June 27, the China Automobile Dealers Association China Automobile Trading Co., Ltd. has released the latest import car market conditions.
The data show that the Customs vehicle imports in May this year, an increase of 51.4 percent to 117,000, including 114,900 passenger cars imports, an increase of 51.9%. Nevertheless, the increasing margin of preference of imported cars has demonstrated the imbalance between supply and demand.
The data show that in May of this year, car, SUV and MPV were imported 46000, 63000 and 06000, year on year growth of 28.9%, 71.9% and 79%, respectively. Which, SUV imports of total imports accounted for more than cars, more than 50%.
Steel downstream industries are still in the doldrums under the premise of the automotive market can be described as the brightest spot in the performance of gratifying. But the inventory of the automotive market has been in a high, limited impact on the car market in the spring but then the winter of the steel industry.
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