September and October have always been the traditional peak season for the auto market. It is called “Golden 9 Silver 10â€. However, this year's domestic auto market growth has been slow and inventory pressure is high. Can the “Golden 9 Silver 10†that will come soon boost domestic auto market?
The performance of the auto market in the first 8 months is not too bad The production and sales statistics of the China Association of Automobile Manufacturers in August will not be released until around September 10. However, judging from the feedback from car manufacturers and distributors, it is expected that car sales in August will remain the same as in July and will maintain a scale of approximately 1.4 million vehicles.
If the auto sales in August reached 1.4 million, then domestic auto sales (wholesale, including exports) will reach 12.38 million in the first eight months of this year, with an average of 1.55 million vehicles per month, a slight increase from the same period of last year.
According to statistics from the China Automobile Association, this year's domestic auto market has two distinct features. First, sales of passenger cars are better than those of commercial vehicles. Second, SUVs and cars are growing faster. Despite the downturn in the auto market, the sales growth of cars still reached 5.91 per cent, while sedan sales accounted for nearly 55 per cent of all car sales and nearly 69 per cent of passenger car sales. The most competitive market segment in the auto market is the car market.
Multiple factors are conducive to the growth of the auto market Domestic automobile manufacturers and distributors have placed great expectations on this year's "Jin 9 Silver 10" and hope to expand the sales of cars through the peak season. Coupled with the hikes at the end of the year, sales performance can be improved throughout the year.
According to Jian Jianhua, deputy secretary-general of the China Automobile Association, the private car purchase will return to stable growth as some local governments gradually launch policies to stimulate auto consumption. It is expected that the annual sales of cars will reach more than 11 million, which is an increase of about 10% from the previous year. The market demand for SUVs continues to be strong, with annual sales of approximately 2.07 million vehicles, an increase of 30%.
Luo Lei, deputy secretary-general of the China Automobile Dealers Association, told Xinhua News Agency reporters that, according to a sample survey conducted by the Association of Automobile Manufacturers, inventory levels of car dealers have dropped significantly in July and will continue to decline in August. In addition, the previous price wars also showed signs of declining, and the car prices stabilized. The stable and rebounding prices will stimulate many consumers to buy cars. This year's “Golden 9 Silver 10†will bring a certain degree of boost to the auto market.
Liu Jinliang, vice president of Geely Automobile, said that from previous years' experience, car sales are generally better than the first half in the second half, 45% in the first half, and 55% in the second half. The second half of the year is mainly concentrated in the last 4 months. He believes that the recent intensive launch of a number of new and more competitive automobile models by domestic automakers will also help boost the auto market.
A breakthrough of 20 million this year is somewhat suspended by the China Automobile Association. It is expected that domestic auto sales in 2012 will increase by 5% to 8%. If it can achieve 8% growth, the annual sales of automobiles will exceed the 20 million mark for the first time.
However, some analysts believe that the sales growth of domestic automobiles in the first seven months of the year was only 3.56%, and it is expected that this will be maintained in the first eight months. It is very difficult to increase the annual increase to 8% in the last 4 months. It is estimated that the annual automobile sales will increase by about 5% to about 19.5 million vehicles. To break through the 20 million mark, I'm afraid we have to wait another year.
Wu Wei, researcher of the Industry Coordination Department of the National Development and Reform Commission, believes that this year's car sales growth slowed down, mainly because the auto market entered a period of low growth. The production and sales of domestic automobiles have reached more than 18 million, and have become the world's largest auto market for three consecutive years. It is impossible to maintain rapid growth on such a high base for a long time.
According to statistics from the Traffic Management Bureau of the Ministry of Public Security, as of the end of June this year, the number of civilian vehicles in the country was 114 million, minus 13 million three-wheeled vehicles and low-speed trucks, and the number of civilian vehicles was just over 100 million. Among them, private cars and SUVs and MPVs used for consumption are roughly around 50 million. Some analysts believe that the limit of vehicle ownership in China is 250 million vehicles, and there is still a large market space. In the long run, the rigid demand for Chinese cars will exist for a long time.
