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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

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
$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 Analysis Chapter

During the five years through 2015, revenue for the Car Dealer industry in China is estimated to grow at a strong average rate of 9.5% per year. This strong performance is largely attributed to rising domestic demand, lower vehicle prices and growth in personal disposable income levels.

Passenger cars for private use comprise the largest product segment in the industry, particularly in urban areas. Demand for passenger cars increased rapidly over the past decade, first in large cities and then in second-grade and third-grade markets.

The most common type of car dealership is 4S (sales, spare parts, service and survey) stores. However, the relatively large investment in such stores jeopardized their own survival, and many of them closed in 2008... 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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