At the national auto information conference in the first quarter of 2014, industry experts predicted that the growth rate of the domestic auto market will continue to fall in the second quarter, but the domestic demand for passenger cars can still maintain a growth rate of more than 12%, and the overall growth rate of automobiles is 5%. ~10%. Among them, the growth rate of imported cars may slow down to below 10%. Electric Floor Scrubber,Tile Floor Scrubber,Tile Floor Cleaning Machine,Automatic Floor Cleaning Machine Nantong Weizhuo Environmental Protection Equipment Co.,Ltd , https://www.natongcwz.com
Liu Ming, director of the Information Resource Development Department of the National Information Center, said that in the first quarter, the domestic auto market growth rate dropped at a high level, but still maintained a high growth rate. The weak macro-level support was the main reason for the decline in the auto market.
He believes that under the overall effect of economic downturn, weak policy, de-capacity, and deleveraging, investment demand will not be greatly improved. The macro economy will not reverse in the second quarter, and consumer confidence will basically stabilize. The growth rate of the domestic auto market will continue to fall in the quarter.
Wang Cun, marketing manager of SINOMACH Co., Ltd., introduced that the total import volume of imported cars in China reached 311,000 units in the first quarter, continuing the supply situation in the second half of 2013. The monthly average import volume exceeded 100,000 units, and the growth rate rebounded to 35.8. %. Since the import volume in the first quarter of 2013 continued the downward trend in the fourth quarter of 2012, the low base in the first quarter of 2013 brought about a rapid increase in customs imports in the first quarter of 2014. Regardless of the volume of imports or sales, SUV is the absolute dominant model in the imported car market, with a market share of around 60%, which is a positive growth year-on-year. It is the only one of the three major models with significant growth.
Wang Cun believes that the current inventory of the imported car industry is still large, but the situation has improved. In March 2014, the industry inventory was 2.9 months. At the same time, the price concessions were larger. In March 2014, the price concession reached 8.7%, and the trend of “price-for-value†did not fundamentally change. He predicted that the second quarter will not continue the high growth in the first quarter, the growth rate of imported cars will decline, or slow down to below 10%.