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Thursday, 24 February 2011, 13:23 HKT/SGT
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Source: Qualitydress.com
Qualitydress.com: 2011 China Automobile Price Trend

BEIJING, Feb 24, 2011 - (ACN Newswire) - Qualitydress.com's (http://www.qualitydress.com/products/) latest report shows that in the year 2011, it is influenced by canceling the purchase tax and the policy of auto replacement. So the prices at the fairs are stable with a slight decline which influenced by relation between supply and demand.

The macro economy is going well and adjustment of industrial policy, which have affected on our country automobile market. And the production sales have already increased 30% in constantly two years, so if the cardinal number is big, the increment speed will still increase 15%.

The analyst of qualitydress.com said that in the first half of the year, with the gradual eased of the contradiction of the tenses between supply and demand, the car price will dip slightly or meet a steady tendency. While in the other half of the year, the output will successively release and the market competition turns to fiercer. To motivate demand by promotion will lead to the escalation of the price war, which will cause the price decline in a stable circumstance. The decreasing amplitude will be a little higher than the first half of the year as is estimated that it will be at 0.5% all year around.

Qualitydress.com points out that with the termination of which will come into force from 2011 and implement in the next two years including the preferential vehicle purchase tax, the car going to the countryside and the old-for-new service and the unveiling of measurements to handle congestion among some big cities, the increasing of car demanding will be slow down to some extend. It will also play an alleviating role in the hot flush in the last year-end caused by people bought cars right before the policies have been repealed. The price will gradually fall as supply-demand relation has changed.

Contact:
www.qualitydress.com
Tel:   +86-10-65569770
Email: my@qualitydress.com



Topic: Research / Industry Report
Source: Qualitydress.com

Sectors: Automotive
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