China’s second hand car Managers Index in May 2021 is 48.1% From China Automobile Circulation Association

The following is the China’s second hand car Managers Index in May 2021 is 48.1% From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.
On June 1, 2021, China Automobile Circulation Association released the latest issue of “China used car manager index” (ucmi). Ucmi results show that the second-hand car manager index was 48.1% in May, which is below the boom and bust line. It entered the recession zone, and the scene bearing of the second-hand car market decreased.
According to the survey, the total market demand decreased in May, with 39.3% of used car managers believing that it was “reduced”“ The proportion of “basically equal” was 41.6%“ The proportion of “increase” was 19.1%.
Second hand car market demand in May
According to the survey, the number of online customers increased while the number of offline customers decreased in May. Among them, 32.6% of used car managers thought that the number of online customers “increased” and 22.5% thought that “decreased”; The proportion of managers who think that the offline customer volume “increases” is 23.6%, while the proportion of “decreases” is 32.6%.
Passenger volume of second hand cars in May
According to the survey, the trading volume of second-hand cars was basically flat in May, with the proportion of “increase” being 21.3%; 56.2% of them thought that they were “flat”“ The proportion of “decline” was 22.5%.
Used car sales in May
According to the survey, 55.1% of second-hand car managers thought the business situation was bad in May, and 28.1% thought it was “bad”.
Second hand car business in May
On the whole, due to the effect of auto show activities, the replacement rate has increased, which makes the second-hand car market more abundant. However, due to the decrease of market demand, the second-hand car dealers have difficulty in digesting too much inventory, and the pressure is still great.
Among the second-hand car dealers surveyed, 10% thought that the capital flow in May 2021 was basically the same, while 70% of managers expected that the capital flow in June would be the same as that in May.
Talking about the expectation for next month, the used car managers said: after entering may, the market demand and the number of customers entering the store have declined. While the sales price has fallen, the existing inventory pressure has not been solved. They still occupy a lot of working capital and prolong the inventory turnover time.
Second hand car managers are more cautious about the prediction of the second-hand car market in June 2020, with the confidence index of 49.3%, which is below the boom and bust line, and the scene bearing of the second-hand car market is reduced. Read more: China Automobile Circulation Association: in November 2019, the index of used car managers in China is 52.5%. China Automobile Circulation Association: in September 2020, the index of used car managers in China is 52.7%. China Automobile Circulation Association: in November 2020, the index of used car managers in China is 49.3%. China Automobile Circulation Association: in March 2020, the index of used car managers in China is 46.6% China Automobile Circulation Association: China used car manager index in July 2020 is 40.7%; China Automobile Circulation Association: China used car manager index in March 2019 is 47.7%; China Automobile Circulation Association: China used car manager index in August 2019 is 40.3%; China Automobile Circulation Association: China used car manager index in June 2019 is 37.6%; China Automobile Circulation Association: China in September 2018 The second-hand car manager index is 50.8%. China Automobile Circulation Association: in May 2020, the second-hand car manager index is 48.7%. China Automobile Circulation Association: in December 2020, the second-hand car manager index is 52.5%. China Automobile Circulation Association: in April 2020, the second-hand car manager index is 48.3%. China Automobile Circulation Association: in February 2020, the second-hand car manager index is 24.5% China Automobile Circulation Association: in October 2019, the index of used car managers in China is 51.6%. China Automobile Circulation Association: in August 2020, the index of used car managers in China is 49.6%
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