Rapid decline car price, small cars annual highlights

Online automobile marketplace price index showed that the first 11 months of 2006 small cars CHESHI. CAPI decreased by 6.4. The average market price of light trucks fell by 6.4% compared with the beginning of the year. The annual average prices of small car market fell by only 4.2% in 2005. 2006 was a year of rapid decrease in the prices of small cars, what led to a drastic decline in the small car market? Here is a detailed analysis below.

 

In 2006, two main factors caused a rapid decrease in the prices of small cars: First, policy-related factors; second, changes in the supply-demand relations. In April, consumption tax rate adjustment reduced the cost of a small car, haoqing, Xiali, Vizi, vile, vachi have successively lowered the guide price, and the market prices of other models have dropped significantly. In addition the increase in oil prices, the lifting of the ban of low-emission cars and trucks, tent to cause consumers to buy economic and fuel-efficient car, which expanded the market demand.

It has also brought another problem: changes in the supply-demand relations. As the major automobile manufacturers have seen the potential of the small-car market, and thus the new kiun, Peugeot 206, Sidi, yuefeng, accent, POLO strong feelings, jinqu, Citroen C2 (thesis photo data parameters trial driving), small cars have been listed. Sharp increase of small car models cause the market competition intensified, meanwhile oversupply increased the burden on the auto manufacturers. So from beginning of June small car market prices had entered a rapid period of declining.

The figure lists several kinds of small cars with large decline range price. In the small car market in 2006, the decline price of FIT-two was as high as 12.5%. And then Accent, the accent listing initial prices was high, resulting in poor initial sales, with monthly sales only around 3000, after the July accent official lowered sales price and sale revenue has been markedly improved. Meanwhile, newly listed Sidi, Yuefeng, Peugeot 206 price decline range was relatively large. By the end of November the price decline range was more than 7%.

With the enrichment of small car market and the market demand continues to expand, the small cars will be face a great challenge. But now the entire vehicle market environment and conditions have been greatly improved than before. We have sufficient reason to believe that it would be very optimistic about the prospects for the development of small cars.