The performance of the auto market in the first 8 months is not too bad The production and sales statistics of the China Association of Automobile Manufacturers in August will not be released until around September 10. However, judging from the feedback from car manufacturers and distributors, it is expected that car sales in August will remain the same as in July and will maintain a scale of approximately 1.4 million vehicles.
If the auto sales in August reached 1.4 million, then domestic auto sales (wholesale, including exports) will reach 12.38 million in the first eight months of this year, with an average of 1.55 million vehicles per month, a slight increase from the same period of last year.
According to statistics from the China Automobile Association, this year's domestic auto market has two distinct features. First, sales of passenger cars are better than those of commercial vehicles. Second, SUVs and cars are growing faster. Despite the downturn in the auto market, the sales growth of cars still reached 5.91 per cent, while sedan sales accounted for nearly 55 per cent of all car sales and nearly 69 per cent of passenger car sales. The most competitive market segment in the auto market is the car market.
Multiple factors are conducive to the growth of the auto market Domestic automobile manufacturers and distributors have placed great expectations on this year's "Jin 9 Silver 10" and hope to expand the sales of cars through the peak season. Coupled with the hikes at the end of the year, sales performance can be improved throughout the year.
According to Jian Jianhua, deputy secretary-general of the China Automobile Association, the private car purchase will return to stable growth as some local governments gradually launch policies to stimulate auto consumption. It is expected that the annual sales of cars will reach more than 11 million, which is an increase of about 10% from the previous year. The market demand for SUVs continues to be strong, with annual sales of approximately 2.07 million vehicles, an increase of 30%.
Luo Lei, deputy secretary-general of the China Automobile Dealers Association, told Xinhua News Agency reporters that, according to a sample survey conducted by the Association of Automobile Manufacturers, inventory levels of car dealers have dropped significantly in July and will continue to decline in August. In addition, the previous price wars also showed signs of declining, and the car prices stabilized. The stable and rebounding prices will stimulate many consumers to buy cars. This year's “Golden 9 Silver 10†will bring a certain degree of boost to the auto market.
Liu Jinliang, vice president of Geely Automobile, said that from previous years' experience, car sales are generally better than the first half in the second half, 45% in the first half, and 55% in the second half. The second half of the year is mainly concentrated in the last 4 months. He believes that the recent intensive launch of a number of new and more competitive automobile models by domestic automakers will also help boost the auto market.
A breakthrough of 20 million this year is somewhat suspended by the China Automobile Association. It is expected that domestic auto sales in 2012 will increase by 5% to 8%. If it can achieve 8% growth, the annual sales of automobiles will exceed the 20 million mark for the first time.
However, some analysts believe that the sales growth of domestic automobiles in the first seven months of the year was only 3.56%, and it is expected that this will be maintained in the first eight months. It is very difficult to increase the annual increase to 8% in the last 4 months. It is estimated that the annual automobile sales will increase by about 5% to about 19.5 million vehicles. To break through the 20 million mark, I'm afraid we have to wait another year.
Wu Wei, researcher of the Industry Coordination Department of the National Development and Reform Commission, believes that this year's car sales growth slowed down, mainly because the auto market entered a period of low growth. The production and sales of domestic automobiles have reached more than 18 million, and have become the world's largest auto market for three consecutive years. It is impossible to maintain rapid growth on such a high base for a long time.
According to statistics from the Traffic Management Bureau of the Ministry of Public Security, as of the end of June this year, the number of civilian vehicles in the country was 114 million, minus 13 million three-wheeled vehicles and low-speed trucks, and the number of civilian vehicles was just over 100 million. Among them, private cars and SUVs and MPVs used for consumption are roughly around 50 million. Some analysts believe that the limit of vehicle ownership in China is 250 million vehicles, and there is still a large market space. In the long run, the rigid demand for Chinese cars will exist for a long time.
Aerobic Stepper,Cardio Stepper,Aerobic Step Board,The Step Aerobic Stepper
Nantong Detian Fitness Equipment Co.,Ltd , https://www.detianfitnessequipment.com