China Automobile Dealers Association recently released the 'China auto dealers inventory early warning index report.' The report shows that the July dealer inventory early warning index was 52.5%, down 5.7 percentage points from the previous month, but still above Sensor the warning line (warning line to 50% bounded). The first half of this year by the industry as the auto market in the past decade the worst start. The future trend of the automobile market is not optimistic, the first half of the downturn may continue to the second half of the state.

  The first half of this year, auto production and sales year on year growth rate has slowed down, which passenger car production and sales growth rate down significantly. 1 to 6 months, car production and sales growth continued to lower than the same period last year. Among them, passenger cars Suction Control Valve in the first half of the production and sales were lower than the overall car 1.4 and 2.2 percentage points. In addition to SUV still maintain growth, the car, MPV, cross-type passenger car production and sales continue to decline. Among them, the car sales fell 1.8% and 3.2%, MPV production and sales were down 12.8% and 15.8%, cross-type passenger car sales fell 32.7% and 25.3%. This data is still in May and June auto production and sales data has picked up the case, the first four months of this year, the automobile market production and marketing market is even more in the doldrums.

  Parallel to sales is the increase in inventory. The automotive industry dealers in the first half of the inventory has been at a high level, in June dealer inventory early warning index was as high as 60%. The reason, in June part of the car for failing to complete the six-year goal, increased the dealer's task of car, plus the automobile market in June is the traditional off-season, the market demand decline, resulting in increased inventories. With the arrival of the auto market off-season, dealers also began to control the level of inventory, making the stock index eased, but the July inventory index is still above the warning line, indicating that the current dealer inventory pressure is relatively large. From July's latest survey data, the situation is still not optimistic. July and August is the traditional off-season Temperature Sensor of the automobile market, coupled with some places there have been extreme weather, to some extent affected the new car sales, and the future auto market is not optimistic, car sales prices will decline further.

  The first half of this year's car sales data show that from the beginning of January, the domestic auto market in a cooling state, until May, the auto market began to pick up in June passenger car sales began to show positive growth. Analysis of the reasons, on the one hand, with the purchase tax halved and new energy subsidies to land reclamation, part of this year sales in advance last year overdraft. On the other hand, the automobile industry in the same period last year developed better, higher base, which led to the first half of this year compared Speed Sensor to poor performance in the automobile market. In addition, this year the automotive industry upstream coal, steel, colored and other prices and terminal demand is relatively weak, resulting in intermediate manufacturing and retail links of low profits, consumer spending is relatively slow.