China's auto market will continue its steady growth rate of about 8% this year

Recently learned from the China Association of Automobile Manufacturers that in this year's total sales of cars, passenger car sales of about 15.87 million vehicles, an increase of 9.5%; commercial vehicle sales of about 4.11 million vehicles, an increase of about 2%. Industry insiders expect that the demand for the Chinese auto market this year is expected to be higher than last year. The annual production and sales growth will also be faster than last year, and will generally continue to maintain steady growth. This year, the auto sales volume is expected to reach 20 million units, with an increase rate of 8%.

The relevant person in charge of the China Association of Automobile Manufacturers stated that although in 2011 China achieved sales and sales of 18,419,900 vehicles and 18.5051 million vehicles, a slight year-on-year increase of 0.84% ​​and 2.45%, respectively, representing an increase of 31.6 percentage points and 29.9 percentage points from the previous year, but China The total production and sales volume of automobiles still ranks first in the world.

Until 2011, China's auto industry has entered the WTO for 10 years. During the past decade, the Chinese auto industry has made considerable progress. The average annual sales growth of automobiles exceeds 20%, which greatly exceeds the global growth rate. At present, the overall strength of the Chinese auto industry has been significantly improved. Experts in the industry believe that last year was affected by factors such as the country’s increased macro-control efforts and the withdrawal of automobile-related incentive policies, which led to the end of two consecutive years of high growth in China’s auto production and sales, but the fall in last year was basically in line with expectations.

According to the analysis of the National Passenger Vehicle Market Information Association, in 2012, the narrow sense passenger car is still the main driving force for the growth of the Chinese automobile market. In the second quarter, cumulative sales volume can grow positively; due to the increase in the size and technical progress of minivans, micro-customers are expected to increase. Cumulative sales in the third quarter can also resume positive growth; these will support the rapid growth of the general passenger vehicle. In addition, it is expected that the cumulative sales of trucks will increase in the fourth quarter. Passenger cars will also maintain rapid growth this year.