Where mini vehicles go, the “Auto Industry Development Peak Summit†invites experts to point out that the mini-vehicles generally refer to cars with a displacement of about 1 litre or less. In the Chinese market, mini vehicles in the traditional sense refer to miniature cars and minivans, and the price is generally between 20,000 and 50,000 yuan. In 2004, the domestic automobile market was magnificent, and the domestic automobile market prices had signs of “Waterlooâ€. In spite of a drop in the price of the car, it still cannot save the downturn in the auto market. However, for mini vehicles, the situation is different. In 2004, the scale of production of mini-car manufacturers has been established. In the highly competitive domestic auto market, mini vehicles rely on substantial price cuts to maintain a strong sales momentum in the off-season of the auto market, which shows that consumers have formed an appreciation for the overall price of such models. . From January to October this year, the total production of mini vehicles increased by 12.63% year-on-year, and sales increased by 10.60%, which was higher than the 7-10% expected at the end of last year. At the same time, subtle changes have taken place in the status of micro-vehicle companies in the same industry, indicating that the huge market share of mini-buses has attracted the attention of various companies and the intensity of competition has increased. At the same time, with the end of the transitional period of WTO accession and the deepening of market introduction, in order to occupy the market as soon as possible, the price reduction of related products will inevitably occur. Especially for cars whose prices are often the first choice for buying a miniature car, continuous price cuts can be said to be inevitable. For the mini vehicle market this year and next year's trend, micro-vehicle market research expert Yao Qun will be held on November 27 at the "2005 Third China Automotive Industry Development Summit Annual Meeting" on the "2004 mini-car market analysis and 2005 "Year prediction" report, so stay tuned.
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