According to a report released by the National Passenger Vehicle Market Information Association, the auto market in May is in good shape. It is estimated that the retail sales will be 1.4 million units in May and the wholesale volume will be 1.46 million units, up 17% and 16% respectively. According to Cui Dongshu, the secretary general of the Association, the overall situation of the auto market in May, the new car is more important than the replacement model, the car market intentions and orders to maintain a good heat, the average price of the car market rose, the promotion is relatively slightly increased, it is expected that retail in May 140 Wantai, a year-on-year increase of 17%, wholesale 1.46 million units, an increase of 16%. "At present, the auto market in May is a little bit more unusual." Cui Dongshu said, "May retail sales in May may be a growth trend in April, which is beyond the expectations of many people, because in normal times, May is April. It is falling." Cui Dongshu said that the unusual preference of the auto market in May was a comprehensive manifestation of the market-limited panic environment and economic stability. Especially in the second- and third-tier cities, the rushing purchase rumors caused more panic buying than the Beijing-Hangzhou and other cities. The decline in house prices, the pressure on the wealth management products such as Alipay, and the downturn in the stock market have led to a lack of investment channels, which has caused consumption to heat up and form a cold and hot car. In the case of the general preference of the sedan market in May, the decline in self-owned brands is still relatively obvious, but compared with the sharp decline in the share of self-owned brands in the first four months of this year, there have been signs of recovery in May. In addition, China Automobile Dealers Association released the analysis of the second-hand car trading market in April. In April, the used car market trade volume was 501,500 units, down 2.38% from the previous month, and the transaction volume was 30.940 billion yuan, down 4.19% from the previous month. (
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