Guangdong Province is the first large province of China’s economic strength, and the number of car sales is 110 million. The car sales 800,000 in the first half of 2020 is expected to be sales of 1.6 million in the whole year in 2020.
South Korea’s land area is equivalent to Jiangsu, with a population of 52 million, which is half in Guangdong Province. 2020, the whole year of the whole year is 1900,000. Such a contrast, everyone knows the benefits of Koreans’ car consumption.
Last year, due to the influence of new coronavirus infections, the Korean auto market has increased, and sales exceed 1.9 million vehicles, and there is also history. Such a high level is reached for the first time. At present, the global ranking of the Korean market has risen to the 9th, up 3 bits over the previous year. This is already strong for small countries with 55 million people in population.
The Korean Automotive Industry Association (KAMA) has recently released a report on “2020 new car registration status analysis”. The report analyzes the demand characteristics of the Korean auto market according to the sales and quantity, by model, fuel and purchaser age.
First, due to the influence of last year’s epidemic, the sales of global automobile market fell by 14% compared with last year, but the new Korean auto market is new. The number of registered cars has increased by 6.2%, reaching 1.9 million 5,972. This is a new car registration for the first time more than 1.9 million vehicles.
Throughout the global car market, India, Brazil is a large country, a large population. However, these two areas have reduced 20% in 2020 in 2020. The developed country market in the United States, Japan, and Germany declines 10%. But the Korean market, in 2020, the sales of new cars, on the one hand, the Korean government’s control of the epidemic. On the other hand, South Korea has introduced policies that stimulate car consumption, reduce taxes, so the size of the Korean auto market has risen to the world in the world in 2019, rising to the world.
In the report, the Korean Automotive Industry Association (KAMA) listed three of the car market last year.Features: △ High-end automotive demand growth △ Environmentally friendly car demand has increased △ personal demand.
According to the Korean Automotive Industry Association (KAMA), the average price of Korean cars in 2020 increased by 9.2 percentage than 2019. This shows that the Korean car market has shown a big trend in high-end models. In particular, the sales of imported cars-center-centered imported cars centered on German luxury brands have grown. In 2020, the sales of South Korea’s imports exceeded 300,000, and it was also a new high history.
Further, the demand for new energy vehicles is also increasing. Due to the strong sales of hybrid vehicles and electric vehicles, electric vehicles (HEV, EV, FCEV) sold 225,000 vehicles last year, and its market share exceeded 10%. By 2020, the sales of hydrogen electric vehicles were 5,841, and the cumulative supply of hydrogen electric vehicles will exceed 10,000 vehicles in 2020, and maintain its position in the leading market in global hydrogen electric vehicles.
Finally, the proportion of models purchased in the name of enterprise has dropped from 27.6% in 2019 to 26.9% in 2020, down 0.7 percentage points. The proportion of purchases in the name of individuals has increased by 9.2 percentage. 