The auto market situation is good this year, and the growth rate has increased significantly compared with the same period last year. From January to September, the domestic automobile production volume was 15.7384 million units, an increase of 12.78% year-on-year, and the sales volume was 15.8831 million units, an increase of 12.70% year-on-year. Disabled Electric Scooter,Fastest Electric Scooter,Eec Electric Scooters,Powerful Electric Scooter Wuxi Jiangyin Xufeng Electric Bicycle Co., Ltd. , https://www.xufengrelxrides.com
This year's auto production and sales growth is relatively fast. One of the reasons is that the production and sales of commercial vehicles have changed from continuous decline to rising, and production and sales have increased by 8.93% and 7.46% respectively, which has created conditions for the overall growth of automobile production and sales. In the models of passenger cars, the production and sales of SUVs increased by 44.57% and 45.30% respectively, maintaining a strong growth momentum for many years. Relevant agencies predict that this year's car sales will be around 21 million, with a growth rate of around 10%, which has exceeded the "micro growth" of the domestic auto market.
A few days ago, the national economic indicators were released in the first three quarters, of which GDP growth was 7.7%. For the first three quarters of the national economy, the spokesperson of the National Bureau of Statistics used three words and twelve words to summarize: "The overall situation is stable and stable. In the past six months, the government has adopted micro-adjustment measures to strengthen the structural adjustment of the economy to ensure the steady development of the economy. In general, GDP should remain at a stable level in recent years and will not be deliberately stimulated.
The volatility of the automobile market has a complicated relationship with the change in GDP growth and cannot directly correspond. For example, since 2008, China's GDP growth rate was 9.6%, 9.2%, 10.4%, 9.3%, 7.8%, while the growth rate of automobile production was 5.29%, 48.3%, 32.4%, 8.4%, 4.6%. In 2009, GDP growth slowed down, but the growth rate of automobile production accelerated to 48.3%. From January to September this year, China's GDP growth rate was 7.7%, a slight slowdown from last year, while automobile production growth was 12.8%, and the growth rate increased. Therefore, we cannot directly predict the growth of the automobile market next year by predicting the growth rate of GDP next year.
Analysis of the structure of the automobile market, the current proportion of B-class vehicles has dropped from 50.4% in 2008 to 18.2%, and the proportion of A0 and A00 has also dropped significantly, while the proportion of A-class vehicles has increased by 10%. The passenger car with 1.0-1.6 liter displacement not only has a proportion of more than 60%, but also has a growth rate of more than 20%. This shows that the purchase of cars in ordinary households has become the main force in the market, and the purchasing power is further increasing. This momentum is difficult to contain in the short term, especially It is currently spreading to third- and fourth-tier cities, especially small and medium-sized cities.
In the first three quarters of this year, the per capita disposable income of urban residents in China increased by 9.5% year-on-year. After deducting the price factor, the actual growth rate was 6.8%. In the first three quarters, the total retail sales of consumer goods increased by 12.9% year-on-year (the actual increase of 11.3% after deducting the price factor). Some scholars have analyzed that this shows that the growth of consumption exceeds the growth of disposable income. According to another report, by August, the balance of Chinese household savings has exceeded 43 trillion yuan for three consecutive months, which is at the highest level in history. This shows that residents have not used savings to increase consumption. Some scholars believe that China's consumption level is underestimated by 10%-12%. For example, many corporate executives use the company's funds to buy private cars, and private consumption is counted as company investment, but it is actually consumption.
Many people are worried that more and more cities may join the restricted car market. The original restricted purchase cities are also implementing more and more strict measures, which will intensify their efforts, which will seriously impact the automobile market. At present, even if this happens, the impact will not be great. The limited car is mainly limited in increments, and automakers can increase the stock circulation speed and expand the used car business. In some cities, after the car is limited, the sales volume in the surrounding areas will increase, which indicates that the demand for consumption will be released in other forms.
There are also concerns that the government will limit the number of vehicles in the name of environmental protection due to the increasingly serious haze. But there are also opportunities in this, that is, the forced elimination of the yellow standard car, which provides an opportunity for vehicle renewal. The environmental protection situation is grim, and it also brings business opportunities to new energy vehicles, energy-saving vehicles, and indoor air purification equipment for automobiles.