The inventory early warning index of China’s auto dealers in May 2021 is 52.9% From China Automobile Circulation Association

The following is the The inventory early warning index of China’s auto dealers in May 2021 is 52.9% From China Automobile Circulation Association recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

On May 31, 2021, via (vehicle inventory alert index), the latest issue of “inventory alert index survey of China’s automobile dealers” released by China Automobile Circulation Association, showed that the inventory alert index of automobile dealers in May 2021 was 52.9%, with a year-on-year and month on month decrease of 1.3% and 3.5% respectively, and the inventory alert index was above the boom and bust line.

In May, the automobile market was relatively stable, but it did not reach the expected situation. The May Day holiday partly replaced the Spring Festival holiday and the return trip, which further affected the number of stores and trading volume. After the festival, due to the recurrence of epidemic situation in many places, extreme weather in the south, busy farming in some areas and other factors, the market demand was insufficient, and the sales volume was basically flat compared with April.

The shortage of chips LED manufacturers to implement production reduction plans. Some dealers said that the supply of hot models was tight, and the sales volume was unstable due to the extension of vehicle delivery cycle, and the funds were trapped in vehicles in transit, resulting in tight turnover. In addition, the cost of raw materials has risen, the promotion policies of manufacturers have been tightened, and the operating pressure of dealers has increased.

From the sub index situation: in May, the inventory, employees and business status index decreased, while the market demand and average daily sales index increased. In May, the market was stable. The shortage of chips led to the decrease of supply, the decrease of dealers’ inventory, and the slight recovery of market demand and sales.

From the perspective of regional index: in May, the national total index was 52.9%, the northern index was 53.3%, the eastern index was 54.5%, the Western index was 58.3%, and the southern index was 54.4%. In May, the demand of automobile market has increased, but the supply has declined due to the shortage of chips, orders have been delayed, and the inventory warning index of each district has declined.

From the sub brand type index, the import & luxury brand index decreased slightly in May, while the independent brand index and mainstream joint venture brand index decreased.

The auto market in May was lower than expected, and the auto market entered the off-season in June. Dealers are facing a sales spurt in the second quarter and the first half of the year. Affected by the shortage of chips, dealers are expected to focus on insured sales, and the intensity of price war is lower than that of the same period in previous years.

China Automobile Circulation Association suggests that dealers should rationally estimate the actual market demand and reasonably control the inventory level according to the actual situation, so as to prevent excessive inventory pressure and operational risk. At the same time, do not relax the epidemic prevention, continue to implement the epidemic prevention and control measures. Read more: China Association of automobile dealers: the inventory early warning index of automobile dealers in June 2020 is 56.8%. China Association of automobile dealers: the inventory early warning index of automobile dealers in April 2020 is 56.8%. China Association of automobile dealers: the inventory early warning index of automobile dealers in December 2019 is 59.0%. China Association of automobile dealers: the inventory early warning index of automobile dealers in February 2021 is 52.2% in China Automobile Circulation Association: the inventory early warning index of China’s automobile dealers in August 2020 is 52.8%. Automobile Circulation Association of China: the inventory early warning index of China’s automobile dealers in November 2019 is 62.5%. Automobile Circulation Association of China: the inventory early warning index of China’s automobile dealers in October 2020 is 54.1%. Automobile Circulation Association of China: the inventory early warning index of China’s automobile dealers in November 2020 is 60.5% China Automobile Circulation Association: the inventory early warning index of China automobile dealers in September 2019 is 58.6%. China Automobile Circulation Association: the inventory early warning index of China automobile dealers in August 2019 China Automobile Circulation Association: the inventory early warning index of China automobile dealers in June 2019 China Automobile Circulation Association: the inventory early warning index of China automobile dealers in May 2020 China Automobile Circulation Association: 202 In the first quarter of 2010, 57 new authorized 4S stores of luxury brands were added and 41 online 4S stores were returned. China Automobile 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: monthly report of China’s imported automobile market in April 2020

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