Car inventory cycle curbs in August is still not optimistic

Although the month-by-month growth momentum of the auto inventory cycle has been curbed in August, it is still at a high level. The data released by China National Automobile Research Institute on the 1st showed that the automobile inventory cycle was 57 days in August, which was a decrease of 1 day compared with July, in which the inventory cycle of passenger cars was reduced from 60 days to 58 days, and the inventory cycle of commercial vehicles was increased from 50 days. 51 days.

Although the inventory cycle has decreased in August, it is still not optimistic. According to statistics from the association, from January to July this year, the auto inventory cycle increased month by month, from 41 days in February to 58 days in July, an increase of 17 days. This has a big impact on the turnover of funds for auto companies and dealers.

Therefore, China Automobile Research recommends that auto companies adjust production and sales targets. Zhao Hang, director of China National Automobile Research Center, said that the company’s inventory is increasing. If the company consistently organizes production in accordance with the original production and sales targets, the company’s capital occupancy rate will increase and the period will increase. It is recommended that auto companies adjust their inventory. Year-round goals.

Analysts pointed out that the main task in the second half of this year is not to continue to increase production quickly, but to regulate and control inventory to a reasonable period. This cycle is not one or two months in time. It is the range of capabilities the dealer funds can afford.

Even so, according to Cui Dongshu, the deputy secretary-general of the National Federation of Chessmen, the auto industry will not bottom out. He told reporters that the auto industry's production and sales risk is accumulating, but fortunately, the recent auto manufacturers take the initiative to adjust the pace of production and market promotion to ensure that the industry risks are within control. He believes that as the economic trend is stable and consumer confidence is stable, car demand will not be too big a problem.