Japanese media said that the China Automobile Industry Association announced on the 12th that the car sales in the Chinese market in the first 11 months of this year increased by 14.1% year-on-year to 24.94 million units, exceeding the level of last year.
According to Japan’s Asahi Shimbun reported on December 13, China will also be the first country in the world to sell more than 25 million vehicles a year. In addition to tax cuts, the excavation of local potential demand has also accelerated the upward trend in sales.
Here is the suburb of Changzhou, Jiangsu Province, China. The joint venture “Dongfeng Nissan Passenger Vehicle Company†established by Nissan Motor in China held a sales meeting on the 10th. The main cart type is Qi Jun who is known for its safety technology. Passengers can experience here, with the seat belt fastened, even if the car is turned over, the head will not be strongly impacted by the roof.
In the local cities of China, there are not many car franchise stores. In fact, many people have not seen the newly launched models. Dongfeng Nissan is hoping to bring Qijun to the place, publicize its safety, and conduct business negotiations. This year, Dongfeng Company led Qijun into about 150 local Chinese cities and sold more than 12,000 vehicles. The company's local distributor, Changzhou Zhongtian Rixin Automobile Co., Ltd., this year's sales increased by 20% year-on-year, exceeding the overall market growth. Chen Yicon, chairman of Zhongtian Automobile Group, said that there is still a lot of room for growth.
Some securities analysts believe that in Changzhou, a city as small as Beijing and Shanghai, there is still great potential for the demand for the first car in the family. The Chinese car companies that are known for their low-cost cars at their fingertips have already begun to compete in the sale of small-scale 4S stores.
The tax benefits enjoyed by buying small cars have also boosted car sales. The Chinese government introduced this system in October last year, and the preferential period will be closed by the end of this year. The swarming demand has also led to the popularity of sales this fall.
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