In the first half of the year, the price of cars dropped 1.16% year-on-year and will continue to decline in the second half of the year
5.4%, -1.16%
This is a set of changes in the total level of domestic consumer spending in the first half of the year and the year-on-year price.
According to statistics released recently by the National Bureau of Statistics, the overall consumer price index (CPI) in the first half of this year increased by 5.4% year-on-year, and according to the results of monitoring the price of cars in 36 large and medium-sized cities across the country published by the Price Monitoring Center of the National Development and Reform Commission. The domestic auto prices for the first half of the year have been reduced by 1.16% over the same period of last year.
Experts analyze that car prices will decline in the second half of the year. Jia Xinguang, a senior expert in the automotive industry, believes that prices in the auto market will show slight fluctuations in the second half of the year, but the overall situation should be a downward trend.
The price cuts of various manufacturers have already begun. It is expected that the price reductions and preferential activities in the months of September, October and October will continue and the car prices will enter a period of steady development. By the end of the year, the new round of preferential offers will come back.
For the price of vehicles, Cui Dongshu, deputy secretary-general of the National Passenger Vehicle Market Information Association, said: “From the monitoring results of vehicle prices in major cities, in the first half of the year, China’s automobile prices have indeed dropped by about two percentage points. Semi-annual car prices will also show such a downward trend, but low-end models have no room for decline, and in the second half of the year, they are mainly mid-to-high-end models or price-cutting models.The reason for the analysis is due to the weak demand in the auto market, consumers are currently The buying desire is not as good as last year. Secondly, the sales target of the car companies is set not low. In the second half of the year, it is also reasonable for dealers to lower their prices in order to complete their goals."
In addition, some experts believe that the 20-30 million automobile competition is fierce and will become the main force in the price reduction model.
First-half price drop in monitoring results In the first half of the year, the dip-like decline in the overall sales volume of the auto market has caused some car companies and dealers to stop, especially the Japanese Honda Toyota cars.
It is reported that the discount rate of individual models of Honda's Toyota cars even reached 10,000 yuan or more, but the decline in vehicle prices is not in all cars. Even if they are Japanese models, the popularity of Dongfeng Nissan does not make it significantly favorable. , including the Volkswagen Department of the German model and some American models are also relatively stable prices.
According to the monitoring results of automobile prices in 36 large and medium-sized cities announced by the National Development and Reform Commission Price Monitoring Center, domestic vehicle prices in the first half of the year have decreased by 1.16% over the same period of last year. In Other words, in the first half of the year, the price of the overall automobile market in China showed a downward trend.
Some experts stated that the reason for the general decline in vehicle prices in the first half of the year was mainly due to the fact that the expansion of car manufacturers led to oversupply, while at the same time the increase in production had reduced the cost of vehicles to a certain extent, which objectively provided room for price reduction. At the same time, the variety of models has increased. In order to obtain customers, car dealers also reduce inventory through price cuts. Comprehensive factors, the auto market has entered a vicious cycle of price cuts.
Bringing Affected CPI Increases to Drive Up the Cost of Raising Cars According to statistics released by the National Bureau of Statistics recently, the national consumer price level (CPI) in the first half of this year increased by 5.4% year-on-year. Those who are optimistic about the car prices believe that with auto raw materials, With the rise, car prices will rise as the CPI rises. Actually, some experts believe that automobiles are high value-added. According to relevant data released by the China Association of Automobiles, the revenues of the top six car owners last year exceeded 100 billion yuan. This means that there is a high level of profit support, and the price increase of raw materials will not significantly affect the price of the car.
According to Chen Guangzu, a senior expert in the automotive industry, the downward trend in the car prices is an industry trend. The profit growth point of the automotive industry has gradually shifted to after-sales services. Some industry insiders believe that the increasing production of the auto industry will increase production sales and reduce production costs, which will offset the impact of a part of the increase in CPI. However, it does not mean that CPI will not affect vehicle prices, and its impact will be positive through consumer purchases. The degree is reflected. Because the increase in CPI is the increase in the cost of keeping cars, car maintenance, oil prices, spare parts, and parking fees... These are the factors that car buyers need to consider before buying a car. This is why sales of self-owned brands have declined in the first half of the year, and luxury brands have One of the reasons for the good sales.
