The domestic auto market sales picked up steadily

A few days ago, the reporter learned from the National Association of Passenger Cars that the auto market in July continued the trend in June, and the passenger car market continued to show a structural rebound year-on-year.

According to data from the National Passenger Vehicles Association, the domestic automobile production and sales in July were 1,104.09 million and 957,724, respectively, which represented a year-on-year increase of 5.2% and 3.6% respectively. In July, the number of narrow-sale passenger vehicles increased by 11% year-on-year, while domestic retail sales increased by 8% year-on-year.

“The auto market trend in the last week of July was strong, which was a 17% year-on-year increase compared to the last week of July 2010, a 42% increase from the previous week and a stronger growth rate.” Deputy Secretary-General of the National Passenger Vehicle Association, Cui Dongshu, told reporters that although 7 The monthly average daily volume increased compared with the same period in June. However, if the resumption of production of Japanese companies is removed, the pressure for growth is still not small.

During the interview, the reporter learned that with the steady sales in the national auto market, the Beijing auto market also ushered in a slight increase in July. Although Beijing’s specific sales figures have not yet been counted out, Su Hui, executive vice chairman of the China Automobile Dealers Association’s tangible automotive market segment, told reporters that in July, sales in the capital could reach 40,000 vehicles.

“The automobile market in July can be described as not being off-season,” said Su Hui, and with the initial purchase of the car signed by the first round of Yao’s on July 26th, the car sales in the Beijing market have been boosted.

Cui Dongshu also agreed with Su Hui's point of view. He believes that retail sales growth in July was relatively stable and structurally stronger. The retail performance of some manufacturers increased compared to the same period of last year. Judging from the consumption reaction of the terminal, the better retail performance in July is also influenced by many factors, especially the combination of limited licensing factors.

According to the reporter’s understanding, due to factors such as the expiry of indicators and the entry into the market since July, the purchasing power of customers in the Beijing market has been released, forming a situation that is not in the off-season. Combined with the rise in sales of Japanese products, the retail sales promotion in the auto market has been further active. July is the month with the lowest monthly contrast.

"July 26 is the day when the first batch of Yaohao middle-signers will expire. The final purchase percentage of these batches of signatories will have an important impact on the mentality of the successful bidders that will expire each month," said Su Hui.

After the reporter visited the Beijing auto market, he learned that due to the fear that the indicators will expire, many consumers who have not yet reached their due date will start to purchase cars on the agenda in advance and speed up the purchase of cars.

Although sales volume continued to rise, Cui Dongshu did not agree with the argument that “the third quarter will usher in an inflection point”. He believes that the current growth rate is basically in line with previous expectations, and the forecast for zero or even negative growth of the auto market in the year remains unchanged.

Su Hui also believes that although the sales volume of the Beijing auto market has rebounded in July, there will not be much fluctuation in the second half of the year. It is expected that there will be sales of 30,000- 35,000 vehicles per month.

Su Hui believes that the "To further promote the eradication and replacement of old cars in the city" on August 1 will speed up the elimination of old models and boost the sales of new cars. With the introduction of various rules, the sales volume of the Beijing auto market will be improved in the second half of the year.