It is still not easy for Japanese cars to recover in the fourth quarter because of the favorable factors in the car market.


Release time:

2022-08-30

In 2012, China achieved 19.3064 million car sales, up 4.3 percent year-on-year. Considering that the sales base is already very high and the macroeconomic growth rate is slowing down, at the beginning of this year, many people predicted that the growth rate of the auto market this year will be in single digits. However, in the first three quarters of the past, my country's auto sales have generally achieved double-digit high growth. From January to September, China's automobile production and sales completed 15.9384 million and 15.8831 million vehicles respectively, up 12.8 and 12.7 respectively. Among them, 12.9271 million and 12.8493 million passenger cars were produced and sold, up 13.7 and 14.0 respectively.
 
In the fourth quarter, even with zero sales growth (that is, 5.2141 million vehicles as in the fourth quarter of last year),2013 sales for the whole year will reach 21.0971 million vehicles, up 9.3 per cent from a year earlier. And the fourth quarter sales to achieve year-on-year growth is very likely. According to a survey of industry insiders by Gestapo (survey time: September 29-October 13, 2013, with 2115 participants), nearly 90% of people believe that sales will increase by more than 5% in the fourth quarter of this year. Specifically, 46% of people think that the growth rate in the fourth quarter will reach more than 10%, 40% think that the growth rate will be between 5% and 10%, while only 14% think that the growth rate will be less than 5%.