In November 2021, the automobile consumption index was 72.3 From China Automobile Circulation Association

The following is the In November 2021, the automobile consumption index was 72.3 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

On December 1, 2021, China Automobile Circulation Association released the latest issue of “automobile consumption index”: the automobile consumption index in November was 72.3.

Affected by the decrease of temperature and repeated epidemics in many places, the consideration of epidemic prevention and control and resistance to severe cold has strengthened the willingness of some residents to buy cars. At the same time, at the end of the year, dealers will carry out promotion to achieve the sales target, and some customers will release their car purchase demand in advance before the year. In addition, with the alleviation of the chip problem, the automobile supply has improved, and the squeezed market demand has been partially released. Overall, car sales in December will be better than in November.

Trend chart of automobile consumption index

From the sub index constituting the automobile consumption index, the demand sub index in November 2021 was 80.9, a slight increase over the previous month, and the automobile market demand continued to grow in December.

Automobile consumption index – demand sub index

In November 2021, the store entry sub index was 79.5, an increase over the previous month. Factors such as year-end promotion and the early release of some car purchase demand before the Spring Festival increased the number of people entering the store to see cars.

Trend chart of automobile consumption index – store entry sub index

The purchase sub index in November 2021 was 83.6. It is expected that the actual purchase situation of consumers in December is better than that in the previous month. Judging from the trend of automobile sales over the years and seasonal factors, automobile sales in December were better.

Auto consumption index – purchase sub index trend chart

At present, the shortage of chips has eased slightly, the supply of cars has gradually recovered, and the overall market performance will improve due to the promotion of dealers of various brands at the end of the year. But at the same time, due to the repeated uncertainty of the epidemic, residents’ consumption is still impacted to a certain extent. On the whole, the automobile market will improve in December, but the increase rate is not as good as that in previous years.

More reading: China Automobile Circulation Association: the automobile consumption index in May 2020 was 63.0. China Automobile Circulation Association: the automobile consumption index in September 2021 was 64.6. China Automobile Circulation Association: the automobile consumption index in May 2020 was 63.0. China Automobile Circulation Association: the automobile consumption index in July 2020 was 60.3. China Automobile Circulation Association: the automobile consumption index in November 2020 was 80.0 China Automobile Circulation Association: the automobile consumption index in September 2020 was 77.8. China Automobile Circulation Association: the automobile consumption index in October 2020 was 71.6. China Automobile Circulation Association: the automobile consumption index in March 2021 was 71.3. China Automobile Circulation Association: the automobile consumption index in August 2020 was 76.6. China Automobile Circulation Association: the automobile consumption index in August 2021 was 74.6 Association: the automobile consumption index in October 2019 was 67.7. China Automobile Circulation Association: the automobile consumption index in March 2020 was 63.0. China Automobile Circulation Association: the automobile consumption index in October 2021 was 66.1. China Automobile Circulation Association: the automobile consumption index in April 2020 was 67.6. China Automobile Circulation Association: the automobile consumption index in February 2020 was 28.3

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