In the past 2017, China's auto market has not had the enthusiasm of the first 20 years, and it has officially entered the stage of slow growth. The data shows that in 2017, the sales volume of automobiles was 28,788,900 vehicles, an increase of 3.04% year-on-year, and the growth rate was down by 10.61 percentage points. Among them, the sales volume of the passenger car market was 24,718,300 units, which was a year-on-year increase of 1.4% and was also in a state of slight increase.
Statistics show that 2017 is the smallest year in China's passenger vehicle market in the past 30 years. According to industry forecasts, the growth rate of the Chinese auto market in 2018 is also expected to be only 3%. Sales growth slowed down, new entrants continued, and car companies did not decline in performance; therefore, car industry talks had reason to believe that the competition in the domestic auto market in 2018 will be even fiercer, and the auto market may face a new â€œwashingâ€. "Card", from the period of sales growth to a structured adjustment period.
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