|

Contact Us

Home> China> News detail

VIA stays high in July

Biwen Wang From 盖世汽车| August 03,2017

VIACADA,VIA,Vehicle Inventory Alert Index

Currently, data from CADA shows that Vehicle Inventory Alert Index shows 52.5% in July, decreasing 5.7 percentage points than the previous month, but it still stays higher than the 50% alert line.

To accomplish the semi-annual target, some engine plants increase dealerships’ delivery capacity in June. Slack market demand in June also stimulates VIA to increase to 58.2%. Some dealerships began to control inventory with the coming of slack seasons, showing decreasing VIA in July. But the number also keeps higher than the alert line, showing large inventory pressure.

It’s analyzed that the lowering market demand resulted by high temperatures and the overdrawn demand by promotion activities in June are the main reasons for the high VIA. Besides, the hot house transactions also attract great funds, resulting in lowering demands.

It should be mentioned that VIA numbers across all national districts have also been released in July. The northern, eastern, western and southern areas have the VIA numbers of 49.6%, 53.0%, 56.6% and 50.9% respectively. Large international auto shows in northern areas stimulate the local demands, showing the lowest VIA number.

It’s expected that auto sales volumes continue to keep down in August. In the meantime, dealerships are also pessimistic on the market environment in August.

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: khoahocxaydung.info.

Install Gasgoo APP

Anytime and anywhere to know the dynamics of China's auto industry

www.velotime.com.ua/

Велосипеды Giant

here

| | | |

Site: Khoahocxaydung| | | | |

Copyright Notice © 2017 Khoahocxaydung.info Corporation and its licensors. All rights reserved.