日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

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

Used-car sales remain lukewarm despite high hopes

By Li Fusheng | China Daily | Updated: 2016-10-24 10:27

Second-hand car sales in China will grow to hit 10 million units this year, but the eagerly awaited "rush" will not happen any time soon, said an official at the China Automobile Dealers Association on Thursday.

Shen Rong, a deputy secretary-general of the association, said he had expected the sales surge when the State Council introduced a series of stimulus policies in March.

The eight-article guideline includes a requirement that local governments lift any limits on inflows of second-hand vehicles from other regions by the end of May 2016.

"People in the sector were excited when the policies were released, but the market did not improve as expected," he said at a press conference at the Beijing Asian Games Village Auto Trade Market Center.

Statistics show 6.5 million used cars were sold in China in the first eight months of the year, up 6.53 percent year-on-year. While this is a decent figure, it is much lower than the association's estimate of 11 million units for the year, made when the favorable policies were released in March.

Shen said he had not expected that many cities would postpone the policies, especially the one about removing the ban on selling non-local cars.

The ban has curbed the free flow of used cars, resulting in insufficient supplies, he said.

The influx of new cars into the market and their discounted prices are killing the appeal of used cars.

About 24 million new cars were sold in China last year, a similar number is entering the market this year, and automakers are doing everything they can to stay competitive.

Manufacturers are cutting prices so much that the cost of a used car can seem excessive to potential buyers.

According to the association, used cars now cost 30 percent less than a new one, but in developed markets such as the United States it is about 50 percent.

What aggravates the bleak outlook is that the capital market is losing its enthusiasm and patience in the used-car market.

A report by China Securities shows $2 billion was invested in the sector in 2014 and 2015, but Shen says there has been little investment this year.

"They have entered a stage of watching and waiting," said Shen.

Websites specializing in used cars advertised heavily last year, but their performance has been poor.

Data from the association shows 23,800 used cars were sold via major online platforms in August, accounting for 2.77 percent of total sales in the month.

The National Business Daily newspaper reported that online auto trader Guazi planned to spend 1 billion yuan ($150 million) on advertising this year, but it has revised the plan to focus on sales.

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: 天天操夜夜操天天操 | 天天影视综合网色综合国产 | 欧美成人一品道免费视频 | 日韩欧美一区二区三区 | 日韩欧美视频免费观看 | 四虎在线视频 | 亚洲黄网站wwwwww | 毛片1级 | 国产亚洲蜜芽精品久久 | 五月综合激情婷婷六月 | 欧美视频精品 | 欧美日韩一区二区三区在线观看 | 日韩欧美一二三区 | 国产精品美女久久久久久久久久久 | 色吟av | 欧美乱码伦视频免费 | 精品久久香蕉国产线看观看亚洲 | 久久视频免费 | 国产福利在线看 | 国产精品日韩欧美在线第3页 | 日本夜夜操| 精品推荐国产麻豆剧传媒 | 国产超碰人人做人人爱 | 一级肉体aa电影 | 97久久精品人人做人人爽50路 | 日本免费一区二区三区视频 | av天空 | 久久黄色大片 | 亚洲国产视频网站 | 九草在线 | 人人做人人爽人人爱 | 一区二区国产精品 | 色老头久久网 | 污污成人一区二区三区四区 | 伊人网综合 | 一区二区三区四区高清视频 | 欧美日韩一区二区三区在线观看 | 日本hdxxxxx护士免费的 | 香蕉香蕉国产片一级一级毛片 | 哪里可以看免费的av | 色爱影院 |