A danger zone for China's auto inventories?

    Updated: 2012-08-28 10:27

    (Xinhua)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    BEIJING -- China's automakers have seen high automobile inventories over the past six months, prompting many to worry whether the country's car industry is facing a crisis.

    According to information published online earlier this month by the China Automobile Dealers Association, the comprehensive inventory index of automobile dealers reached 1.98 in June, up from 1.88 in May.

    According to international auto industry practices, a normal inventory index should stay between 0.8 and 1.2, with 1.5 as the warning level. The monthly indices of the first half of this year, except January, have all surpassed 1.5, the CADA said.

    Statistics from the China Association of Automobile Manufacturers show that the industrial inventory of domestic automakers stood at 736,300 units by the end of July, up by 47,700 units month on month.

    Industrial insiders said the industrial and commercial inventories of domestic automakers are currently at about 2.5 million units.

    China's auto industry has expanded into a pillar of the national economy during the past decade, and the sector witnessed explosive development from 2008 to 2011.

    Zhang Haoju, a senior car dealer, said the industry recorded annual growth of over 30 percent from 2009 to 2011, and the annual growth in the luxury vehicle market reached 40 percent during the same period, leading some of the world's auto giants to move their production lines to China.

    However, the industry has been undergoing a slowdown since the second half of 2011, and many brands have seen dwindling sales, Zhang said.

    The industry growth slowed following China's economic slowdown, as the country's GDP growth waned for six consecutive quarters to 7.6 percent in the April-June period, marking the weakest gain in three years.

    According to a CAAM report, in the first six months, sales of commercial vehicles slumped 10.4 percent from the same period in 2011, suggesting unusually weak industrial activity.

    Some experts, however, remain positive about the current situation, seeing the high inventories as a temporary issue.

    Dong Yang, vice president of the CAAM, said inventories of imported automobiles are much higher than that of domestic automobiles, and domestic car inventories will drop in August, since many companies will cut production due to summer holidays.

    Luo Lei, deputy secretary-general of the CADA, said the upcoming peak season for car sales during September and October will probably bring the country's auto inventories down to a reasonable level.

    Experts warned that despite the high inventory, China's auto industry also faces some other difficulties such as high fuel prices, high tolls and a lack of parking spaces, which have increased the invisible costs of car ownership.

    Zhang Xiaoyu, president of the Society of Automotive Engineers of China, said that in order to foster a strong auto industry, the country should further explore its rural car market, improve self-innovation capabilities, increase the production of electric and new energy cars and restructure the industry to form some large-scale enterprises.

    日韩亚洲欧美中文高清| 亚洲AV无码乱码国产麻豆穿越 | 台湾无码AV一区二区三区| 无码国产伦一区二区三区视频| 免费无码又爽又黄又刺激网站 | 中文有无人妻vs无码人妻激烈 | 在线看中文福利影院| 无码夫の前で人妻を犯す中字| YY111111少妇无码理论片| 亚洲日本中文字幕区| r级无码视频在线观看| 无码毛片AAA在线| 国产精品中文久久久久久久| 日韩丰满少妇无码内射| 毛片免费全部播放无码| 久热中文字幕无码视频| 久久久久久国产精品无码超碰| 最好看更新中文字幕 | 日韩乱码人妻无码中文视频 | 国产激情无码一区二区app| 中文无码喷潮在线播放| V一区无码内射国产| 中文字幕在线免费看线人| 日韩中文字幕精品免费一区| 无码专区天天躁天天躁在线| 无码人妻丰满熟妇啪啪网站| 最近2019免费中文字幕6| 亚洲精品中文字幕乱码三区| 国产亚洲情侣一区二区无码AV | 国产成人无码综合亚洲日韩| 一区 二区 三区 中文字幕| 国产 日韩 中文字幕 制服| 无码AⅤ精品一区二区三区| 无码专区AAAAAA免费视频| 国产成人麻豆亚洲综合无码精品 | 最近2019年免费中文字幕高清| 亚洲午夜无码久久久久小说| 92午夜少妇极品福利无码电影 | 精品国精品无码自拍自在线| 亚洲熟妇无码八AV在线播放| avtt亚洲一区中文字幕|