Recently, the China Automobile Dealers Association released the latest statistics show, year 1 to August a total of second-hand car trading was 2,319,900, an increase to 12.64%, second-hand car trading volume this year will reach 400 million.
The largest growth in passenger cars:
Analysis pointed out that second-hand car trading volume growth this year, the largest part of the remains of passenger cars, trading cars the first eight months amounted to 1.25 million, accounting for 54.07% of total growth rate reached 20.18%. The growth rate of passenger cars and trucks have been hovering around the 5% as growth in recent years except 2008, the lowest in outer years. Monthly trading second-hand car from the national trend, this year's trade peaked in March, the transaction amounted to 331,600, the chain up to 89%. Trading volume for four consecutive months or more remained at a high volume of 30 million this month, second-hand car trading volume reached 313,400, growth of 6.91%.
China-made cars for the transaction subject:
China-made cars are still the main used-car transactions, January to August this year, trading volume reached 2.22 million, accounting for 95.69%. The number of private car used cars accounted for 85.61% of total trade, compared with the same period last year increased by 0.58%, of which cars accounted for 56.45%. See from the distribution of vehicle age, 3 to 10 years age of the vehicle before the August model-based cumulative total of 1,733,900 transactions, 74.75% of total trading volume, the proportion decreased compared to 2.56% over the same period last year. And 10 years old model but an increase of share of more than 1.99 percentage points.
Expected:
According to Association of Automobile Manufacturers is expected from 2010 to 2012, China's second-hand car market is expected to appear for the first time a "blowout" market, the market scale reached a new level of 400-420 million.
Description:
China Automobile Dealers Association, CADA (China Automobile Dealers Association) is engaged in the business car sales, used car trade, car clubs, car decoration and beauty supplies, car rental, auto parts, motorcycles and accessories and other auto circulation, and many types of industries and enterprises relevant scientific research institutions, social groups and individuals from the composition of the national automotive sector areas restricted circulation of social groups (Ministry of Civil Affairs National Societies Registration No. 3100).
China Automobile Dealers Association is the only vehicle circulation registered with civil affairs departments have the legal status of the national community organizations. Association was founded in 1990, under the State-owned Assets Supervision and Administration Commission. Work of the association to accept NDRC, the Ministry of Commerce, the Ministry of Public Security, Ministry of Labour, Business Administration, Taxation, Customs, the State Statistics Bureau and other government departments guidance. The Association has members located in the provinces, prefectures. Major cities and coastal cities are more members of the distribution area.
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