Some news of China's auto market performance in 2015

Posted on 12/28/2015 4:25:22 PM

Five months before this year, passenger car sales overall downward trend, from 2.038 million in January fell to 1,609,300 in May. Even after the strong performance of the SUV also suffered the same situation, from January's 487,700 down to 459,300 in May. While passenger car sales top ten car prices, there are a number of sales decline, which is even worse in May, Beijing Hyundai decline more than 10% year on year, Shanghai GM decline was nearly 10 percent year on year, after many years the two brands to maintain a growth trend.
In recent years, the rapid increase in car ownership, the data show that in 2014, domestic new cars registered 21.88 million, a net increase of 17.07 million holdings, two index reached the highest level in history, urban capacity face unprecedented challenges, most large medium-sized cities facing serious environmental and road traffic pressure, but for the majority of local governments, the solution summed up the word: "restriction."
December 29, 2014, from the official release restriction announcement to implement the purchase of only 20 minutes, Shenzhen became the eighth purchase of a car city, compared to the previous Automobile Association announced 8 exist to implement the purchase possible cities (Tianjin, Shenzhen, Hangzhou, Chengdu, Shijiazhuang, Chongqing, Qingdao, Wuhan), within just one year, there are three (Tianjin, Shenzhen, Hangzhou) was added to the ranks of the purchase, while the other five cities on road traffic congestion is not optimistic about the situation, its restriction Cars may also be a matter of time.
In fact, as early as in 2012, president of General Motors China, 苏瑞博 he says that China's 25 most congested cities, or will have to purchase in 2015, as was one phrase, for the entire automobile market will have a tremendous blow. In this environment, consumer demand has been the city's purchase of containment, but has not yet implemented the purchase of the city in the next few years to seize overdraft spending power, based on this formula sighted consumer behavior considered sustainable automobile development will suffer heavy losses.

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