Zhongxin Jingwei, December 9 According to the "China Automobile Dealers Association" WeChat *** news, on December 9, the China Automobile Dealers Association released the results of the November "Automobile Dealer Inventory" survey. The comprehensive inventory coefficient of auto dealers in November was 143, down 159%, down 239%, the inventory level is below the warning line.
According to the China Automobile Dealers Association, the auto market has entered the sprint stage at the end of the year, and local governments have successively issued policies to expand automobile consumption and "Double 11" car purchase activities, driving the growth of car buying enthusiasm. The opening of the Guangzhou Auto Show in November, the release of a large number of new energy vehicles, coupled with the continuous decline in terminal transactions**, and the start of consumer car purchases before the Spring Festival, contributed to the continuous improvement of the automobile market in November, and the growth trend of automobile sales continued in the Golden Nine and Silver Ten. Dealers are fully prepared for the annual target and accelerate the digestion of inventory. It is estimated that the total dealer inventory at the end of November was about 3 million vehicles.
Specifically, the inventory coefficient of high-end luxury and imported brands is 110, down 191%；The inventory coefficient of the joint venture brand is 157, down 178%；The inventory coefficient of the own brand is 140, down 119%。
In November, there were 6 brands with inventory depth of more than 2 months, of which the three brands with the highest inventory depth were: FAW Jetta, Dongfeng Venucia, and Dongfeng Nissan.
The China Automobile Dealers Association said that in December, a new round of pro-consumption policies was launched in many places, and car companies and dealers continued to sprint to the annual goal, and the "first war" at the end of the year started again. However, this year's "Double 12" ** activity is expected to be less than in previous years, coupled with the reason for the late Spring Festival, part of the pre-holiday consumer demand is expected to be released in January next year, which will divert part of the demand for car purchases. It is expected that market demand will continue to strengthen in December, creating a new monthly high for the year.
According to the China Automobile Dealers Association, looking forward to 2024, dealers believe that the auto market is expected to continue its recovery trend. According to the survey, there are 344% of dealers believe that the passenger car market will grow by about 5% in 2024.
The China Automobile Dealers Association suggests that dealers should rationally estimate the actual market demand and reasonably control the inventory level according to the actual situation, so as to prevent excessive inventory pressure and business risks. (Zhongxin Jingwei app).
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