DOCSLIB.ORG

Used Vehicle Transaction

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Used Vehicle Transaction China Vehicle Retention Value Report Updated in March 2020 China Vehicle Retention Value Report 01 05 Background Conclusions 02 04 Used Vehicle 03 Retention Rate Ranking Transaction Data Retention Value Findings Definition of Vehicle Retention Value It refers to the ratio of the transaction price* to a new vehicle‘s Manufacturer Suggested Retail Price* (MSRP) at purchase after a 1 period of use from the date of purchase 2 It is an important index to measure the value depreiaction speed of a vehicle It is affected by multiple factors: Single vehicle (e.g. age/ mileage/ condition/ purpose), product (e.g. quality/ design/ features/ 3 performance), brand (e.g. influence), new vehicle (e.g. price/ sales volume/ market share), used vehicle (e.g. market strategy/ supply-demand relationship), season, region, policy… Transaction Price* = X 100% Vehicle Retention Rate MSRP of New Vehicle* Vehicle transaction data within the most recent year (March 2019 to February 2020) * Vehicle Transaction Price: Retail price (B2C) is adopted, excluding purchase price and wholesale price; the transaction price is based on good vehicle condition and an average annual mileage of 15,000 km. * MSRP of New Vehicle: MSRP of New Vehicle shall be adopted uniformly, excluding discount of manufacturer or dealer. * Sampling Period: Stably reflect the retention rate level in a recent period, such as yearly/quarterly. 3 China Vehicle Retention Value Report Joint Production • J.D. Power is a global leader in consumer insights, data, analytics, • 58che.com and Uxin.com are the largest used vehicle and advisory services and conducts world-class industry transaction/listing data platforms in China. benchmarking studies. • In 2019, the listing data exceeded 10 million, market coverage > • 58che.com and Uxin.com are the leaders of classified 60%; online transactions exceeded 600,000, and market coverage > information platform and used vehicle trading platform in China. 20%. • The retention rate ranking is jointly created by the three parties. • First-hand and real POS listing and transaction data have higher reference significance to the industry and consumers. 模型 • Based on J.D. Power’s mature retention rate model and • Automotive industry expert team: Automotive industry experts, used evaluation and calculation system used for many years in the vehicle evaluators and consulting team who have in-depth insight United States and verified by domestic localized data. into new vehicle and used vehicle markets and causes of value • The application of the retention rate model covers 100% of the retention ratio. franchised dealers in the United States, over 60% of the OEMs • Data analysis and modeling team: J.D. Power‘s global used vehicle and auto finance companies, more than 95% of loan companies, business data team and China automotive industry data analysis and the top 10 insurance companies and the top 2 leasing companies. modeling team. 4 China Vehicle Retention Value Report Significance of Retention Value Study How to make retention value more referential? • Real: Transaction data (not listing prices through crawling) • First-hand: POS transaction data (not collection price or intermediate wholesale price) 01 Data Basis • Focused: Transaction data on platforms (avoiding fragmental online data collection) Value • Stable: Covering recent transaction data (stably reflecting the value retention ratio level in a recent period of time) Consumers: Information support of full lifecycle cost of new vehicle purchase and used vehicle transaction • Model calculation, expert verification and OEMs: Brand/marketing, replacement/used vehicles and product 02 Study Basis commercialization practice Basis upgrading support Auto Finance/Insurance: Auto finance product and vehicle insurance product design support Leasing/Fleet/Shared Mobility: Aasset cost management and vehicle disposal support • Retention Rate Rankings Automotive Industry:Deepening consumers‘ understanding towards vehicles and making used vehicle transactions more • Retention Rate Analysis Reports transparent 03 Output … • Retention Value Diagnosis Services • Retention Value Data Services … Output Value 5 China Vehicle Retention Value Report Framework of Retention Value Study Region OEM Type Brand Origin Multi- dimensional Brand Comparison OEM Segment Retention Value Small SUV Small Car Compact SUV Compact Car Segment Midsize SUV MPV Rankings Midsize Car Mid-large SUV Luxury Car Luxury SUV 6 China Vehicle Retention Value Report Review of 2019 Automotive Market – Key Words of 2019 China Automotive Market China VI Vehicle Emission Standards Used Vehicles Export 01 Some classic/old models have been forced to be changed or replaced, and The implementation of the used vehicle export