Core Viewpoint - The latest Vehicle Inventory Alert Index (VIA) indicates that the Chinese automotive circulation industry is currently in a downturn, with an index of 59.8% in April 2025, reflecting a year-on-year increase of 0.4 percentage points and a month-on-month increase of 5.2 percentage points [2]. Inventory and Market Conditions - The automotive market showed weak performance in early April due to seasonal agricultural activities in the north and delayed consumption in some southern regions. The Shanghai International Auto Show later in the month brought new vehicle releases, which temporarily boosted consumer interest but also led to a short-term wait-and-see attitude among buyers [3]. - 58.2% of dealers reported a decline in sales for April, with 38.4% indicating a drop of over 5%. Only 18.5% believed sales increased month-on-month. The overall impact of the auto show on sales will gradually be realized post-event [3][5]. Regional and Brand Performance - The national index for April stands at 59.8%, with regional indices showing variations: North at 59.5%, East at 60.8%, West at 58.8%, and South at 57.1% [7]. - The index for luxury/imported, joint venture, and independent brands increased month-on-month, indicating a mixed performance across different brand types [9]. Future Market Expectations - With the upcoming May Day holiday and various auto shows, marketing activities are expected to enhance consumer interest and purchasing enthusiasm. Dealers have a slightly more optimistic outlook for May compared to April [9]. - The China Automobile Dealers Association suggests that due to increasing market uncertainties, dealers should rationally assess actual market demand and enhance promotion of vehicle replacement policies to boost consumer confidence [9].

点 击 蓝 字 关 注 我 们 本文全文共 1615 字，阅读全文约需 5 分钟 2025年2月28日，中国汽车流通协会发布的最新一期"中国汽车经销商库存预警指数调查"VIA（Vehicle Inventory Alert Index）显示，2025年2月中国汽车经销商库存预警指数为56.9%，同比下降7.2个百分点，环比 下降5.4个百分点，库存预警指数位于荣枯线之上，汽车流通行业处在不景气区间。 2月车市有效销售天数较少，且春节前购车需求集中释放，透支影响较大，市场处于淡季调整阶段。今年 以旧换新政策发布和实施时间较早，对2月车市有一定推动作用。但节后多个厂家的降价和促销，以及3月多款 新车上市，导致消费者持币观望情绪较重。 经销商在春节前加大清库力度，并调整进车节奏，库存压力有所缓解；但由于2月市场需求不足，客流、 成交率下滑。部分车型依然价格倒挂严重，经销商销售收入难以弥补购车支出，现金流持续紧张，经营风险依 旧存在。 多家机构公布对2025年乘用车销量增幅预测，增幅预测集中在2%-5%。根据本次调查反馈，2025年汽车 经销商普遍面临更高的销量任务，30.5%的经销商年度任务量同比提升幅度超10%； ...