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According to the price monitoring center of the National Development and Reform Commission monitoring 36 large and medium-sized cities throughout the country, domestic car prices fell slightly in September, and the prices of imported cars rose steadily.
Domestic car prices fell slightly. Domestic car prices fell 0.35% in September from the previous month, 0.88% lower than the same period of last year, and the prices of passenger cars and commercial vehicles both slightly declined.
The price of passenger vehicles fell from high to low, a decrease of 0.18% from the previous month and a decrease of 3.02% from the same period last year. Among them, the prices of basic and sports passenger cars decreased by 0.08% and 0.90% respectively, the number of basic passenger vehicles increased by 4.13% year-on-year, and the number of sports passenger cars decreased by 3.25%; the prices of minivans rebounded; 1.98%, a year-on-year decrease of 4.62%.
Commercial vehicle prices fell slightly, down 0.46% from the previous quarter and 2.04% from the same period last year. Among them, the price of commercial buses dropped by 0.98% compared with the previous period, which was a year-on-year decrease of 2.28%. Among the subdivided models, the price of light buses dropped by 3.81% month-on-month, the price of large passenger cars increased by 0.12% compared to the previous month, and the price of commercial trucks rose by 0.32% compared with the previous period, which was a 9.06% increase over the same period of last year. Among the subdivided models, the prices of light and medium-sized goods vehicles fell from high to low, falling by 0.16% and 0.06% respectively, and the price of heavy-duty trucks rose by 0.64%.
Imported car prices rose slightly. In September, imported cars rebounded after falling slightly for two consecutive months. They were up 0.03% month-on-month and 0.07% year-on-year. Among them, the price of imported cars rose by 0.05% month-on-month, which was a year-on-year decrease of 2.41%; the price of imported SUVs was the same as that of the previous month, up 3.23% year-on-year. Judging from the monitoring situation, car sales this year were significantly better than those expected by manufacturers. Most of the profits of automobile companies in the second and third quarters increased compared with the first quarter. With the gradual listing of new cars and the gradual approach of the end of the year, dealers may increase their sales promotions. It is expected that the car price will show a steady decline in the fourth quarter.
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