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General passenger cars have fallen for 10 months in a row

2019-4-10 14:55| 发布者: 左二爷| 查看: 32| 评论: 0|来自: 成都夜网www.scshuashua114.com

摘要: Retail sales of broad passenger vehicles in China fell 12 per cent in March from a year earlier, according to figures disclosed at the association yesterday. Among them, sales of multipurpose vehicles ...
Retail sales of broad passenger vehicles in China fell 12 per cent in March from a year earlier, according to figures disclosed at the association yesterday. Among them, sales of multipurpose vehicles(MPV) fell significantly, falling by 20.2 % year-on-year to 130,000 vehicles; SUV sales decreased by 10.7 % year-on-year to 752,000 vehicles; Car sales fell 12 % from a year earlier. Compared with the year-on-year decline since the fourth quarter of 2018, there has been a gradual recovery in recent months. As of March, broad passenger car sales had fallen for 10 consecutive months. But the overall decline in the first quarter of this year has eased compared with the decline towards the end of last year.

Sales of mainstream joint ventures fell 12.3 %
In March, the production of broad passenger vehicles and narrow passenger vehicles was 2.035 million and 2.033 million vehicles, respectively, a decrease of 7.3 % and 7.4 % over the same period of last year. Manufacturers wholesale 1.917 million units, a year-on-year decrease of 9.7 %; As a result, factory inventory increased by 86,000, and channel inventory increased by 157,000. In the spring of the calendar year, the first three months of the year were the stock of channels plus inventory. This year, with the consideration of inventory removal before the implementation of the Sixth National Congress, coupled with the tax avoidance effect of VAT tax cuts, the retail rhythm of channels was slowed.
The council said that the progress of the implementation of the six standards of the six countries by each car company was more obvious. Some Japanese car companies and six models were put in early, stabilizing channels and buying confidence. They have performed better in the near future. "The weak retail performance of the two dimensions of the northern market and county and township car markets that have recently affected the growth of the car market has not yet improved. Although some manufacturers pressed the hot spot to launch the promotion work to promote sales, the overall increase is still weak. "
Increase increase in new energy vehicles by the Union
In the first quarter of 2019, the number of new energy vehicles increased by 137,000, showing a strong trend of starting. Relying on the positive period of the new energy vehicle subsidy policy, the number of new energy vehicles sold in March was 111,000, a year-on-year growth rate of 100.9 %, while the retail sales of traditional fuel vehicles in March fell by 15 % year-on-year; From January to March, there were a total of 254,000 wholesale new energy vehicles, a cumulative increase of 137,000 units, and a cumulative growth rate of 117.8 %. In March, Class A electric vehicles accounted for 55 % of the sales of pure electric vehicles.
The Council also stated that according to the basis of 1.2 million new energy vehicles in 2018, 1.6 million new energy vehicles were originally projected for 2019, and 137,000 passenger vehicles have been added in the first quarter. At present, 100,000 passenger vehicles should be increased. Currently, it is forecast that the sales of new energy vehicles in 2019 will reach 1.7 million units. After adjustment, sales of new energy vehicles increased by more than 40 % in 2019.
Earlier, Xiao Yue, a longtime car research industry insider, told the Changjiang Commercial Daily that sales of new energy vehicles would slow in 2019, but are expected to increase by more than 40 %.
VAT Tax Reduction to Enhance Enterprise Vitality
From April 1, the basic tax rate of domestic value-added tax will be reduced from 16 % of the current manufacturing industry to 13 %, and 10 % of transportation, construction and other industries will be reduced to 9 %, keeping 6 % unchanged.
In order to effectively implement the call for "tax cuts and fees" and "letting profits benefit the people", some imported vehicles and high-end models announced early reductions in the guiding prices. This calls for corresponding national policies, while releasing consumer sentiment and stable sales.
The association said that due to the different price formation characteristics of various models, the price adjustment effect is also different. Imported vehicles pay VAT at the import link, and the 3 % reduction in VAT has a direct reduction in the cost of revenue collection for imported vehicles. However, the domestic manufacturing industry is a long industrial chain, and each link in the upper and lower reaches enjoys 3 % of the tax reduction profits of their own value-added parts respectively. Therefore, most domestic consumer goods have not reduced their prices. The association also said that consumers should not expect too high a drop in car prices, and rational consumption based on needs and purchasing power is a reasonable choice.
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