'The price index of the national passenger vehicle market has risen slightly by 95.5%, and the luxury car market price has continued to decline, with a drop of 0.3%'
In April 2018, passenger car prices showed a slight increase. In February, the passenger car price index was 95.5%, which was a 0.3% increase from the previous month.
The price index of the mainstream car market increased by 0.4% from March 2018, while the price index of the luxury car market continued to decline in April, dropping by 0.3% to 91.2%.
'The price of mainstream car market picked up, and the price of luxury car market continues to fall'
In the mainstream car market, most of the submarkets in the sedan and mainstream car markets have increased in price. Only compact SUVs and medium-sized basic cars have declined. Most luxury car market segments have different degrees of price indices. Of the decline, the price of the large, medium-sized luxury SUV dropped most significantly.
Among medium-sized luxury SUVs, several models with higher market share have seen price cuts of varying degrees, making the price index of the overall market segment fall to a certain extent compared to March. Among them, the prices of Volvo XC60 and Lexus RX have fallen. The most obvious.
In medium-sized high-end cars, the price index of all major models did not change much, but the higher-priced Volkswagen magotan’s share increased in April, while the lower-priced Nissan Tianmu’s share declined, resulting in the entire The sub-market price index has risen.
From December 2017 to April 2018, China's passenger car market price index
China Passenger Car Price Index
China's passenger car market price index is a result of a sample of 176 models from 18 provinces, sampled by the China Association of Automobile Manufacturers and J.D. Power China, jointly developed and published a market research report on the price of passenger cars.
China's passenger car price index includes 16 market segment indices for the mainstream and luxury car markets. After scientific calculations, the passenger car price index was obtained.