Monthly report of China’s imported automobile market in October 2021 From National machinery automobile

The following is the Monthly report of China’s imported automobile market in October 2021 From National machinery automobile recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

Sales

From January to October, the terminal sales of imported passenger cars were 796000, a year-on-year increase of 1.9%, and the growth rate continued to narrow compared with that from January to September. Under the dual influence of the intensification of the domestic epidemic and the global chip shortage, the supply of manufacturers slowed down significantly, the preferential intensity narrowed significantly, and the consumer demand was delayed. In October, the terminal sales of imported passenger cars were 58000, down 31.9% year-on-year.

Vehicle structure

From January to October, the sales models of imported passenger cars are still mainly cars and SUVs, accounting for 96.8%; Among the three models, only cars maintained a year-on-year growth of 10.5%, SUV and MPV showed a decline, with a decline rate of 2.8% and 20.9% respectively. In October, the sales of the three major models showed a year-on-year decline, which was further expanded compared with the previous month.

Hierarchical structure

From January to October, the share of medium and large vehicles and large vehicles decreased by 1.6 and 0.4 percentage points respectively, and the share of medium, compact and small vehicles increased; Among them, the market share of medium-sized imported vehicles increased by 1.2 percentage points compared with the whole year of 2020, and the share of compact and small imported vehicles rebounded by 0.6 and 0.2 percentage points respectively.

Displacement structure

From January to October, 2.0-2.5l still occupied the first displacement range, accounting for 49.8%, an increase of 5.6 percentage points over 2020; 2.5-3.0l share increased by 2.3 percentage points; The share of models above 3.0L decreased significantly, of which 3.0-4.0l and 4.0L accounted for 26.2% and 1.7% respectively.

Brand structure

In October, under the influence of localization and chip shortage, the sales volume of non luxury brands decreased by 57.6%, luxury brands decreased by 26.6% and super luxury brands increased by 8.3% year-on-year. From January to October, luxury brands are still the absolute main force of sales, accounting for 90% of the total sales; The decline of non luxury brands further expanded to 51.3%, and luxury brands and Ultra Luxury Brands showed a year-on-year increase of 14.1% and 65%.

Regional structure

In October, Guangdong, Zhejiang and Jiangsu were still the top three provinces in China. The epidemic situation was effectively controlled in the same period last year, and consumer demand was released intensively. Under the background of high base and insufficient supply, the top ten provinces in sales fell year-on-year in October. Among them, Guangdong experienced the largest decline of 35.5%, mainly due to the decline in Lexus sales.

More reading: China Automobile Circulation Association: April 2020 China imported automobile market monthly report China Automobile Circulation Association: May 2020 China imported automobile market national machinery automobile: September 2021 China imported automobile market monthly report national machinery automobile: China imported automobile market development research report China Automobile Circulation Association: August 2020 China imported automobile market monthly report imported automobile special committee : development of China’s imported automobile market in October 2019 passenger Federation: China’s imported automobile market monthly report in April 2021 passenger Federation: China’s imported automobile market monthly report in June 2021; China’s imported automobile delivery in March 2020 was 66000, down 28.8% year-on-year; China Automobile Circulation Association: domestic imported automobile sales exceeded 1.08 million in 2019; Vietnam General Administration of Customs: Vietnam imported automobiles from China in November 2020 More than 1200 national motor vehicles: the import volume of q1-q3 new energy vehicles in 2019 increased by 179.9% year-on-year. China Automobile Circulation Association: analysis of imported automobile market in August 2019. China Automobile Circulation Association: analysis of China’s imported automobile market in July 2019. China Automobile Circulation Association: monthly report of China’s imported automobile market in mid October 2018

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