Automobile industry

China’s used car managers’ index in November 2020 is 49.3% From China Automobile Circulation Association

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The following is the China’s used car managers’ index in November 2020 is 49.3% From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

On December 2, 2020, China Automobile Circulation Association released the latest issue of “China used car managers index” (ucmi). The ucmi results show that the used car manager index in November was 49.3%, 3.9 percentage points lower than that in October, falling below the boom and bust line, and the second-hand car market’s scene demeanor has decreased.

According to the survey, the total market demand decreased in November. The proportion of used car managers that “increased” was 5.0%; the proportion of “basically flat” was 65.0%; and the proportion of “decrease” was 30.0%

Second hand car market demand in November

According to the survey, the number of online and offline customers increased in November. Among them, the proportion of used car managers who think the online customer volume “increases” is 9.0%, the proportion of “decrease” is 3.0%; the proportion of managers who think that the number of offline customers “increases” is 12.0%, and the proportion of “decrease” is 18.0%

Used car volume in November

According to the survey, the second-hand car trading volume decreased in November, with the proportion of “increase” of 5.0%, the proportion of “flat” of 78.0%, and the proportion of “decline” of 17.0%

Used car volume in November

According to the survey, used car managers thought that the business situation in November was average, 3.0% of managers thought the business condition was “good” and 8.0% thought “bad”

Second hand car operation in November

Overall, the second-hand car market in November was in general. 30% of the managers said that the capital turnover in November dropped by more than 10%, while 90% of managers expected the capital turnover in December to be the same as that in November.

Speaking of expectations for next month, used car managers said: the used car market will enter the off-season period in December. There are too many factors affecting the turnover rate of second-hand cars and the high transaction rate of used cars.

Second hand car managers are more cautious about the second-hand car market forecast in December 2020, with an expected index of 47.8%, which is below the boom and bust line, and the used car market has entered into a recession zone. Read more: China Automobile Circulation Association: China used car manager index in July 2020 was 40.7% China Automobile Circulation Association: China used car manager index was 46.6% in March 2020, China Automobile Circulation Association: China used car manager index was 52.7% in September 2020, China Automobile Circulation Association: China used car manager index was 52.5% in November 2019 China Automobile Circulation Association: China used car manager index in March 2019 was 47.7% China Automobile Circulation Association: China used car manager index was 40.3% in August 2019 China Automobile Circulation Association: China used car manager index was 37.6% in June 2019 China Automobile Circulation Association: China used car manager index was 50.8% in September 2018 China Automobile Circulation Association: China in February 2020 Used car manager index is 24.5% China Automobile Circulation Association: China used car manager index in December 2019 is 48.6% China Automobile Circulation Association: China used car manager index in October 2019 is 51.6% China Automobile Circulation Association: China used car manager index in April 2020 is 48.3% China Automobile Circulation Association: China used car Manager index in August 2020 is 49.6 %China Automobile Circulation Association: China used car manager index in May 2020 is 48.7%. China Automobile Circulation Association: monthly report of China’s imported automobile market in April 2020

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