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

US EUROPE AFRICA ASIA 中文
Business / Industry Watch

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

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 400部精品国偷自产在线观看 | 猫咪av网址 | 国产精品2区 | 黄色网入口站 | 久久综合视频网 | 欧美特大黄 | 欧美偷拍精品 | 午夜视频网 | 日韩一区二区免费在线观看 | 日本精品久久久久 | 日韩av美女 | 久久国产香蕉 | 麻豆成人精品 | 岛国av网| 蜜桃av在线播放 | 青春草在线 | 麻豆精品在线播放 | 欧美黄色大全 | 亚洲国产精品免费 | 国产日韩欧美综合 | 国模精品一区 | 亚洲情在线| 亚洲精品1 | 日韩久久一区二区三区 | 日韩欧美亚洲综合 | 国产精品超碰 | 久久久999国产精品 日韩av手机在线免费观看 | 理论在线播放 | 性欧美极品另类 | 日韩中文字幕在线观看 | 97成人精品 | 爱爱视频免费网站 | 欧美在线观看一区二区 | 天堂中文资源在线观看 | 欧美一级精品 | 亚洲综合免费视频 | 在线a网站| 成人午夜视频免费看 | 国内av在线| 噜噜噜在线视频 | 日韩欧美中文字幕在线视频 |