policy will help to reduce the technology upgrading has become a great test for vehicle manufacturers; at the 04 pressure of domestic vehicle population and the domestic market, while same time, new vehicles have attracted much attention, and the residual value invigorating the circulation of used vehicles, improving the speed of vehicle of old vehicles has declined; the cycle of new vehicle ordering has become replacement, so as to expand the new vehicle consumption market and stimulate longer; many vehicle manufacturers have to reduce prices and promote sales related demands in the domestic market. for the sake of inventory clearance, which affects value retention ratio. New Vehicle Sales 02 Proportion of Trading Up According to the data of China Association of Automobile Manufacturers (CAAM), According to the data of the National Information Center, from 2011 to 2019, 05 the sales volume in 2019 dropped by 8.2% year-on-year, and nearly 70% of the the proportion of trading up in China continued to increase, to 46.0% in 2019. manufacturers saw their sales fall. However, the sales volume of the top 5 In China’s existing automotive market, it is urgent for automotive manufacturers in value retention ratio represented by FAW Toyota and Beijing manufacturers to strengthen management of the entire automobile life cycle. Benz all rose against the trend, and the value retention ratio has become an important selling point of new vehicle sales. 03 New Energy Vehicle Manufacturers' Residual Value Management Passat Crash Test The used new energy vehicle (NEV) market is in a downturn due to the lack of 06 The lowest crash test score in the history of CIRI Auto Test Institute has damaged testing standards, the acceleration of battery technology iteration and the the brand image to a certain extent, and will have a certain negative impact on the insufficient warranty period and other factors. The residual value management sales volume of new vehicles and the value retention ratio. of new energy vehicles led by manufacturers will play a positive role in the market sales and brand building of new vehicles and used vehicles. 7 China Vehicle Retention Value Report Market Analysis of February Pandemic Prevention and Control Auto Show/CES • There's periodic victory in the fight against the • China's largest auto show in Beijing was pandemic but the pandemic prevention and postponed, while Geneva Auto Show (one of four control is still the main KPI. largest international auto shows) and Asia consumer electronics show were cancelled. New Vehicle Market OEMs • to the National Passenger Car Information • OEMs are gradually back to work, which do their Exchange Association, the sales volume of new marketing online, and new services such as VR car cars in February fell by nearly 80% year-on-year. viewing and live car viewing are launched. Used Vehicle Market Used vehicle e-Ecommerce • Affected by the pandemic, the off-season of • Used vehicle e-commerce platforms need to used vehicles has been prolonged. According to upgrade their services to adapt to the new trend China Automobile Dealers Association (CADA), of online car viewing. the transaction volume in February fell by more than 90% year-on-year. 8 China Vehicle Retention Value Report China Vehicle Retention Value Report 01 05 Background Conclusions 02 04 Used Vehicle 03 Retention Rate Ranking Transaction Data Retention Value Findings Used Vehicle Transaction Nationwide – Regional Provinces – TOP 10 Cities – TOP 10 Jiangsu 13.0% Shanghai 7.5% Guangdong 10.1% Chengdu 4.6% Shanghai 7.5% Nanjing 4.3% Shandong 7.3% Beijing 3.7% Sichuan 5.4% Suzhou 3.5% Nanjing Percentage of Shanghai Hebei 5.3% 3.0% transaction Shenzhen Chengdu < 3% Zhejiang 4.9% Dongguan 2.3% 3% - 7% Beijing 3.7% Wuhan 2.2% 7% - 10% Liaoning 3.4% Chongqing 2.0% > 10% Henan 3.1% Hefei 2.0% Note: The sample statistics doesn’t include Hong Kong, Macao and Taiwan of China. 0.0% 5.0% 10.0% 15.0% 0.0% 2.0% 4.0% 6.0% 8.0% 1 China Vehicle Retention Value Report 0 Used Vehicle Transaction – Comparison of Listing Data and Transaction Data Percentages of Listing and Transaction Price Ranges Within 100,000 RMB takes up the highest percentage among different transaction price ranges. The total percentage exceeds 70%. It can be seen that used vehicles with good quality and low price are more popular. Transaction prices are lower than listing prices overall. There is generally 10%-20% bargaining space for used vehicle transactions on the Internet. Price Range (10,000 RMB Percentage of listing price range (%) Percentage of transaction price range (%) 1 China Vehicle Retention Value Report 1 Used Vehicle Transaction – Segment and Top 10 Models • Compact cars and Compact SUVs account for the highest proportion in • Although Cruze has withdrawn from the new car market,
Load more

Recommended publications
