Giuseppe Sandro Mela.
Il mercato automobilistico cinese ha fatto registrare nel primo quadrimestre una crescita del +7% contro una previsione iniziale del +5%.
«China auto sales grew 7 percent in the first quarter»
«Many in the industry had feared that sales would be weak in the first three months after the government rolled back a tax cut on small engine cars on Jan. 1»
«Our current attitude should be cautiously optimistic»
«Vehicle sales rose 4 percent year-on-year in March to 2.5 million vehicles»
«We expect the second, third and fourth quarter to show improvement»
Il mercato automobilistico genera un considerevole indotto. Non è solo questione delle ovvie conseguenze dell’incremento della produzione in senso stretto, ma soprattutto per tutto ciò che ne deriva in termini di officine e carrozzerie per le riparazioni, incremento nei consumi di carburanti e lubrificanti, maggior lavoro per le stazioni di rifornimento e, più in generale, una per tutte l’industria turistica a supporto della maggiore mobilità delle persone.
Non ci si dimentichi come parlando della Cina si parli di una entità a livello continentale, con un mercato interno numericamente cinque volte maggiore di quello statunitense.
→ Reuters. 2017-04-11. China first-quarter auto sales strongest since 2014 despite tax cut rollback
China auto sales grew 7 percent in the first quarter, China’s automakers’ association said on Tuesday, with the strongest January-March period since 2014 setting up the world’s largest auto market for a better-than-expected year.
Many in the industry had feared that sales would be weak in the first three months after the government rolled back a tax cut on small engine cars on Jan. 1, contributing to expectations for a slowdown in 2017 sales.
But first-quarter growth outpaced the China Association of Automobile Manufacturers’ (CAAM) prediction in January that auto sales would grow 5 percent in 2017, and the market is expected to improve further as the year progresses.
“Our current attitude should be cautiously optimistic, as in reality we still feel there is pressure,” said Xu Haidong, a CAAM spokesman, explaining why it was not adjusting the 5 percent forecast.
“This is because of policy changes, as well as related economic trends and other reasons.”
Vehicle sales rose 4 percent year-on-year in March to 2.5 million vehicles, CAAM told reporters in Beijing.
The purchase tax for cars with engines of 1.6 litre capacity or below climbed to 7.5 percent this year from 5 percent in 2016 after the government stepped in to stimulate slumping sales. The tax will rise to the normal 10 percent rate next year.
“We’ve always planned for the fact that (in) the first quarter there would be payback from the pull forward of sales into the fourth quarter (before the incentive was reduced),” Mark Fields, chief executive of Ford Motor Co (F.N), told reporters in Shanghai on Saturday ahead of the CAAM figures.
“We expect the second, third and fourth quarter to show improvement.”
Ford predicts that China’s overall auto sales will be flat or down slightly this year, Fields said. The U.S. automaker is due to report its March China sales on Wednesday.
U.S. rival General Motors Co (GM.N) reported last week that its China sales in the first quarter fell 5.2 percent year-on-year, with the automaker citing the impact of the tax cut reduction.
Automakers with a steady stream of new models, particularly in the hot-selling sport-utility vehicle (SUV) segment like Japan’s Honda Motor Co (7267.T), continue to lead the market. Honda reported its sales grew 16.6 percent in the first quarter.