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Market Research Report on China Automobile Distribution Industry, 2010-2019

  • Date Submitted: 12/10/2015 10:53 PM
  • Flesch-Kincaid Score: 49.2 
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Dec., 11, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Research Report on China Automobile Distribution Industry, 2010-2019”. As car market in big cities has already saturated while that in small and medium-sized cities is growing fast, car dealers find it the hope for future growth.

After entering WTO, China has witnessed a rapid development of its auto industry. And China has been the worlds largest auto producer and seller for six years from 2009 to 2014. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-16793/research-china-automobile-distribution.html" In 2014, auto sales reached 23.4919 million in China with a year-on-year increase of 6.9% while auto output reached 23.7229 million, increasing 7.3% year on year. Specifically, passenger car sales reached 19.7006 million in China in 2014 with a year-on-year increase of 9.9% while auto output reached 19.9198 million, increasing 10.2% year on year. The rapid growth in auto output and sales promotes the fast development of automobile distribution industry.

The sales model of car in China could be divided into automobile franchised store (1S-5S), auto mall, auto market and auto park. According to investigation, by the end of 2014, car dealers in China had exceeded 60,000 (most are individual shops), among which over 20,000 are 4S shops that report many openings and bankruptcies each year, over 1000 are new car market and parks, over 1000 second-hand car market and over 2000 auto sparepart and accessory market. Due to adjustment and promotion of market competition and city plan, car trade in Chinese market has become concentrated.

The level of concentration in auto market is rising fast. In 2014, 6.245 million vehicles were sold by the top 100 dealers in China with a year-on-year increase of 12.5%, among which 0.35 million are due to second-hand car replacement which increasingly contributes to the sales of new car. And the top 100 dealers also created...

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