AutoBeta(AutoBeta.net)08/06 Report--

Recently, the China Automobile Circulation Association released China's automobile import data for the first half of 2019. According to the data, in June this year, China accumulated imported 105000 cars, an increase of 586.7% over the same period last year. China's total number of imported cars reached 530000, an increase of 17.2% over the same period last year. Of these, 90,000 parallel cars were imported in the first half of the year, an increase of 51.3 percent over the same period last year, accounting for 17 percent of the total imported cars, the highest proportion in nearly six years.

In terms of models, imports of passenger cars reached 516900 in the first half of the year, of which imports of SUV, cars and MPV were 278800, 221000 and 14900 respectively, an increase of 18.5 per cent, 15 per cent and 14.4 per cent respectively compared with the same period last year. While the SUV accounts for 54% of the imported passenger cars, it still accounts for the largest share of imported commercial vehicles.

In terms of brands, among the top 10 imported brands in the first half of the year, Lexus topped the list with 94200 vehicles, BMW ranked second with 81800, and Mercedes-Benz ranked third with 64400. It is worth noting that among the top 10 brands in import volume in the first half of the year, with the exception of a 19.7% decline in Mercedes-Benz imports, the rest of the brands have improved to varying degrees.

Wang Cun, director of the Professional Committee of imported cars of the Circulation Association, said that the reason why imported cars could achieve such a huge multiple growth in June this year was mainly due to the low import base in the same period last year, coupled with the consumption upgrading of the domestic automobile market and the adjustment of value-added tax, so that the number of imported cars increased in the first half of the year compared with previous years.

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