Su Hui: China's auto market faces many uncertainties in 2011

On February 14, 2011, the latest statistics released by the National Association of Passenger Vehicle Market Information (hereinafter referred to as “CCC”) show that in January 2011, the output of domestic narrow passenger vehicles (excluding micro-passengers) was 116.83. Ten thousand vehicles, an increase of 17.2% compared with the same period of last year, and a decrease of 2% compared with the previous month; domestic sales of 1.152 million vehicles, an increase of 17.9% year-on-year, a decline of 9%. In this connection, Phoenix Automotive's senior automotive marketing engineer and former general manager of the Beijing Asian Games Village Automotive Trading Market Center, Su Hui.

Su Hui said that the new high sales volume in January does not mean that the market is improving. This is only the aftermath of the "crazy" peak in the auto market at the end of last year. It does not even rule out the possibility that the auto maker "Snow Tibet" will sell data in December last year and transfer it to January. The aftermath of this surge in sales may continue for two or three months. However, after the first quarter, the various negative resistance functions faced by the auto market this year will surely appear. The development of the Chinese auto market this year will not be as inconvenient as ever. Surprise.

With the full withdrawal of automobile consumption stimulus policies, China’s auto market in 2011 will face a consumption environment that does not encourage stimulating effects; many cities are studying and formulating a blocking plan, although concerns over “restricted purchases” may lead to the development of some cities. The phenomenon of panic consumption, but will certainly be rational with the clear measures to stop blocking. At the same time, the role of the macroeconomic environment cannot be ignored, and the increasingly high inflation rate has made the development of the Chinese auto market even more uncertain in 2011. The hope of auto companies for the second and third-line markets will inevitably be greatly affected by factors such as inflation.

The situation faced by the Chinese auto market this year is somewhat bleak. Many car companies have "manifestly wished" to expand their production capacity one after another.

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