久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Make me your Homepage
left corner left corner
China Daily Website

Many automakers look inland for further growth

Updated: 2012-04-23 11:19
By Jenny Gu (China Daily)

'Top-tier' cities facing congestion, rising rates of vehicle ownership

Many automakers look inland for further growth
March light vehicle sales came out lower than expected with passenger vehicle sales growing 7 percent compared to March last year, while light commercial vehicle sales were flat for the month.

Through the first quarter, passenger vehicle sales only grew 2 percent to 3.4 million units as light commercial vehicles saw a 6 percent decline year-on-year to 1.4 million units.

The March figures put projected sales for the year - known as the seasonally adjusted annual rate - at 18 million units, down 16 percent from the 21.4 million units projected in February.

In the first quarter, the rate averaged 18.6 million units, compared to 18.7 million units in fourth quarter of 2011 and 18.6 million units in the first quarter of 2011.

We believe that the 2011 first quarter figure included some volume pushed through from the last quarter of 2010, which made the first quarter of 2012 look weaker than it actually was.

Yet it does appear that the market has slowed.

Market fluctuations, whether up or down, impact segments at different rates. When the market slows, it is the mini-car segment that is first to weaken, then the sub-compact, compact and so on up through the size segments. This is also true for a strengthening market, when again the smallest segment responds fastest.

In the first quarter, mini-car sales plummeted 29 percent year-on-year, followed by the sub-compact segment, which was down 10 percent. Buyers of economy cars are hit harder in a downward economy than those in the upper segments. This is the reason why local brands usually earn market share in a booming market and lose it in a moderate one.

The luxury segment is usually the last to be hit. In the first quarter, luxury car sales increased 22 percent compared to the same period last year. If you combine in luxury SUVs, the segment surged 33 percent. But it should be noted that the incentives provided in the luxury vehicle market have increased compared to the fourth quarter of 2011.

The luxury brands are opting to sacrifice some profit to gain buyers who typically shop in the midsize segment. This has enabled them to maintain double-digit growth in a weak market.

The retail price of some entry-level luxury cars is now even lower than midsize cars such as the Accord, Camry and Passat. We expect the growth of luxury vehicles to moderate in the coming months because we assume these levels of incentives are not sustainable.

The SUV segment grew 20 percent year on year, driven largely by midsize and luxury SUVs. The majority of the segment, compact SUVs, only realized 10 percent growth. The number of local branded SUVs has mushroomed in the compact SUV segment, despite already-fierce competition.

Following demand

As the market weakened, most automakers turned their attention to smaller cities that have showed solid demand in recent times.

The emerging markets have lower urbanization rates, lower vehicle penetration rates, higher populations, greater land areas and larger overall GDPs than many developed areas. Their rate of motorization is similar to bigger cities five years ago.

It is believed that demand for new vehicles will slow in developed markets after car density reaches a certain level and as second-hand vehicle sales rise to take over part of the demand for low-end vehicles. Constraints on road construction and traffic conditions will also limit growth in these areas.

These regional dynamics require careful planning by carmakers when building their product portfolios and designing their marketing plans.

That is why manufacturers choose to keep previous generations of vehicles when launching new ones - the different models meet different demands in different areas. Shanghai GM is renowned for adopting unique marketing strategies for the different markets in China.

Overall, given the low penetration rates around the majority of the country, we still believe demand will remain strong.

Considering sales from May to August in 2011 were affected by the earthquake in Japan, year-on-year growth is expected reach double digits in the second quarter. Our 2012 light vehicle forecast remains unchanged at 14.3 million units, up 8 percent from 2011.

The author is a senior analyst at LMC Automotive . She can be reached at JGu@LMC-auto.com

