www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Auto Data

Car sales growing at the slowest pace in 5 months

(Agencies) Updated: 2015-05-09 10:18

Car sales growing at the slowest pace in 5 months

A Peking Opera model and a China-made car at the 13th Wenzhou International Auto Expo in Wenzhou, Zhejiang province, on April 9. China's total vehicle sales will expand less than 7 percent this year. [Photo for China Daily]

Automakers react with discounts, as price war looms

Passenger vehicle sales in China rose at the slowest pace in five months as weaker economic expansion hurt demand for big-ticket purchases.

Retail deliveries of cars, multipurpose and sport utility vehicles climbed 6.2 percent to 1.61 million units in April, the China Passenger Car Association said on its website on Friday, the slowest pace of growth since November.

Automakers from Honda Motor Co to Volkswagen AG are giving discounts to shore up sales, with BAIC Motor Corp predicting that a price war and falling profit margins will become the norm in China. Global automakers have been under pressure from Chinese brands, which have gained market share by offering cheaper SUVs in the fastest-growing segment of the market.

"The price cuts are a definite factor boosting sales," said Han Weiqi, a Shanghai-based analyst at CSC International Holdings. "The discounts are especially helpful for vehicles in the mid-priced market."

China's total vehicle sales will expand less than the 7 percent forecast projected at the start of the year, the China Association of Automobile Manufacturers said last month.

Vehicle registrations are being affected by slower economic growth and more cities imposing restrictions, said Dong Yang, the association's secretary-general.

Sales of SUVs surged 56 percent, multipurpose vehicle deliveries climbed 20 percent, and demand for sedans fell 6.6 percent, according to the association.

Chinese consumers' willingness to purchase cars declined last month to the lowest level since December, according to a monthly survey conducted by MNI Indicators.

Buyers looking for their first car were even less inclined to shop for one last month, with the number of respondents planning to do so plunging to the lowest level since July, the survey found.

China's passenger vehicle market is showing signs of stress, especially in pricing, and consumers can expect lower retail prices as incentives escalate, according to a May 5 report by Yang Song, a Barclays Plc analyst.

General Motors Co reported a decline in deliveries in China, its largest market, after demand slumped for its Buick and Chevrolet brands.

Ford Motor Co's deliveries were little changed while Nissan Motor Co recorded a 19 percent drop in sales, citing competition for compact passenger vehicles and sluggish demand for light commercial vehicles.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 男人天堂网在线视频 | 国产精选莉莉私人影院 | 亚洲精品在线看 | 免费国产a理论片 | 手机看片久久高清国产日韩 | 麻豆国产96在线 | 日韩 | 久国产精品视频 | 日本三级2021最新理论在线观看 | 欧美a大片欧美片 | 欧美做暖小视频xo免费 | 国产精品欧美亚洲 | 亚洲精品久久精品h成人 | 亚洲精品tv久久久久 | 亚洲精品高清久久 | 国产片网站 | 国产精品免费一级在线观看 | 思99re久久这里只有精品首页 | 色综合加勒比 | 手机成人看片 | 成人a视频 | 成人爽a毛片在线视频 | 中文字幕在线观看不卡视频 | 精品国产看高清国产毛片 | 精品国产高清a毛片 | 亚洲一区二区精品视频 | 欧美性xxxx极品高清 | 精品欧美一区二区在线观看 | 国产一区二区三区久久小说 | 97国产影院 | 一本久久道久久爱 | 久久久久国产精品免费 | 台湾三级香港三级在线理论 | 亚洲成人在线播放 | 91久久亚洲国产成人精品性色 | 亚洲人在线播放 | a级毛片在线播放 | 免费一级a毛片在线播 | 日本精品一区二区三区在线视频一 | 欧美特黄aaaaaaaa大片 | 九九精品成人免费国产片 | 免费逼片 |