Zhu Yiping, Director of the Information Center of China Association of Automobile Manufacturers - Production and sales are still growing rapidly
From January to June of this year, China's total production and sales of automobiles were 2.6771 million and 255.36 million, with a production-sales ratio of 95.39%, which represented a year-on-year increase of 27.10% and 24.15% respectively. Production and sales continued to grow at a relatively fast pace, but production and sales fluctuated widely in each month.
The first quarter witnessed a rapid growth, and March was the highest in the first half. In April, auto production and sales began to decline month by month, and the growth rate began to decline. In May, the rate of decline was the largest, which was more than 20% on a month-on-month basis. Although the trend continued to decline in June, the decline was noticeably reduced.
From the perspective of production and sales increments, 77,900 vehicles were more than in the first quarter of the second quarter, but sales volume decreased by 0.18 million units from the first quarter, and the total production and sales volume was equivalent in the first and second quarters.
Xu Changming, Deputy Director of the Information Resource Department of the National Information Center - A Turning Point for Super High Speed ​​Growth to Rapid Growth
This year's auto market has changed quite a lot. Especially since the second quarter, I feel that the decline in sales volume in the auto market, especially in the car market, is an inevitable trend. The current change in the automotive market is a turning point in the rapid growth of automobiles to rapid growth. The low tide in late May is far below the theoretical growth level, which is a result of macro-control.
The growth in demand in 2002 and 2003 was about 38% and 33%, respectively. This year, the year-on-year increase was 23.7% in June. The growth rate from January to June was still relatively healthy.
The ultra-high speed development is not in line with the law of development, and the current return is natural. In the first quarter of 2003, the growth rate of sedan was 101%. In the first quarter of this year, it was 46.5%. This is a long-term development of the automotive market, because long-term development cannot always be so high. From the perspective of economic growth, in the next 20 years, the GDP of residents will grow from 1,000 US dollars to 3,000 US dollars, and the focus of residential consumption will be on housing and automobiles. Judging from the price of cars, the period from 2003 to 2005 was a period of rapid decline in car prices. After 2006, the decline will decrease. Consumer credit will develop to a normal level in the future and will increase by 2-3% each year.
From the perspective of product availability, products will continue to be enriched and the credit environment will continue to improve. Therefore, I expect a rapid increase in 2005, because there is still a large number of people who want to purchase money. This year's incremental decline is mainly due to the fact that the manufacturers’ output growth far exceeds the increase in market demand.
Su Hui, General Manager of Beijing Asian Games Village Auto Market - Market Still Hot
According to the statistics report on the economic situation in the first half of the year, the Beijing Municipal Bureau of Statistics showed that housing, automobiles, and communications continued to lead the rapid growth of the consumer market in the first half of the year. In the first half of the year, Beijing sold 239,000 vehicles, an increase of 62.9%, of which new cars increased by 169,000. The whole country is saying that the market is cold, but the auto market reactions of the seven cities in the Asian cities are not bad. The decline rate is between 1% and 2%. I think the market is still hot.
Ding Hongxiang, Deputy General Manager of China Imported Automobile Trade Center - Imported cars grow more moderately
This year's imported cars exceeded the original expectations in many aspects, and the quota is loose. However, the actual import growth is relatively moderate, sales growth is relatively slow, and the rate of price decline is far beyond the original judgment.
Overall, this year is the last year of China’s auto transition period after China’s accession to the WTO. Many substantive changes in the imported vehicle market are coming ahead of schedule, supply and demand tend to ease, and even some models have been oversupply. The competitiveness of domestically-produced vehicles has greatly increased, the advantages of imported models have been weakened, and the rate of decline in imported car prices has been greater than that of domestic cars. The growth rate of imported cars has slowed since this year, and the increase may continue to decline.
Last weekend, the Asian Games Village car market is still deserted.