Analysis of used car market in October 2021 From China Automobile Circulation Association

The following is the Analysis of used car market in October 2021 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

Overall performance of used car market in October 2021

In October 2021, the transaction volume of second-hand cars nationwide was 1456400, with a month on month decrease of 7.55%, a month on year decrease of 1.52%, and a transaction amount of 96.618 billion yuan.

The negative growth of the market this month is mainly due to the fact that in October, the actual trading days decreased by 5 working days compared with September in case of National Day holiday; On the other hand, sporadic outbreaks occurred in many parts of the country this month. The trading markets in some epidemic areas have been suspended, and the market demand and customer collection have decreased significantly. At the same time, many places advocate not to leave the province unnecessarily, which also hinders the circulation of second-hand car sources to a great extent.

Specifically, passenger cars in this month: 866600 basic passenger cars were traded, down 7.65% month on month and 3.30% year-on-year; A total of 173500 SUVs were traded, with a month on month decrease of 5.30% and a year-on-year increase of 25.39%; A total of 81200 MPVS were traded, down 11.38% month on month and 1.27% year on year; A total of 34400 cross passenger vehicles were traded, down 11.74% month on month and up 4.60% year-on-year.

Commercial vehicles: 104900 passenger cars, down 5.58% month on month and 17.35% year on year; 118800 trucks, down 9.13% month on month and 14.06% year-on-year.

Analysis of six regions in October 2021

Used car trading volume in six regions in October 2021

Growth rate of transaction volume in six regions in October 2021

In October 2021, the six regions in China showed a decline in varying degrees. Among them, the decline was most obvious in Northwest China, with a month on month decrease of 19.98 percentage points, and the trading volume of second-hand cars was 66200; This was followed by a 9.19% month on month decrease in East China, with a total of 472100 vehicles traded; North China decreased by 8.22% month on month, with a total of 175700 vehicles traded; The Central South and southwest regions decreased by 5% month on month, trading 419800 and 220300 vehicles respectively. Northeast China had the smallest decline, with a total of 102400 second-hand cars traded, down 3.66% month on month.

Northwest China was seriously affected by the epidemic, and the trading volume of second-hand cars decreased by nearly 20% month on month.

Cross regional circulation in 2021

In October, the proportion of second-hand car transfer was 26.78%, which decreased by 0.9 percentage points month on month and 1.57 percentage points compared with the same period last year, close to the level in April 2020.

Overall performance of used car market from January to October 2021

From January to October 2021, a total of 14.4232 million second-hand cars were traded nationwide, with a year-on-year increase of 30.41%. Among them, 8.6941 million basic passenger cars were traded, with a year-on-year increase of 31.82%; A total of 1.5921 million SUVs were traded, with a year-on-year increase of 51.60%; A total of 834100 MPVS were traded, with a year-on-year increase of 29.60%; A total of 329900 crossover passenger vehicles were traded, with a year-on-year increase of 24.41%; 1092800 passenger cars, a year-on-year increase of 13.53%; There were 1206700 trucks, a year-on-year increase of 17.17%. The growth rate of various models from January to October decreased compared with that from January to September, and the impact of last year’s “low base” further slowed down. More reading: China Automobile Circulation Association: a brief analysis of the used car market in March 2020 China Automobile Circulation Association: a brief analysis of the used car market in February 2021 China Automobile Circulation Association: a brief analysis of the used car market in October 2019 China Automobile Circulation Association: a brief analysis of the used car market in November 2020 China Automobile Circulation Association: a brief analysis of the used car market in January 2021 China Automobile Circulation Association: October 2020 A brief analysis of the used car market in September 2020 China Automobile Circulation Association: a brief analysis of the used car market in September 2020 China Automobile Circulation Association: a brief analysis of the used car market in August 2020 China Automobile Circulation Association: in March 2020, the sales volume of the domestic narrow passenger car market reached 1045000, a year-on-year decrease of 40.4%. China Automobile Circulation Association: China imported car market monthly report in April 2020 China Automobile Circulation Association: 2020 In the first quarter of 2014, 57 authorized 4S stores were added to luxury brands and 41 4S stores were withdrawn from the network. China Automobile Circulation Association: passenger car market segmentation and trend of main models in September 2021. China Automobile Circulation Association: from January to August 2021, the MPV market wholesale 623000 vehicles, with a year-on-year increase of 13.6%. China Automobile Circulation Association: automobile market pulse report in October 2021. China Automobile Circulation Association: all vehicles in October 2021 Brand retail sales ranking Express

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