In the first half of the year, the overall price of cars rose slightly in the second half of the year.

In the first half of this year, the national automobile market was prosperous in both production and sales, and prices remained generally stable. It is expected that the automobile market price will stably decline in the later period due to factors such as rising inventory pressure and off-season sales promotion.

In the first half of the year, the price of passenger cars was mainly reduced by the majority of commercial vehicles.

According to monitoring by the National Development and Reform Commission's Price Monitoring Center for 36 large and medium-sized cities throughout the country, domestic car prices generally remained stable and slightly volatile in the first half of the year, and car prices rose steadily in the first quarter. Prices in the second quarter fell slightly month-on-month to June prices. Compared with the beginning of the year, it decreased slightly by 0.36% and accumulated 1.22% over the same period of last year. Its market conditions were as follows: passenger car prices were mainly reduced. In the first half of the year, the price of passenger cars was slightly higher than that at the beginning of the year. The price of the basic passenger car dropped by 1.9% from the beginning of the year to a year-on-year decrease of 1.18%. The cumulative passenger car price dropped by 1.8% from the same period of last year; Compared with the beginning of the year, it decreased by 5.34%, and was cumulatively up 1.07% from the same period of last year. Mini-buses were driven by the demand of second and third-tier cities. The price increased by 0.94% from the beginning of the year, and was cumulatively up by 1.14% over the same period of last year.

Commercial vehicle prices rose mostly. In the first half of the year, commercial vehicle prices increased by 3.21% compared with the beginning of the year, accumulatively increasing by 2.47% over the same period of last year. The prices of various types of vehicles increased or decreased. The price of commercial trucks generally rose, which was 5.45% higher than that at the beginning of the year. The price of light, medium and heavy-duty trucks rose 3.86%, 4.93% and 6.16% respectively from the beginning of the year. The price of commercial buses increased by 1.63% from the beginning of the year and was up 1.02% from the same period of last year; among them, the price of large buses was higher than that at the beginning of the year. Up 3.97%, light bus prices fell by 4.51% from the beginning of the year.

In addition, the overall import prices of imported cars have risen this year. Prices of imported cars have continued to rise in February and March, while prices in the other months have shown an upward trend. Prices in June have increased by 5.06% from the beginning of the year, and have accumulated 5.66% over the same period of last year. Among them, imported cars are The price of imported SUVs has increased by 2.73% and 9.58% respectively over the same period of last year.

The price of cars will steadily decline in the later part of this year

Judging from the current situation, it is expected that the automobile market sales in the third quarter will undergo a temporary structural adjustment and will return to growth momentum in the fourth quarter. The auto prices are subject to a large supply of new cars, causing an increase in inventory pressure and an increase in the price of inventories in the off-season. Will steady down.

In the first half of the year, driven by the dual factors of the continued improvement of the national economy and the continuation of industrial policies, the domestic automobile market has once again steadily regained the top spot in the global auto market. In January-June, the national automobile production and sales reached 8.47 million units and 7.19 million units, a year-on-year increase. 44.37% and 30.45%. Among them, passenger car production and sales amounted to 6.27 million units and 5.42 million units, an increase of 45.03% and 25.58% from the previous year. From the perspective of consumption structure, as the gap between urban and rural areas narrows, the second- and third-tier cities’ consumption capacity has gradually increased. The automobile market in the second and third-tier cities has been rapidly developed under the guidance of the policies for the promotion of energy-saving and environmental-protected cars with small cars such as cars for the countryside and the replacement of automobiles, and the country has subsidized 5.543 million cars and motorcycles for the countryside in June, and 7.92 billion yuan in subsidies. Among them, 1.426 million vehicles are subsidized. In addition, a total of 174,000 new vehicles are subsidized in the country, including 69,000 cars, subsidy funds of 2.44 billion yuan, and consumption of new vehicles by 20.5 billion yuan, which has become the main force driving the growth of auto demand in the first half of the year.

According to monitoring statistics, a large number of new vehicles will be released in the third quarter in the second half of the year. In July, an average of 3 new vehicles will enter the market every July. In the following two months, FAW-Volkswagen, Shanghai Volkswagen, Guangzhou Honda, Dongfeng Nissan, and BYD will also be available. , Geely Automobile and many other manufacturers of more than 20 new car landing market.

Judging from market conditions, although a large number of new models have been put on the market, which further aggravates market supply and demand conflicts, in the second half of the year, monetary policies continue to maintain a moderately easing market environment, encouragement of auto credit consumption and support for the development of auto finance companies, and other support measures. In the meantime, the automobile industry will promote growth, the structural adjustment policy will also maintain continuity and stability, and the further implementation of new energy vehicle subsidy policies will all provide strong support to market demand. Moreover, the listing of new vehicles will not only intensify Market competition has also increased the diversity of consumer choices, and has also stimulated consumer demand to a certain extent.

Judging from the current situation, in the first half of the year due to rising inventories, the automotive market has indeed formed a certain price pressure, but the majority of manufacturers inventory is still within the upper limit, if you frequently reduce the price of the car, it may increase consumption while driving demand growth The wait and see mood, so many manufacturers in the first half of the year still hold a more cautious attitude toward price adjustments, more price cuts come from dealers independent price promotions, and most dealers have completed 50% of annual sales tasks, short-term The sales pressure is not big. Judging from this, it is unlikely that there will be a sharp drop in the price in the latter part of the market. In the short term, it will still maintain the trend of stable fluctuations.

In the fourth quarter, due to the end of the year, consumers are expecting to lower their prices and their mindset will continue to increase. Manufacturers are under pressure from inventory and returning funds. They should adopt official price cuts. At the same time, dealers will complete the annual sales target and seize the market. In terms of share, it is possible to continue to increase the margin of preference on the basis of price cuts by manufacturers in order to stimulate the release of demand. Overall judgment, the automobile market price in the second half of the year will show a steady downward and downward movement under the adjustment of supply and demand and moderate adjustment of industrial policies. situation.