  • 2017 Passenger Vehicles Actual and Reported Fuel Consumption: a Gap Analysis
    2017 Passenger Vehicles Actual and Reported Fuel Consumption: A Gap Analysis Innovation Center for Energy and Transportation December 2017 1 Acknowledgements We wish to thank the Energy Foundation for providing us with the financial support required for the execution of this report and subsequent research work. We would also like to express our sincere thanks for the valuable advice and recommendations provided by distinguished industry experts and colleagues—Jin Yuefu, Li Mengliang, Guo Qianli,. Meng Qingkuo, Ma Dong, Yang Zifei, Xin Yan and Gong Huiming. Authors Lanzhi Qin, Maya Ben Dror, Hongbo Sun, Liping Kang, Feng An Disclosure The report does not represent the views of its funders nor supporters. The Innovation Center for Energy and Transportation (iCET) Beijing Fortune Plaza Tower A Suite 27H No.7 DongSanHuan Middle Rd., Chaoyang District, Beijing 10020 Phone: 0086.10.6585.7324 Email: [email protected] Website: www.icet.org.cn 2 Glossary of Terms LDV Light Duty Vehicles; Vehicles of M1, M2 and N1 category not exceeding 3,500kg curb-weight. Category M1 Vehicles designed and constructed for the carriage of passengers comprising no more than eight seats in addition to the driver's seat. Category M2 Vehicles designed and constructed for the carriage of passengers, comprising more than eight seats in addition to the driver's seat, and having a maximum mass not exceeding 5 tons. Category N1 Vehicles designed and constructed for the carriage of goods and having a maximum mass not exceeding 3.5 tons. Real-world FC FC values calculated based on BearOil app user data input.
    [Show full text]
  • Gscan Software Release Highlights
    cs~~rr- · rw ---- ------- -------- GScan SoŌware Release Highlights G-scan Software Release January 2019 Update TOYOTA/LEXUS ................................................................. 2 OPEL / GM BRAZIL ............................................................ 2 NISSAN/INFINITI ................................................................. 2 HOLDEN ......................................................................... 2 HONDA /ACURA ................................................................. 2 CHERY ..................................................................................... 2 MITSUBISHI .......................................................................... 2 DAEHAN .................................................................................. 2 MAZDA .................................................................................... 2 SSANGYONG........................................................................ 2 SUZUKI/MARUTI ................................................................. 2 MVM .......................................................................................... 2 SUBARU ................................................................................. 2 LIFAN ........................................................................................ 2 ISUZU ....................................................................................... 2 LDV ............................................................................................ 2 FUSO .......................................................................................
    [Show full text]
  • Great Wall Motor (2333.HK)
    Citi Research Equities 27 July 2015 │ 8 pages Auto Manufacturers Asia │ China Great Wall Motor (2333.HK) Results: Resilient 2Q Result in an Extremely Tough Market; Buy Citi's Take — The Rmb4.9bn 1H15 net profit (+24% y-y) reported by GWM is Buy 1 definitely something encouraging in the extremely tough environment of China Price (27 Jul 15) HK$27.15 autos. With volume growth of 20% y-y, revenue and net profit grew by 30% and Target price HK$56.00 24% respectively in 1H15. In 2Q alone, its 22% volume growth brought 29% Expected share price return 106.3% revenue growth and 21% net profit growth, a great result compared to recent sell-off Expected dividend yield 3.7% of the stock. Ignoring market momentum, this one-year lowest level constitutes a Expected total return great buying opportunity for value investors, in our view. 109.9% Market Cap HK$82,602M Volume or pricing – There is always a trade-off between volume and US$10,656M pricing/margin for auto OEMs, and GWM historically has insisted more on pricing side, leading to a high margin that was criticized by bearish analysts as “not sustainable”. With the slack season in June, the seasonal pullback of H6 and H2 volume has triggered management to offer a summer incentive of 5% till end-Sep to Price Performance smooth monthly volume. While we think it’s a realistic balance between (RIC: 2333.HK, BB: 2333 HK) volume/margin, the market reacted with a hasty sell-off, which we think is totally overdone.
