【库存指数】2025年6月中国汽车经销商库存预警指数为56.6%

Core Viewpoint - The latest Vehicle Inventory Alert Index (VIA) for June 2025 indicates a slight increase in inventory levels among Chinese auto dealers, reflecting a decline in market demand and increased pressure on the automotive circulation industry [2][4]. Inventory Index Summary - The inventory alert index for June 2025 stands at 56.6%, a year-on-year decrease of 5.7 percentage points but a month-on-month increase of 3.9 percentage points, indicating a decline in industry prosperity [2]. - Only 27.5% of 4S dealerships met or exceeded their sales targets in the first half of the year, with 72.5% falling short, highlighting significant inventory accumulation risks [4]. - The inventory sub-index has risen significantly, while market demand, average daily sales, and operational conditions sub-indices have decreased, indicating heightened market pressure [4]. Regional Index Summary - The national total index is 56.6%, with regional indices as follows: North Region at 60.2%, East Region at 54.9%, West Region at 62.7%, and South Region at 49.6% [6]. Brand Type Index Summary - In June, the indices for luxury and imported brands, joint ventures, and domestic brands have all increased month-on-month, suggesting some resilience in these segments [8]. Market Outlook - Despite new vehicle launches and regional auto shows potentially boosting sales, market demand is expected to decline in July due to demand exhaustion, adverse weather conditions, and the traditional off-peak consumption season [8]. - The China Automobile Dealers Association recommends that dealers rationally estimate actual market demand and enhance promotion of vehicle trade-in and scrapping policies to boost consumer confidence [8].