November 26, 2012

The difficult period of the automotive industry

In 2012, the local automotive industry better time is unlikely to continue next year, the credit information company TransUnion warned on Tuesday.

Improvement of financial results of the Group's main dealer, new car sales increased by 10%, compared to 2011, continued cost control and reduction of bad debts.

"But all is not optimistic, when compared to the decline in the level of confidence of dealers have seen in the past 18 months, said:" Karel spokesman Martin, TransUnion Auto Information solutions.

"There is good reason, consumer debt continues to grow, the report pointed out that families face greater pressure."

Other factors may be pressure on the industry, including fuel prices, prevailing fee Village driver, and stable car sales.

However, from the manufacturers to continue to support, coupled with low interest rates, may increase the demand for consumer credit.

2012, low prices make a contribution to growth next year is unlikely to continue to weaken, the RAND Corporation, the increase in input costs.

Martin predicted continued pressure for the second-hand car dealers, used car sales below the suggested retail price, in an attempt to deal with the new car market, price discounts and incentives.

The gross margin in the second-hand car market has stabilized, the gap between the average percentage of the value of trade and retail in the past four years in June 2012 reached its lowest level.

"Given the current market conditions, the positive trends emerging on the basis of relatively stable supply and prices in 2012, we can expect 2013 to deliver a certain amount of growth, although it should be less than we have seen in the past two years, "he said. - Sapa

No comments:

Post a Comment