    [Show full text]
  • 2012 Annual Results
    長城汽車股份有限公司 Great Wall Motor Company Limited * 2012 Annual Results * For identification purpose only March 2013 Improving little by little every day Disclaimer This presentation is prepared by Great Wall Motor Company Limited (the “Company”) and is solely for the purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or form any basis of investment decision for any class of securities of the Company in any jurisdiction. All such information should not be used or relied on without professional advice. The presentation is a brief summary in nature and do not purport to be a complete description of the Company, its business, its current or historical operating results or its future prospects. This presentation is provided without any warranty or representation of any kind, either expressed or implied. The Company specifically disclaims all responsibilities in respect of any use or reliance of any information, whether financial or otherwise, contained in this presentation. 2 Improving little by little every day Results highlights - Overview Sales volume of automobiles reached 621,000 units, representing a 34.3% YoY growth Revenue amounted to RMB43.16 billion, representing a 43.4% YoY growth Net profit attributable to shareholders of the parent company amounted to RMB5.69 billion, representing a 66.1% YoY growth The newly launched Haval M4 model delivered its best single- month sales volume of over 10,000 units Haval H6 model’s best single-month sales
    [Show full text]
  • GWM SPECIAL(Reprogram) V10.44Diagnostics List(Note:For Reference Only)
    GWM SPECIAL(reprogram) V10.44Diagnostics List(Note:For reference only) Functions Car CONNE Vehicle System Name Sub-System Name CTOR Read Clear Data Sys. Special Others code code Stream Info. Functions Red 4G15_ME788(Fomer M4) DBSCar √ 1.reprogram ECM Blue 4G15_ME788 DBSCar √ 1.reprogram HAVAL H1 Xiamen tongzhi DBSCar √ 1.reprogram BCM UAES BCM DBSCar √ 1.reprogram EPS DBSCar √ 1.reprogram ECM 4G15B-ME788 DBSCar √ 1.reprogram HAVAL H2 TCU HPT 6AT DBSCar √ 1.reprogram BCM Delphi BCM DBSCar √ 1.reprogram 4D20Delphi DBSCar √ 1.reprogram ECM 4D20 Bosch DBSCar 1.reprogram 4G63T-MT80 DBSCar √ 1.reprogram HAVAL H5 Delphi BCM DBSCar √ 1.reprogram BCM Tongzhi BCM DBSCar 1.reprogram TPMS Classic Type DBSCar √ 1.reprogram 4D20 Delphi DBSCar √ 1.reprogram 4D20 Bosch DBSCar 1.reprogram GWM SPECIAL(reprogram) V10.44Diagnostics List(Note:For reference only) Functions Car CONNE Vehicle System Name Sub-System Name CTOR Read Clear Data Sys. Special Others code code Stream Info. Functions ECM 4G15B_ME788 DBSCar √ 1.reprogram 4G15B_ME1788 DBSCar √ 1.reprogram HAVAL H6 4G15E_ME17810 DBSCar √ 1.reprogram H6 Upgrade Type Delphi DBSCar 1.reprogram BCM H6 Sports UAES DBSCar 1.reprogram TCU HPT 6AT DBSCar 1.reprogram PEPS Kostal DBSCar √ 1.reprogram ECM GW4C20-MT92 DBSCar √ 1.reprogram BCM DBSCar √ 1.reprogram HAVAL H6 Getrag 6DCT DBSCar √ 1.reprogram Coupe TCU HPT-6AT TCU DBSCar √ 1.reprogram Trailer Module DBSCar 1.reprogram ECM GW4C20A- UAES DBSCar √ 1.reprogram IFV DBSCar √ 1.reprogram 4 Channels RPA DBSCar √ 1.reprogram PAS 8 Channels UPA DBSCar √ 1.reprogram GWM SPECIAL(reprogram) V10.44Diagnostics List(Note:For reference only) Functions Car CONNE Vehicle System Name Sub-System Name CTOR Read Clear Data Sys.