This is a set of changes in the total level of domestic consumer spending in the first half of the year and the year-on-year price.
According to statistics released recently by the National Bureau of Statistics, the overall consumer price index (CPI) in the first half of this year increased by 5.4% year-on-year, and according to the results of monitoring the price of cars in 36 large and medium-sized cities across the country published by the Price Monitoring Center of the National Development and Reform Commission. The domestic auto prices for the first half of the year have been reduced by 1.16% over the same period of last year.
Experts analyze that car prices will decline in the second half of the year. Jia Xinguang, a senior expert in the automotive industry, believes that prices in the auto market will show slight fluctuations in the second half of the year, but the overall situation should be a downward trend.
The price cuts of various manufacturers have already begun. It is expected that the price reductions and preferential activities in the months of September, October and October will continue and the car prices will enter a period of steady development. By the end of the year, the new round of preferential offers will come back.
For the price of vehicles, Cui Dongshu, deputy secretary-general of the National Passenger Vehicle Market Information Association, said: “From the monitoring results of vehicle prices in major cities, in the first half of the year, China’s automobile prices have indeed dropped by about two percentage points. Semi-annual car prices will also show such a downward trend, but low-end models have no room for decline, and in the second half of the year, they are mainly mid-to-high-end models or price-cutting models.The reason for the analysis is due to the weak demand in the auto market, consumers are currently The buying desire is not as good as last year. Secondly, the sales target of the car companies is set not low. In the second half of the year, it is also reasonable for dealers to lower their prices in order to complete their goals."
In addition, some experts believe that the 20-30 million automobile competition is fierce and will become the main force in the price reduction model.
First-half price drop in monitoring results In the first half of the year, the dip-like decline in the overall sales volume of the auto market has caused some car companies and dealers to stop, especially the Japanese Honda Toyota cars.
It is reported that the discount rate of individual models of Honda's Toyota cars even reached 10,000 yuan or more, but the decline in vehicle prices is not in all cars. Even if they are Japanese models, the popularity of Dongfeng Nissan does not make it significantly favorable. , including the Volkswagen Department of the German model and some American models are also relatively stable prices.
According to the monitoring results of automobile prices in 36 large and medium-sized cities announced by the National Development and Reform Commission Price Monitoring Center, domestic vehicle prices in the first half of the year have decreased by 1.16% over the same period of last year. In Other words, in the first half of the year, the price of the overall automobile market in China showed a downward trend.
Some experts stated that the reason for the general decline in vehicle prices in the first half of the year was mainly due to the fact that the expansion of car manufacturers led to oversupply, while at the same time the increase in production had reduced the cost of vehicles to a certain extent, which objectively provided room for price reduction. At the same time, the variety of models has increased. In order to obtain customers, car dealers also reduce inventory through price cuts. Comprehensive factors, the auto market has entered a vicious cycle of price cuts.
Bringing Affected CPI Increases to Drive Up the Cost of Raising Cars According to statistics released by the National Bureau of Statistics recently, the national consumer price level (CPI) in the first half of this year increased by 5.4% year-on-year. Those who are optimistic about the car prices believe that with auto raw materials, With the rise, car prices will rise as the CPI rises. Actually, some experts believe that automobiles are high value-added. According to relevant data released by the China Association of Automobiles, the revenues of the top six car owners last year exceeded 100 billion yuan. This means that there is a high level of profit support, and the price increase of raw materials will not significantly affect the price of the car.
According to Chen Guangzu, a senior expert in the automotive industry, the downward trend in the car prices is an industry trend. The profit growth point of the automotive industry has gradually shifted to after-sales services. Some industry insiders believe that the increasing production of the auto industry will increase production sales and reduce production costs, which will offset the impact of a part of the increase in CPI. However, it does not mean that CPI will not affect vehicle prices, and its impact will be positive through consumer purchases. The degree is reflected. Because the increase in CPI is the increase in the cost of keeping cars, car maintenance, oil prices, spare parts, and parking fees... These are the factors that car buyers need to consider before buying a car. This is why sales of self-owned brands have declined in the first half of the year, and luxury brands have One of the reasons for the good sales.
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