Insight Into Vehicles as well as Parts Market - Part 1

In 2007, car sales experienced an adequate year in China. After the clinical depression in 2005, the automobile market steadily creates with a possible propensity: the sales of tool as well as state-of-the-art auto and urban SUV will certainly preserve high development; industrial guest cars and truck industry will certainly additionally gradually develop; nevertheless, the general growth rate of business freight cars will lower, and also the possibility hinges on products upgrading and also export.

Impacting as well as sustaining consider 2008

In 2008, the automobile sector will encounter impacting factors consisting of energy-saving ecological policy, imposing of oil tax obligation, the unification of international and also residential business taxes, high-price oil and growth of new power, etc. Thus car sub-industries will certainly deal with new possibilities and also difficulties.

Development of a brand-new customer group and the noticeable usage upgrade fad are the backgrounds for a progressively establishing passenger cars and trucks market, while GDP, repair asset investments and new country building and construction factors are the sustaining elements for business freight car's stable development. In the vehicle market, there are guest autos as discretionary customer items, as well as commercial vehicles with funding items purposes.

Development numbers

Currently the typical per-capita auto number is three cars and trucks per hundred individuals in China. Due to distinctive urban-rural twin structure in China and the different advancement degrees in between suburban as well as metropolitan districts, the per-capita vehicle number is twenty cars and trucks per hundred persons in tier-one cities, where the auto usage is in a "phase of motorization".

Since October 2007, car sales got to 7,150,000 vehicles in China, a year-on-year collected boost of 24%. Amongst this number, auto sales were 5,079,400, with a year-on-year built up rise of 23.75%, while industrial automobile sales were 2,070,000, with a year-on-year collected increase of 25.14%. Let's look at the short-term sales trend for various auto kinds.

Because 2002, annual sales of auto have gone across a million lines in China, attaining a high-speed growth for five years. At the end of 2007, it is estimated that sales will get to six million cars and trucks Taking into consideration the fantastic economic distinctions among areas in China, the major growth engine for the automobile industry is the existing consumer's replacement need and also brand-new individual's first buying demand.

Automobile.

Brand competitors in between auto is fierce. Presently, automobile brands total about 340 in China, as well as the yearly ordinary sales per brand name are 17,000 this year, a year-on-year decrease of 45% for passenger car brand names. The factor is that the auto market displays brand name problem and too much small business, which is likewise associated to the intake function of auto in China.

Passenger automobiles, as the consumption section of the auto market, have matchless market capacity to the buses and also freight lorries. In the car section, we assume top-quality brand name sales will certainly be secure, while competition in the medium-grade market will certainly be strenuous.

In the auto industry, there are traveler cars as optional consumer items, as well as business vehicles with funding goods objectives. Among this number, traveler car sales were 5,079,400, with a year-on-year collected rise of 23.75%, while commercial car sales were 2,070,000, with a year-on-year accumulated rise of 25.14%. Because 2002, annual sales of guest automobiles have crossed a million lines in China, attaining a high-speed development for five years. Currently, guest automobile brands complete about 340 in China, and also the yearly ordinary sales per brand name are 17,000 this year, a year-on-year reduction of 45% for passenger automobile brand names. The reason is that the traveler cars market shows brand condition and excessive little business, which is likewise associated to the usage function of guest cars and trucks in China.