    [Show full text]
  • Diagnostic List HAVAL V9.80
    Diagnostic List HAVAL_v9.80 Remark： 1.√ ： means that the system has this function 2. - ： means that the system does not have this function 3.compared with the last version, the new added function is marked in red color Function Model Menu System Version Info. Read DTC Erase DTC Read Data Stream Actuation Test Read Freeze Frame Remarks(Other functions) read historical fault code；Oxygen sensor feedback rationality General Type Haval H3 Delphi MT20U2_EOBD electronic control system √ √ √ √ √ √ diagnosis; idle catalytic converter diagnosis; tooth learning; fault code diagnosis test General Type Haval H3 Bosch V50engine system √ √ √ √ √ √ engine test,read frozen frame General Type Haval H3 Great Wall bosch-edc16 diesel engine - √ √ √ √ - engine test,matching function General Type Haval H3 Delphi MT20U engine - √ √ √ √ - system state General Type Haval H3 Liaoning Xinfeng electronic control system √ √ √ √ - √ read frozen frame General Type Haval H3 Bosch ABS system √ √ √ √ √ - exhaust mode General Type Haval H3 Jinzhou Jinheng safety airbag √ √ √ √ - - - General Type Haval H3 BOSCH safety airbag √ √ √ √ - - - General Type Haval H3 Continental safety airbag √ √ √ - - - - network configuration； function configuration； system General Type Haval H3 Tongzhi Body control module √ √ √ √ √ - configuration network configuration； function configuration； system General Type Haval H3 Delphi Body control module √ √ √ √ √ - configuration Read network configuration information; write network configuration General Type Haval H3 safety airbag(ABM) TRW safety
    [Show full text]
  • Annual Report * for Identification Purpose Only IMPORTANT NOTICE I
    (a joint stock company incorporated in the People’s Republic of China with limited liability) H Share Stock Code: 2333 A Share Stock Code: 601633 2015 Annual Report * For identification purpose only IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the information in this annual report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and jointly and severally take responsibility for its contents. II. Director(s) absent from the Board meeting Position of the Name of the director(s) Reasons for being director(s) absent absent from absent from from the Board meeting the Board meeting the Board meeting Representative Independent director Liang Shang Shang Work commitment Lu Chuang (Independent non-executive director) III. Deloitte Touche Tohmatsu Certified Public Accountants LLP (auditor of the Company) has issued the standard audited report for the Company without qualified opinion. The financial information in the annual report was prepared in accordance with China Accounting Standards for Business Enterprises and the relevant laws and regulations. IV. Wei Jian Jun, person-in-charge of the Company, Li Feng Zhen, person-in-charge of the accounting affairs and Lu Cai Juan, person-in-charge of the accounting department (head of the accounting department), declare that they warrant the truthfulness, accuracy and completeness of the financial report in this annual report. V. Proposal
    [Show full text]
  • Model System ECU Versi on Info. Read Dtcs Clear Dtcs Read
    MaxiSys_Great Wall_V3.80 Function List（Note:For reference only） Note: ● indicates the function is supported. ※ indicates the function may be supported according to actual vehicle conditions. ○ indicates the function is not available.