Car Dealers in China - Industry Market Research Report

Car Dealers in China - Industry Market Research Report

Car Dealers in China

Revenue for the Car Dealers industry in China is expected to decrease at an annualized rate of 3.0% over the five years through 2023, including a growth rate of 1.2% in 2023 alone, to $473.1 billion. In 2023, the industry profitability is expected to be 2.6%. Industry revenue has declined due to a slowdown in economic growth, rising emission standards and the COVID-19 outbreak in 2018, 2019 and 2020 respectively.

Firms in the Car Dealers industry retail new and used passenger automobiles. These cars are used to carry passengers and their personal luggage, and have no more than nine seats. The main products retailed in the industry include sedans and general cars, multi-purpose vehicles (MPVs), sports utility vehicles (SUVs), and crossover passenger cars.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.