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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 | May 2015

The Car Dealers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$429bn
Annual Growth 10-15
9.5%
Annual Growth 15-20
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Profit
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Employment
954,486
Businesses
37,358
Industry Analysis & Industry Trends

In the five years to 2015, revenue for the Car Dealers industry in China is estimated to grow at an annualized rate of 9.5% to $428.9 billion. Following a boom in car sales in 2009 and 2010, driven by favorable government policies, industry revenue growth slowed.

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 13.4%, representing an increase compared with 2011 and 2012. In 2014, as the sales volume growth of automobiles slowed to 6.9%, industry revenue growth declined to 6.2% during the year. In 2015, the industry revenue is expected to increase to $428.9 billion, up 5.9% from 2014.... purchase to read more

Industry Report - Industry Investment Chapter

For every dollar spent on wages in this industry, about 34 cents are invested in capital. Car dealer enterprises, especially 4S stores, invest greatly in fixed assets, resulting in a relatively high depreciation level of 2.0% of revenue. Also, the retailing of motor vehicles is characterized by low sale volumes but high prices. Therefore, the industry does not require a great number of employees. However, many of them receive relatively high wages... 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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