAIC Group submitted a gratifying transcript, in which the vehicle sales reached 1.203 million units, an increase of 7.6%. At the same time, the efficiency index reached a new high, operating income increased by 9.5% year-on-year, and total profit increased by 17.0%.

Recently, BAIC Group is also actively promoting reforms, from traditional manufacturing to manufacturing service-oriented and innovative enterprises. On the one hand, through deepening cooperation with Mercedes-Benz and Hyundai, we will continue to build high-end products; and accelerate new energy strategies. Implementation, increase R&D investment, expansion and mastery of new technologies.

FAW is consistent with last year's ranking

As the "eldest son of the Republic", FAW Group ranked 125th among the world's top 500 in 2018, consistent with last year's ranking. In the first half of this year, China FAW sold a total of 1.712 million vehicles, an increase of 7.1% year-on-year. FAW-Volkswagen, the leader of the joint venture brand, continued to maintain its hot sales momentum. Under the upgrade of the brand strategy, the sales of the Hongqi brand also increased significantly, with a cumulative sales volume of 9,363 units.

Since Xu Liuping took charge of China FAW last year, FAW has carried out a series of drastic reforms in personnel changes and institutional adjustments, and initiated strategic cooperation with many parties to actively promote the pace of state-owned reform. At present, China's auto market is ushered in a more open development environment, and the auto industry is also in an important period of change. FAW must give full play to global resource advantages, promote industrial transformation and upgrading, and realize the revitalization of old industrial bases.

Ranked 65th among the top 500 of the Dongfeng World

As the second largest automobile group in China, Dongfeng Group ranks 65th among the world's top 500 companies.

Dongfeng Group has a very large and complex architecture, including Nissan, Honda, Renault, PSA, Infiniti and other joint ventures. Its own brands include Fengshen, Fengguang, Fengxing, Fengdu and Qichen. However, from the market performance in the first half of the year, the Group's cumulative sales volume was 1,150,100 units. In many joint ventures and independent brands, there were basically different sales declines, and Dongfeng Nissan and Kaichen's double-digit growth saved. The situation of Dongfeng Motor achieved a slight increase of 2.64% in the first half of the year.

However, with the acceleration of market-oriented reforms, Dongfeng, FAW and many other state-owned car companies have begun to adjust assets to different degrees and concentrate their superior resources. At the end of last year, FAW, Dongfeng and Changan officially signed strategic cooperation, and will carry out all-round cooperation and sharing in the fields of forward-looking common technology innovation, automobile full-value chain operation, joint out-going “going out” and exploring new business models. Cooperation results. We want to deepen cooperation in all aspects and enhance the core capabilities and international competitiveness of the three parties

Steady growth, ranked No. 202 in the Guangzhou 500

In the past two years, GAC has developed rapidly, ranking 202nd in the world's Fortune 500 in 2018, up 36 places from last year.

In the first half of this year, Guangzhou Automobile Group's cumulative production and sales of automobiles exceeded 1 million units, achieving steady growth. At the same time, the profitability of GAC Group is also rising year by year. In 2017, the total operating income was 71.575 billion yuan. The net profit attributable to owners of the parent company was 10.86 billion yuan, an increase of 71.53% over the same period of the previous year.

Good profitability provides financial support for GAC's R&D investment in new energy vehicles and autonomous driving, and new energy models and technologies independently developed will be introduced to joint venture vehicles. GAC Group will continue to enhance the competitiveness of its own brand products, including new energy products. It is estimated that by 2019-2020, two new designs, new platforms and pure electric vehicles with a cruising range of more than 500 kilometers will be launched every year.

Geely ranks the fastest jump

Geely has developed rapidly in recent years. In the 2018 World Top 500, Geely ranked 267th, up 76 points from last year, becoming the fastest growing Chinese car company. In the first half of this year, sales volume surged by 44%, and total sales reached 767,000 units. Geely currently has a good development speed in both new brands, new energy sources and overseas markets.

Its own high-end brand, Lectra, has been fully recognized by the market. The sales volume of the Lectra 01 has reached 52,264 units in 7 months. With the listing of the Lectra 02, it will become a new driving force for the sales of the Lectra brand in the first half of the year. In the field of new energy, Geely defines this year as the first year of the full era of new energy vehicles.

Starting with Borui GE, all new products of Geely Automobile will be fully electrified in the future. At the same time, Geely Automobile also promised that more than 30 new energy and energy-saving models will be introduced to the market in the next three years. For overseas markets, Geely has already set its sights on Europe. Both the Geely brand and the Lectra brand have launched the corresponding “European strategy”.

Chinese car companies continue to grow, but profits and R&D investment are still short-board

In recent years, the growth of Chinese auto companies in terms of scale and volume is still very significant. Behind the growing scale of Chinese auto companies, we should also clearly see the gaps and gaps between China's auto manufacturing industry and international advanced levels. The Chinese auto market has been the title of “Automobile Production and Sales First” for many years in the world, but the overall auto industry is showing the phenomenon of “big but not strong”.

From the list of the world's Fortune 500, the profitability of Chinese car companies is still low. The total profit of the six Chinese car companies on the list is 13.71 billion US dollars. Although the profit level has improved from last year, it is the highest from the operating profit. The Toyota gap is still evident. In addition, from the research and development investment of car companies, taking the data of R&D investment of some enterprises at home and abroad in 2017 as an example, the total investment in R&D investment of the top ten auto companies in China is less than one-third of that of the public, less than half of that of Toyota. The serious shortage of R&D investment is also a major obstacle to the Chinese auto industry. In the introduction and absorption of international advanced technology, Chinese car companies also need to be strengthened to consolidate the core technology support for the automotive industry.

Faced with the reconstruction of the automobile industry from the “new four” to the mobile travel mode, new energy and smart cars will become the biggest opportunity and opportunity for Chinese auto companies to catch up with multinational auto giants. The gap between Chinese auto companies and the international level will also change the status quo by expanding the trend of opening up and new energy development, and provide a new platform for China to build a car power.