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Car Dealers in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car Dealers Market Research Report | Jun 2014

IBISWorld’s Car Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$473bn
Annual Growth 09-14
18.5%
Annual Growth 14-19
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Profit
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Employment
887,894
Businesses
36,075
Industry Analysis & Industry Trends

In the five years to 2014, the Car Dealer industry in China has been growing at an annualized rate of 18.5% to reach $472.7 billion. After a boom in car sales in 2009 and 2010 – driven by favorable government policies – industry revenue growth slowed down in 2011 and 2012.

In 2013, benefiting from passenger car replacements in first- and second-tier cities and first purchases in third- and forth- tier cities, China's automobile sector resumed growth. About 22.1 million cars were sold in 2013 and industry revenue grew 20.0%. Therefore, the Car Dealers in China developed faster in 2013 compared with 2011 and 2012. In 2014, the industry revenue is expected to increase to $472.7 billion, up 15.5% from 2013.... purchase to read more

Industry Report - Starting a New Business Chapter

Most international car brands have established 4S stores in China. These stores are often designed and constructed to specified requirements and standards of the vehicle manufacturers, particularly at the high-end market. In order to reflect the high level of their cars, luxury car suppliers usually require the 4S stores to be designed and constructed to very high quality standards. In addition, costs to operate those luxury stores are also high for motor vehicle dealers. Therefore, the high investment in establishments is a major barrier to entry.

In recent years, passenger car prices have been decreasing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car Dealers Industry?

The Car Dealer industry retails new and used passenger automobiles. These cars are used to carry passengers and their personal luggage, and have no more than nine seats. The main products retailed within this industry include: sedans and general cars, multi-purpose vehicles (MPVs), sports utility vehicles (SUVs), and cross-over passenger cars.

Industry Products
4S and 3S storesCar hypermarketsVehicle specialty stores
 
Industry Activities
Retail in 4S storesRetail in 3S storescars in car hypermarketscars in specialty stores


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