● indicates the function is newly added to the latest version. Refer to the Special Function List for details. Versi Read Read Read Clear Active Model System ECU on DataSt Freeze Special Function DTCs DTCs Test Info. ream Frame Haval H3 Engine Delphi MT20U2_EOBD engine system ● ● ● ● ● ● 0012 0015 Haval H3 Engine BOSCH V50 Diesel Engine System ● ● ● ● ● ● 0011 0001 0002 0003 0004 0005 Haval H3 Engine BOSCH-EDC16 Diesel Engine System ● ● ○ ● ● ○ 0006 0027 Haval H3 Engine Delphi System(MT20U) ● ● ○ ● ● ○ Haval H3 Engine Liaoning Xinfeng Electronic Control ● ● ● ● ● ● 0021 0011 0015 Haval H3 Antilock Brake System BOSCHSystem ABS System ● ● ● ● ● ○ 0013 Haval H3 VECU System Delphi Body Control System ● ● ● ● ● ○ 0030 0018 0019 Haval H3 VECU System Tongzhi body control system ● ● ● ● ● ○ 0030 0029 007A Haval H3 SRS System Jinzhou Jinheng Airbags ● ● ● ● ○ ○ Haval H3 SRS System BOSCH Airbags ● ● ● ● ○ ○ Haval H3 SRS System Mainland Airbag System ● ● ● ○ ● ○ Haval H3 SRS System TRW airbag ● ● ● ● ○ ○ 0030 Haval H3 Immobilizer System Delphi gasoline anti-theft system ● ● ● ● ○ ○ 0025 Delphi diesel (Bosch 2.8TC) anti- Haval H3 Immobilizer System ● ● ● ● ○ ○ 0025 theft system Remote Controller Matching Haval H3 Remote control system ○ ○ ○ ○ ○ ○ 0078 System GWPeri,Haval M1 Engine GW413EF UAES EOBD Engine System ● ● ●
    [Show full text]
  • Annual Report 2 0 14 Annual Report
    (a joint stock company incorporated in the People’s Republic of China with limited liability) H Share Stock Code: 2333 A Share Stock Code: 601633 2014 Annual Report 2 0 14 Annual Report * For identification purpose only IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the information in this annual report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and jointly and severally take responsibility for its contents. II. Director(s) absent from the Board meeting Position of the Name of the director(s) Reasons for being director(s) absent absent from absent from from the Board meeting the Board meeting the Board meeting Representative Director Yang Zhi Juan Work commitment Liu Ping Fu (Executive director) Director He Ping Work commitment Niu Jun (Non-executive director) Independent director Lu Chuang Work commitment Ma Li Hui (Independent non- executive director) III. Deloitte Touche Tohmatsu Certified Public Accountants LLP (auditor of the Company) has issued the standard audited report for the Company without qualified opinion. The financial information in the annual report was prepared in accordance with China Accounting Standards for Business Enterprises and the relevant laws and regulations. IV. Wei Jian Jun, person-in-charge of the Company, Li Feng Zhen, person-in-charge of the accounting affairs and Ji Wen Jun, person-in-charge of the accounting department (head of the accounting department), declare that they warrant the truthfulness, accuracy and completeness of the financial report in this annual report.
    [Show full text]
  • Notas Legales Seguroxkmcga
    NOTAS LEGALES SEGURO X KM *Precio calculado para Kia Morning año 2019 , Chevrolet Sail y Nissan Qashqai contratado por persona natural, mujer de entre 37 y 44 años, de la comuna de Independencia, sin siniestro dentro de los últimos dos años. Para auto de uso particular, con deducible UF 5, cobertura de Responsabilidad Civil UF 500, vehículo de reemplazo por 5 días, con taller de garantía y asistencias básicas. UF calculada al 01/10/2019. TABLA DE PRECIOS - PRIMA FIJA BRUTA MENSUAL DE SEGURO X KM SEGÚN MARCA/MODELO MARCA MODELO PRIMA FIJA BRUTA MENSUAL CITROEN C-15 $12.990 CITROEN BERLINGO $12.990 CITROEN SAXO $12.990 CITROEN SPACEVAN $12.990 CITROEN XANTIA $12.990 CITROEN XSARA $12.990 CITROEN ZX $12.990 CITROEN MULTISPACE $12.990 CITROEN C5 $12.990 CITROEN C3 $9.990 CITROEN JUMPER $12.990 CITROEN C2 $12.990 CITROEN C4 $12.990 CITROEN XSARA PICASSO $12.990 CITROEN 2 C V 6 $12.990 CITROEN C 1 $12.990 CITROEN C 4 PICASSO $12.990 CITROEN C6 $12.990 CITROEN DS3 $12.990 CITROEN C3 PICASSO $12.990 CITROEN C4 GRAND PICASSO $12.990 CITROEN NEMO $12.990 CITROEN DS4 $12.990 CITROEN C-ELYSEE $12.990 CITROEN JUMPY $12.990 CITROEN DS5 $12.990 CITROEN C-3 PLURIEL $12.990 CITROEN C4 CACTUS $12.990 CITROEN C4 PICASSO $12.990 CITROEN C-30 $12.990 CITROEN AIRCROSS $12.990 CITROEN DS7 $12.990 HYUNDAI GALLOPER $12.990 HYUNDAI ELANTRA $12.990 HYUNDAI COUPE $12.990 HYUNDAI ATOS $12.990 HYUNDAI ACCENT $12.990 HYUNDAI GALLOPER II $12.990 HYUNDAI H-1 $12.990 HYUNDAI MATRIX $12.990 HYUNDAI SANTA FE $12.990 HYUNDAI SANTAMO $12.990 HYUNDAI SONATA $12.990 HYUNDAI
