2013 Segment Demand Forecast

2013 Segment Demand Forecast Based on the opinions of the chief salespersons of the major production companies in the industry and the combination of macroeconomic development trends, the China Association of Automobile Manufacturers predicts that the demand for the automotive market in 2013 will be around 20.8 million vehicles (the year's auto market demand = total Sales volume - volume of export imports. China's auto sales for the year were 20.65 million (of which 19.3 million were for domestic sales and 1.3 million for exports), and the growth rate was about 7%. The breakdown of specific car models is as follows.

Passenger Car Market Forecast In 2013, the passenger car market is expected to maintain stable growth with sales of approximately 11.55 million cars, an increase of approximately 7.5%.

The market demand for SUVs is still strong and sales volume will maintain a relatively high growth rate. It is estimated that sales of SUVs in 2013 will be approximately 2.46 million units, with a growth rate of approximately 23%. SUVs have many advantages, such as multiple functions, strong individuality, and good passability. They have become hot models in the market and demand growth is much higher than the average of passenger cars.

In 2013, the demand for MPV market was insufficient. It is expected that the sales volume of MPV in 2013 will remain basically the same as in 2012, which is approximately 490,000 vehicles.

It is expected that the demand for cross-type passenger cars will remain low in 2013, with sales of approximately 2.3 million vehicles, an increase of approximately 2%.

Based on the detailed forecast of the segmented passenger vehicle market segment, it is expected that the sales volume of passenger vehicles in 2013 will be approximately 16.8 million, an increase of approximately 8.5%.

The commercial vehicle market is forecasted to slow down in China's economic growth while focusing on economic growth and quality policy guidance. In 2013, the demand for the truck market is expected to be weak, with a slight increase in sales, which is approximately 3.33 million vehicles, an increase of approximately 1% year-on-year. .

As China's urbanization progresses steadily, the passenger transportation market continues to grow, and product categories are more abundant, the Chinese bus market will maintain relatively stable growth during 2013 and beyond. It is estimated that the sales of passenger cars in 2013 will be approximately 520,000 vehicles, with an increase rate of approximately 5%.

The direction of the commercial vehicle market is mainly determined by the country’s macroeconomic environment and the direction of policies and regulations. It is related to the national economic growth and industrialization process. It is predicted that the overall commercial vehicle market in 2013 will have a slight increase over the previous year, with sales volume of approximately 3.85 million vehicles, an increase of approximately 1 percent year-on-year. %.

The import and export situation of the automobile forecasted that the growth rate of imported vehicle market demand in 2013 will continue to fall. Due to the pressure of industry inventory, most manufacturers need to digest the inventory quantity that will continue in 2012. It is estimated that 1.45 million vehicles will be imported in 2013, about the same period last year. Increase by 20%.

As Chinese companies increase their efforts to open up markets, the international trade of Chinese automotive products is relatively active. It is estimated that 1.3 million vehicles will be exported in 2013, an increase of approximately 25% year-on-year.

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