Author: | Xu, Changming |
Title: | An analysis of current auto market and forecast of its trends (original in Chinese) |
Journal: | Forecasting (c)
1996 : 5, p.30-36 |
Index terms: | CAR INDUSTRY MARKET RESEARCH ECONOMIC FORECASTING CHINA |
Language: | chi |
Abstract: | The current auto market overall manifests itself as buyers market, featuring declining demand, increasing stock and factory owners making almost greatest concession in profits. According to the analyses of the development trends of macro economy and the operational law of auto market, the market demand for vehicles will increase again slowly in the second half of the year. In recent years, the demand for sedans, and mini-cars has increased by a large margin and their market shares increased rapidly. However, the demand for mid-and heavy-duty trucks has decreased continuously. So has the demand for light-duty trucks and buses. Their market shares have decreased correspondingly. |
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