    [Show full text]
  • The Concept of Vehicle Design for Chinese Marketing
    The Concept of Vehicle Design for Chinese Marketing A thesis Submitted in fulfillment of the requirements of the degree of Master of Industrial Design By Qianyuan Zhao Under the Supervision of Prof. Bill Green Dr. Eddi Pianca Faculty of Art and Design University of Canberra, Australia January 2016 Abstract With the rapid development of China’s economy and the rise of Chinese living standards, Chinese demand for private car ownership is increasing significantly. China is already the world’s largest automobile market and is coveted by many giant automotive enterprises. However it is extremely difficult to cater to China’s automobile market demands because of particular Chinese conditions such as the unique culture, the diverse requirements of a geographically dispersed population, fastidious consumers and crowded traffic. The problem is that there is very limited literature in this area to guide car designers when designing a car for the Chinese market. This research examines the special demands of private cars for Chinese consumers, identifies particular elements of vehicle design that are important for successful Chinese marketing, and incorporates them into a new computer-generated 3D model. I Table of contents Acknowledgements P. xv Abstract P. 1 1. Introduction and Overview 1.1Chinese Consumers P. 1 1.2 Aging society P. 2 1.3 Chinese marketing P. 2 1.4 Research Problem P. 3 1.5 Research Question P. 3 1.6 Aim of Research P. 3 1.7 Research Strategy and Methods P. 5 1.7.1 Literature Review P. 5 1.7.2 Data Collection and Questionnaire P. 6 1.7.3 Data Evaluation P.
    [Show full text]
  • China Vehicle Retention Value Report
    China Vehicle Retention Value Report Updated in March 2020 China Vehicle Retention Value Report 01 05 Background Conclusions 02 04 Used Vehicle 03 Retention Rate Ranking Transaction Data Retention Value Findings Definition of Vehicle Retention Value It refers to the ratio of the transaction price* to a new vehicle‘s Manufacturer Suggested Retail Price* (MSRP) at purchase after a 1 period of use from the date of purchase 2 It is an important index to measure the value depreiaction speed of a vehicle It is affected by multiple factors: Single vehicle (e.g. age/ mileage/ condition/ purpose), product (e.g. quality/ design/ features/ 3 performance), brand (e.g. influence), new vehicle (e.g. price/ sales volume/ market share), used vehicle (e.g. market strategy/ supply-demand relationship), season, region, policy… Transaction Price* = X 100% Vehicle Retention Rate MSRP of New Vehicle* Vehicle transaction data within the most recent year (March 2019 to February 2020) * Vehicle Transaction Price: Retail price (B2C) is adopted, excluding purchase price and wholesale price; the transaction price is based on good vehicle condition and an average annual mileage of 15,000 km. * MSRP of New Vehicle: MSRP of New Vehicle shall be adopted uniformly, excluding discount of manufacturer or dealer. * Sampling Period: Stably reflect the retention rate level in a recent period, such as yearly/quarterly. 3 China Vehicle Retention Value Report Joint Production • J.D. Power is a global leader in consumer insights, data, analytics, • 58che.com and Uxin.com are the largest used vehicle and advisory services and conducts world-class industry transaction/listing data platforms in China.
    [Show full text]