Automobile Market Sales Is Not Optimistic
China Automotive Technology and Research Center reports that in July the national
output of vehicles reached 1.238 million sets, chains relative down 4.34%, year-on-year up 12.88%; sales completed 1,056,200 sets, chains relative down 6.70%, year-on-year increase 17.18%. From January to July, the cumulative vehicle production and sales were 9,710,300 sets and 8,241,400 sets respectively, year on year growth of 39.42% and 28.58%.Data shows that, in July the monthly growth in vehicle inventory cycle still continued increase, from June's 55 days increase to 58 days.
Expert forecasts that July is the traditional low season, due to variety of new cars listed in the market; dealers increased sales, passenger market performed well in July. The commercial market seasonal variation is very obviously; there are four sub-models with different degrees of decline.
In August, due to high temperature as well as equipment maintenance and other factors, the vehicle production will continue lower. Moreover, August is the off-season for automobile's sales, coupled with pressure from large dealer inventories, so it is expected that auto market in August will be weak.
Beijing most of the automobile brand distributors all feel more inventory pressure, the capital stock makers monthly pressure rise, Beijing now has more than 400 automotive 4S shops, to the end of the year will increase to 50 or 60, competition brutal is all brand of dealers pressure reasons.
According to the gas center database shows that passenger car sales in July, decreased 3.44 %, the first energy-saving list involved in 16 enterprises produced 71 energy products, the sales volume of July was 57,353 sets, which up 11.75% compared with June.
This policy also contributed to part of the models, which without the subsidies, so in July below 1.6L automobile's sales increased, so policy pulling effect is very obviously.
It is predicts that in the next month, as auto corporate generally leave high temperature holiday and equipment maintenance and other reasons, vehicle production may continue to lower.
Expert analyzes that followed by monthly decline in auto production and sales, the car's production and sales in July and August was also low, but in September and October auto market sales will warming. Furthermore, November and December auto market sales will reach a new peak season.
This year automobile market although is not optimistic, but do not need to worry about it, at the end of year the automobile market will turn a good momentum.
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