According to Xinhua News Agency, the Shanghai Free Trade Zone’s pilot project of “parallel import of automobiles†has made new progress. The Shanghai Municipal Commission of Commerce announced the first batch of 17 pilot enterprises on the 10th. This means that parallel imported cars that were previously in the gray area can be sold in a sunny manner, changing the pattern that consumers can only buy cars from a single channel in 4S stores.
Parallel imported cars refer to cars that are not authorized by the brand manufacturer and purchased by the traders from overseas markets and introduced into the Chinese market for sale. According to the notice of the Shanghai Municipal Commission of Commerce, there were 17 companies in the first batch of pilot projects, 8 of which were Shanghai enterprises and 9 were foreign provinces and municipalities. These approved pilot enterprises can start selling parallel imported cars after completing the procedures for automatic import licenses for mechanical and electrical products.
At present, in the Shanghai Free Trade Zone, dealers have begun to accept consumer bookings for parallel imported cars. According to the sales staff's quotation, the BMW X5 and other luxury cars imported in parallel are at least 10% cheaper than the domestic 4S shop.
Although the price of parallel imported cars is relatively cheap, the short board is that they cannot enjoy the three bags and after-sales service of domestic brand 4S stores. To this end, relevant parties have begun to build a comprehensive maintenance service center near the free trade zone to provide after-sales service for parallel imported cars to eliminate the worries of consumers.
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