China macro network on August 4, recently, the China Automobile Dealers Association（CADA） released the latest “China auto dealers inventory early warning index survey” shows that in July 2021 auto dealers inventory early warning index is 52.3%, a sharp year-on-year decline of 10.4 percentage points, down 3.8 percentage points month-on-month, inventory early warning index is located above the line of expansion or contraction.
From the perspective of the consumer data of the auto industry, the monthly consumer demand index of the domestic auto market in July 2021 was 75.9, up 1.7 percentage points from June. China Automobile Dealers Association estimated that in August, domestic auto consumer demand momentum is expected to further release.
From the perspective of the consumption growth trend of the automobile industry, the rapid growth period of the automobile industry has ended in 2018. However, this year, due to the epidemic, market, chips, components and other factors, the automobile market consumer demand has increased. In the second quarter of this year, the domestic automobile market suffered from a “lack of core” test, most orders were delayed, and the demand was not fully realized. With the chip supply pressure weakened, auto manufacturers gradually restore production capacity, the second half of the year, auto consumer demand will continue to be strong.
Industry analysts say the auto industry is going through a. On the one hand, the trend of traditional automobile consumption market will decline irreversibly; On the other hand, the Internet of things, artificial intelligence, clean energy as the main selling point of new energy vehicles will “emerge.” From the development trend of the automobile industry, China in the first round of large-scale automobile universal “dividend period” has been in the past, the future growth of the auto industry will focus on how to better meet the needs of the people for a better life, in terms of the auto industry, intelligent, networked, energy-efficient new energy vehicles will be auto market consumer demand.
