Automobile industry

The inventory coefficient of auto dealers in January 2021 is 1.53 From China Automobile Circulation Association

The following is the The inventory coefficient of auto dealers in January 2021 is 1.53 From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

On February 10, 2021, China Automobile Circulation Association released the survey results of “automobile dealer inventory” in January 2021: the comprehensive inventory coefficient of automobile dealers in January 2021 was 1.53, with a year-on-year increase of 2% and a significant month on month decrease of 15%. The inventory level was above the warning line.

1、 The inventory coefficient in January increased year on year

In January, the automobile market made a good start. Compared with the low base affected by the Spring Festival and epidemic situation last year, the sales volume in January increased significantly year-on-year, but decreased month on month. On the eve of the Spring Festival, as the traditional peak season of automobile sales, all kinds of year-end promotional activities, government subsidies for pre Festival car purchase and other favorable factors continue to pull up the pre Festival car sales. Dealers also increase marketing efforts before the festival to speed up the digestion of inventory.

2、 High end luxury & import, joint venture, independent brand inventory coefficient decreased month on month

The inventory coefficient of high-end luxury & import brands was 1.34, which decreased by 3.6% month on month; the inventory coefficient of joint venture brands was 1.52, which decreased by 20.4% month on month; the inventory coefficient of independent brands was 1.72, which decreased by 17.3% month on month.

At present, the demand for high-end replacement of car market consumption upgrading is still strong, luxury brands continue to maintain strong growth characteristics, and the inventory coefficient is in a reasonable range; the number of people returning home during the Spring Festival is less than in previous years, and the inventory digestion of joint venture and independent brands fails to achieve the goal.

3、 Brands with the highest inventory depth in January

In January, there were 6 brands with inventory depth of more than 2 months, among which the brands with the highest inventory depth were Dongfeng Yueda Kia, Skoda and Dongfeng Infiniti.

4、 Cautious expectation of market demand in February and reasonable control of inventory

In February, affected by the Spring Festival holiday, the number of working days decreased, and the off-season sales after the festival, the car sales in February will drop significantly compared with the previous month. But in February last year, affected by the outbreak, the car market was in a state of suspension. The year-on-year growth of sales volume in February this year is expected to be about five times. It is suggested that the upstream and downstream enterprises of the automobile industry chain should compare the sales volume from January to February 2021 with that of the same period in 2019 to scientifically and accurately judge the change trend of the automobile market.

China Automobile Circulation Association wishes member enterprises and dealers a happy New Year! Turn the tide in the year of the ox and achieve high-quality development. Read more: China Automobile Circulation Association: inventory coefficient of auto dealers in November 2019 is 1.49 China Automobile Circulation Association: inventory coefficient of auto dealers in October 2020 is 1.57 China Automobile Circulation Association: inventory coefficient of auto dealers in March 2020 is 2.68 China Automobile Circulation Association: inventory coefficient of auto dealers in October 2019 is 1.39 The inventory coefficient of auto dealers in May 2020 is 1.55 China Automobile Circulation Association: the inventory coefficient of auto dealers in August 2020 is 1.50 China Automobile Circulation Association: the inventory coefficient of auto dealers in September 2020 is 1.56 China Automobile Circulation Association: the inventory coefficient of auto dealers in November 2020 is 1.72 China Automobile Circulation Association: the inventory coefficient of auto dealers in July 2020 is 1.91 China Automobile Circulation Association Circulation Association: in March 2020, the sales volume of domestic narrow sense passenger car market reached 1.045 million, a year-on-year decrease of 40.4%. China Automobile Circulation Association: in April 2020, the monthly report of China’s imported automobile market. China Automobile Circulation Association: in the first quarter of 2020, 57 new authorized 4S stores of luxury brands will be added 41 4S stores returned to the Internet China Automobile Circulation Association: the inventory coefficient of automobile dealers in February 2019 is 2.1 China Automobile Circulation Association: the inventory coefficient of automobile dealers in June 2019 is 1.38 China Automobile Circulation Association: the inventory coefficient of automobile dealers in July 2019 is 1.75

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