1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Auto sales set to slow as demand dips amid downturn

      2012-09-12 13:21 Global Times     Web Editor: qindexing comment

      China's automobile industry may not be able to sustain its growth momentum in the next four months, even though data released by an industry association indicated healthy growth in the first eight months, analysts said Tuesday.

      China's auto sales amounted to 12.5 million units in the first eight months, a year-on-year growth of 4.1 percent, the China Association of Automobile Manufacturers (CAAM) said Monday.

      In August, vehicle sales reached 1.5 million units, an increase of 8.4 percent month-on-month, compared to 1.4 million in July, which was 12.6 percent lower from June, according to the CAAM.

      However, Su Hui, deputy director of the auto market division at the China Automobile Dealers Association, said that the industry will not be able to maintain steady year-on-year growth in sales in the next four months amid economic slowdown and sluggish demand.

      "Domestic oil prices have been hiked following an increase in international oil prices, making most consumers think twice before purchasing cars," Su told the Global Times Tuesday.

      Moreover, a lack of favorable policies also diminished consumers' motivation for car purchase, Cui Dongshu, deputy secretary-general of the China Passenger Car Association (CPCA), told the Global Times.

      The government mainly subsidizes the purchase of new energy vehicles, which is not enough to attract Chinese consumers due to the inconvenience of running these vehicles, such as the lack of charging facilities, Cui said. "The consumers always have a strong demand for oil-powered cars."

      Starting from June 1, 2010, China began to give a subsidy of 3,000 yuan ($473.4) to consumers who buy energy-saving vehicles.

      Sales of energy-saving vehicles stood at 8,568 units in 2011, according to data released by the CAAM on January 12.

      The CAAM also noted that the market share of self-owned brands of passenger vehicles further declined in August.

      "Self-owned brands only accounted for 20 percent of the market in August, but their share is expected to jump to 27 or 28 percent in October due to their potential for exports," said Cui from the CPCA.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 日韩亚洲翔田千里在线| 91亚洲国产成人久久精品网站| 亚洲人成77777在线观看网| 免费A级毛片无码视频| 亚洲AV无码国产丝袜在线观看| 中文字幕不卡免费视频| 亚洲综合国产一区二区三区| 国产免费人成视频在线播放播| 在线观看亚洲av每日更新| 九九99热免费最新版| 亚洲精品无码鲁网中文电影| 182tv免费视频在线观看| 亚洲综合视频在线观看| 一二三四在线观看免费高清中文在线观看| 亚洲毛片免费观看| 德国女人一级毛片免费| 深夜a级毛片免费无码| 亚洲中文字幕不卡无码| 无码日韩精品一区二区三区免费| 久久久久亚洲av无码专区喷水| 免费观看激色视频网站(性色)| 四虎必出精品亚洲高清| 四虎影永久在线高清免费| 黄色短视频免费看| 亚洲黑人嫩小videos| 成年人免费视频观看| 一区二区免费在线观看| 亚洲AV无码专区电影在线观看| 国产成人精品免费视频大| 最新亚洲人成无码网站| 亚洲国产精品一区二区久久hs| 美女视频黄是免费的网址| 国产亚洲精品2021自在线| 亚洲成a人片在线观看无码| 麻豆国产精品免费视频| 美女又黄又免费的视频| 亚洲av永久无码制服河南实里 | 亚洲人成在线免费观看| 四虎永久在线精品免费观看地址| 免费久久人人爽人人爽av| 亚洲看片无码在线视频|