President of Automobile Circulation Association: the stock market has entered the stock market, and the stock should be activated

category:Finance
 President of Automobile Circulation Association: the stock market has entered the stock market, and the stock should be activated


Shen Jinjin summarizes and analyzes the characteristics of 2019 automobile market. First, the sales of new cars in the first and second tier cities are better than those in the third and fourth tier cities. In the past, people used to think that the demand for new cars in the first tier and second tier cities has been saturated, and they focus on the third tier and fourth tier cities and continue to sink channels. However, through the data, it is found that the places with large ownership are the places with the most demand, and most of these demands come from replacement demand. Second, luxury brands have maintained a double-digit growth, and the sales share has increased significantly, which is mainly due to the consumption upgrading brought by the replacement. Third, the second-hand car market is better than the new car market, and the trading volume and trading volume show a double growth trend.

Shen Jinjin said that in the past, people paid more attention to the increment. At present, Chinas car ownership has reached 250 million, and the stock has become the focus that must be faced and concerned. Therefore, it is very important and urgent to actively and expand the second-hand car trade.

Shen Jinjin pointed out that in the mature automobile market, the trading volume of second-hand cars is mostly 2-3 times of the sales volume of new cars. China is upside down, with nearly 30 million new cars sold and only 14 million used cars traded.

In the second-hand car trading process, there are still some policy bottlenecks, such as the unreasonable collection of value-added tax, the lack of commodity attributes of second-hand cars, and the lack of self-discipline and integrity in the second-hand car market, which restrict the growth of business entities and the prosperity of the market. Shen said.

Shen Jinjin suggested that we should develop the two wheels of driving the healthy development of automobile market, the second-hand car and automobile finance, through policy guidance and structural adjustment, so as to truly form the endogenous power to activate the market. Shen Jinjin also mentioned that the decline of the market has also brought huge pressure to automobile manufacturers. From the data, it can be seen that the automobile production and sales volume, revenue and profit of manufacturers have declined significantly, which is very rare in the past. The contradiction between manufacturers is increasingly prominent. To this end, Shen Jinjin appealed to the production enterprises: to change the mode of production, to change production and sales into production and sales, to reach a consensus on reasonable inventory between manufacturers, and to pay more attention to the health of channels. At the same time, he also suggested that dealers should actively embrace the era of Internet and digital economy, focus on improving operational efficiency and user experience and satisfaction. Source: surging news editor: Chen Hequn, nb12679

Shen Jinjin suggested that we should develop the two wheels of driving the healthy development of automobile market, the second-hand car and automobile finance, through policy guidance and structural adjustment, so as to truly form the endogenous power to activate the market.

Shen Jinjin also mentioned that the decline of the market has also brought huge pressure to automobile manufacturers. From the data, it can be seen that the automobile production and sales volume, revenue and profit of manufacturers have declined significantly, which is very rare in the past. The contradiction between manufacturers is increasingly prominent.

To this end, Shen Jinjin appealed to the production enterprises: to change the mode of production, to change production and sales into production and sales, to reach a consensus on reasonable inventory between manufacturers, and to pay more attention to the health of channels. At the same time, he also suggested that dealers should actively embrace the era of Internet and digital economy, focus on improving operational efficiency and user experience and satisfaction.