日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

More than 1 million vehicles imported, but growth slows

By LI FANGFANG | China Daily | Updated: 2013-01-30 04:10

More than 1 million vehicles imported, but growth slows

Despite slowing to single-digit growth, China's annual passenger vehicle imports surpassed 1 million units for the first time in 2012.

China imported 1.07 million vehicles last year, an increase of 9 percent on a year earlier, China Automobile Trading Co Ltd said on Tuesday.

However, the high inventory that has been accumulated and the fierce competition among foreign brands will be challenges in 2013, according to analysts.

Growth was down 25 percent year-on-year in the fourth quarter, according to China Automobile Trading.

"The increase in the first three quarters was based on an unhealthy price war in the market caused by oversupply," said Wang Cun, chief analyst and marketing manager with China Automobile Trading.

"The serious eurozone debt crisis was the main reason, as the European automakers all transferred their focus to China."

More than 1 million vehicles imported, but growth slows

Imported vehicles at the Tanggu port in Tianjin. Though facing many uncertainties, an expert tipped China's imported vehicle sector to grow by 10 percent this year. [WANG JING / CHINA DAILY]

Luo Lei, deputy secretary-general of the China Automobile Dealers Association, agreed with Wang.

"Due to their high expectations of the country, the European automakers brought too many vehicles to the Chinese market," said Luo. "Most of them targeted a 40 to 50 percent growth in the China market.

"The price war which squeezed dealers' profit margins, as well as the high inventory, made them realize the severity of the situation and they slowed their crazy imports in the fourth quarter," added Luo.

According to Wang, in September, most of the automakers had a high inventory of imported vehicles, almost 3.5 times their monthly sales.

"More than half of the dealers trading imported vehicles faced losses in 2012, due to shrinking profit margins and high operating costs. And the high inventory will continue to pressure them in the first two months this year," said Wang, who predicted a merger and acquisition trend among struggling automobile dealers this year.

Though facing many uncertainties and challenges, Wang said that he expects China's imported vehicle sector to grow by 10 percent this year.

He attributed his confidence to the 27 new models, mainly sport utility vehicles and compacts, that have become popular with Chinese consumers recently.

Contact the writer at lifangfang@chinadaily.com.cn

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 中文字幕第11页 | xxx久久久 | 国产一区二区三区免费在线观看 | 一级大片免费看 | 成人a v视频 | 在线观看一二三区 | 黄色免费高清 | 日韩激情一区二区 | 自拍视频一区 | 河智苑色即是空 | www.蜜桃av| 国产在线观看免费网站 | 四虎www.| 亚洲骚图 | 中文字幕精品久久 | 久久久夜夜 | 亚洲国产视频网站 | 毛片哪里看 | 在线中文字日产幕 | 少妇又色又紧又黄又刺激免费 | 亚洲黄色小视频 | 国产一二区 | 蜜臀久久99精品久久久久久宅男 | 午夜av在线 | 青青久在线视频 | 欧美日韩综合一区二区三区 | 蜜桃av噜噜一区二区三区麻豆 | 欧美一区二区不卡视频 | 四虎国产视频 | 美女天堂网 | 色哟哟入口国产精品 | 在线免费观看av片 | 在线观看av资源 | 久久噜噜色综合一区二区 | 欧美一级欧美三级在线观看 | 亚洲欧美影院 | 亚洲成人精品 | 黄色录像毛片 | 一二三区在线观看 | 国产免费美女视频 | 黄色免费网站 |