Shanghai Automotive Market Analysis Report SAIC General Motors won the championship in October 2017

In October, Shanghai Automobile sales reached 65,000, accounting for 16.8% of the total sales of key city groups. It ranked second in the key city group, down 20.5% month-on-month and 5.1% year-on-year. In the "October 2017 Shanghai Automotive Market Observations Bulletin", Tatsumi explained the trend of the Shanghai auto market by combining market sales performance and macroeconomics.

Macroeconomic performance

PMI index fell, the national CPI rose 1.9% year-on-year

Source: Data

Market sales performance

SAIC General Motors wins sales, and LaVida ranks first in sales

Source: Data

Market price performance

In October, Shanghai's overall passenger car price index was 94.4%, up 0.07% from the previous quarter;

In October, the weighted transaction price of passenger cars in Shanghai was RMB 147,942, a decrease of 1.8% from the previous quarter and a year-on-year increase of 4.5%, with a discount rate of 11.8%;