Many automakers look inland for further growth

Previous Page 1 2 3 Next Page

 
8.03K
 
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美肥大bbwbbw高潮| 欧美tickle裸体挠脚心vk| 亚洲影视在线播放| 欧美日韩精品一二三区| 日韩福利视频网| 精品久久久久久亚洲综合网| 国产精品一区二区三区乱码| 国产精品久久久久7777按摩| 欧洲av一区二区嗯嗯嗯啊| 视频在线在亚洲| 久久天天做天天爱综合色| 不卡大黄网站免费看| 亚洲制服欧美中文字幕中文字幕| 91精品国产丝袜白色高跟鞋| 国产成人在线观看| 一区二区三区免费观看| 日韩欧美在线观看一区二区三区| 韩国精品久久久| 亚洲少妇30p| 91精品婷婷国产综合久久竹菊| 国产一区二区三区免费播放| ...av二区三区久久精品| 8x福利精品第一导航| 国产一区二区三区四区五区入口| 亚洲卡通欧美制服中文| 欧美一级片在线看| 成人福利视频在线看| 日韩精品91亚洲二区在线观看| 久久免费视频一区| 在线精品视频免费观看| 精品一区二区三区免费播放| 亚洲免费av观看| 精品日韩欧美在线| 91黄色免费看| 国产精品一二二区| 亚洲国产成人tv| 久久久久久久电影| 欧美日韩国产一二三| 国产成人福利片| 石原莉奈一区二区三区在线观看| 国产精品午夜免费| 91精品国产一区二区三区蜜臀| caoporn国产一区二区| 日本不卡视频在线观看| 综合久久久久久久| 精品乱人伦一区二区三区| 色菇凉天天综合网| 国产91精品入口| 美脚の诱脚舐め脚责91 | 欧美系列日韩一区| 国产经典欧美精品| 日韩电影在线看| 亚洲摸摸操操av| 久久久久高清精品| 91精品午夜视频| 在线精品视频一区二区三四| 国v精品久久久网| 蓝色福利精品导航| 亚洲成人免费视频| 亚洲人成网站精品片在线观看| 2024国产精品| 91精品婷婷国产综合久久| 91成人免费在线视频| 成人黄色777网| 激情综合色综合久久综合| 性欧美大战久久久久久久久| 中文字幕亚洲综合久久菠萝蜜| 精品成人私密视频| 91精品婷婷国产综合久久性色| 欧亚洲嫩模精品一区三区| 97成人超碰视| 成人一区二区三区视频 | 欧洲精品在线观看| 91亚洲精品一区二区乱码| 国产成人精品一区二区三区四区 | 成人综合在线观看| 国产在线精品一区二区不卡了 | 欧美日韩国产一区| 91福利区一区二区三区| av一区二区久久| 成人免费视频视频在线观看免费 | 亚洲一区二区欧美日韩| 亚洲欧美日韩国产综合在线| 中文字幕免费在线观看视频一区| 久久久久久久免费视频了| 日韩精品一区二区在线观看| 日韩一区二区在线观看视频播放| 欧美精品777| 欧美日韩一区三区| 欧美日韩亚洲综合| 欧美三级一区二区| 欧美日韩一区不卡| 欧美日韩一区不卡| 欧美精品视频www在线观看| 欧美日韩专区在线| 欧美日韩二区三区| 欧美日韩一区二区三区在线| 欧美日韩国产小视频| 欧美剧情电影在线观看完整版免费励志电影| 91成人网在线| 欧美日韩成人综合在线一区二区| 欧美影院一区二区| 欧美日韩一卡二卡| 欧美一区2区视频在线观看| 日韩视频在线一区二区| 日韩一区二区三区在线观看| 欧美大片顶级少妇| 欧美精品一区二区三区很污很色的| 精品嫩草影院久久| 久久久久9999亚洲精品| 国产三级精品视频| 中文字幕一区二区日韩精品绯色| 亚洲免费在线观看| 亚洲图片欧美色图| 日本va欧美va精品发布| 韩国av一区二区| 成人性色生活片| 色综合久久综合网欧美综合网 | 欧美一级欧美三级在线观看| 精品国产一区久久| 国产区在线观看成人精品| 国产精品久久久爽爽爽麻豆色哟哟 | 精品国产一区二区精华| 久久久久久久久久久久电影| 国产精品福利影院| 亚洲一区二区精品3399| 青青草原综合久久大伊人精品| 激情综合网av| 波多野结衣在线aⅴ中文字幕不卡| 一本在线高清不卡dvd| 欧美日韩激情一区二区三区| 日韩欧美在线1卡| 国产精品入口麻豆九色| 亚洲你懂的在线视频| 午夜精品久久久久影视| 韩国三级中文字幕hd久久精品| 成人av在线资源| 欧美日韩亚洲国产综合| 日韩你懂的在线播放| 亚洲国产精品v| 亚洲国产裸拍裸体视频在线观看乱了| 蜜乳av一区二区| 成人av网址在线观看| 欧美视频一区二区三区四区| 精品剧情在线观看| 中文字幕一区在线| 日本在线播放一区二区三区| 国产精品99久久久久久似苏梦涵 | 日本国产一区二区| 日韩视频在线观看一区二区| 国产精品理论片| 日本亚洲天堂网| 成人av在线看| 欧美一级爆毛片| 中文字幕亚洲在| 久久精品国产在热久久| 91视视频在线直接观看在线看网页在线看| 欧美日韩国产三级| 欧美高清在线一区二区| 亚洲6080在线| 成人网在线播放| 日韩欧美一级在线播放| 亚洲欧洲av色图| 久久福利视频一区二区| 91浏览器入口在线观看| 日韩精品一区二区三区在线观看| 自拍偷拍国产亚洲| 久久91精品久久久久久秒播| 日本电影亚洲天堂一区| 久久久综合网站| 亚洲va欧美va人人爽| 成人污视频在线观看| 日韩一级大片在线观看| 亚洲男同性恋视频| 国产成人精品亚洲午夜麻豆| 欧美一区二区在线视频| 亚洲欧美另类小说视频| 国产一区二区伦理| 欧美精品久久久久久久久老牛影院| 国产欧美综合色| 久久国产福利国产秒拍| 欧美一区二区三区在线电影| 国产女人18毛片水真多成人如厕 | 欧美国产精品久久| 欧美aaaaaa午夜精品| 色哟哟欧美精品| 国产日韩欧美综合在线| 美女精品一区二区| 欧美日韩国产bt| 亚洲精品国产一区二区三区四区在线 | 北岛玲一区二区三区四区| 欧美videossexotv100| 亚洲综合在线第一页| jlzzjlzz欧美大全| 久久久久国产精品人| 蜜臀av一区二区| 欧美日韩国产一级片| 一区二区高清免费观看影视大全 | 激情都市一区二区| 91精品婷婷国产综合久久竹菊|