5月汽车经销商综合库存系数同比下降4.2% 库存水平处于合理区间

Group 1 - The core viewpoint of the articles indicates that the automotive market in China is experiencing a reasonable inventory level, with the comprehensive inventory coefficient for May at 1.38, showing a month-on-month decrease of 2.1% and a year-on-year decrease of 4.2% [1] - The sales market in May exhibited a "high-low-high" trend, driven by various factors including the launch of car exhibitions, the "May Day" holiday effect, and policies promoting vehicle trade-ins and local consumption [1] - The estimated terminal sales of passenger cars in May reached approximately 1.85 million units, with the total inventory of automotive dealers around 2.55 million units, remaining stable compared to the previous month [1] Group 2 - The three brands with the highest inventory depth in May were BYD, Jaguar Land Rover, and Chery, with inventory coefficients of 3.21, 2.72, and 2.10 respectively, indicating a need for attention due to high inventory levels [2] - The automotive market outlook for June is cautious, with expectations of reduced consumer foot traffic due to the traditional off-season characteristics, although there may be support from holiday travel demand and trade-in policies [2] - The association anticipates that the overall performance of the automotive market in June will be on par with or see slight growth compared to May, while recommending that dealers rationally estimate market demand and enhance promotion of trade-in policies [2]