An Luqin: MADE Industry Research and Price Index Trend Analysis in November 2022

An Luqin: MADE Industry Research and Price Index Trend Analysis in November 2022

The MADE Industry Research Price Index is published by Anluqin. It is a comprehensive index system that reflects the terminal prices and discount changes in the passenger car market.

1. 2022 MADE Industry Research·Overall Price Change Index—November

MADE·The overall market price change index in November was 0.07, and the average market transaction price was 170,100

1. The overall average transaction price in the market this month increased by RMB 3,100 compared with last month, a month-on-month increase of 1.9%.

2. In November, the overall average transaction price of the national passenger car market rebounded, with the average transaction prices of sedans and SUVs increasing by 2.3% and 2.2% month-on-month respectively, while the MPV market fell by 0.6% month-on-month.

2. 2022 MADE Industry Research·Overall Terminal Discount Change Index—November

MADE·In November, the overall market discount change index was 0.41, and the average market discount was 22,800

1. The overall discount in the market this month increased by 1,200 yuan compared with last month, a month-on-month increase of 5.4%.

2. The overall discount range in the passenger car market also rebounded this month, and the terminal discount range in the three major body types market all expanded compared with last month. Among them, the discount range in the sedan market increased by 5.7% month-on-month, the discount range in the SUV market increased by 4.6% month-on-month, and the discount range in the MPV market increased by 5.5% month-on-month.

3. 2022 MADE Industry Research·Body Type Index—November

Passenger car market

1.MADE·The car market price change index in November was 0.05, and the average transaction price was 157,500 yuan.

The average transaction price of sedans this month increased by RMB 3,600 compared with last month, a month-on-month increase of 2.3%.

This month, the overall average transaction price of the sedan market showed a significant rebound. Among the various market segments, only the high-end C-class market had a 2.3% month-on-month drop in average price, while other market segments all saw increases, with the A0-class market up 3.0% month-on-month, the A-class market up 0.2% month-on-month, and the B-class market up 0.7% month-on-month.

2.MADE·The discount change index of the sedan market in November was 0.44, and the average discount range in the market was 25,500.

The average discount in the sedan market this month increased by 1,400 yuan compared to last month, a month-on-month increase of 5.7%.

The overall discount range in the sedan market also rebounded this month. Among the market segments, the terminal discount range in the A0 and A markets decreased by 1.9% and 2.6% month-on-month respectively, while the discount range in the B and C markets increased by 8.3% and 12.2% month-on-month respectively.

SUV Market

1.MADE·The SUV market price change index in November was 0.06, and the average transaction price was 177,900 yuan.

The average transaction price in the SUV market this month increased by RMB 3,700 compared with last month, a month-on-month increase of 2.22.6%.

After a significant drop in the overall average transaction price of the SUV market last month, the average transaction price of the SUV market rebounded this month; the average prices of various market segments varied, with the average prices of the A0 and B segments falling by 0.4% and 1.2% month-on-month, while the average prices of the A and C segments rose by 0.3% and 1.4% month-on-month, respectively.

2.MADE·The discount change index of SUV market in November was 0.40, and the average discount range was 22,200.

The average discount in the SUV market this month increased by RMB 1,000 compared to last month, a month-on-month increase of 4.6%.

The overall discounts in the SUV market also rebounded this month. Among them, the mid-range discounts in the B-class and C-class mid-to-high-end market increased by 6.7% and 4.8% month-on-month respectively, while the discounts in the A0-class and A-class markets decreased by 8.1% and 0.8% month-on-month.

MPV Market

1.MADE·The MPV market price change index in November was 0.32, and the average transaction price was RMB 214,900.

The average transaction price of MPVs in the market this month fell by RMB 1,400 compared with the previous month, a month-on-month decrease of 0.6%.

This month, the sales share of Trumpchi M8 increased significantly, and the sales share of the high-priced model Senna also increased slightly. However, due to the obvious decline in the sales share of the two Buick GL8 models, the overall MPV market transaction average price fell slightly.

2.MADE·The MPV market discount change index in November was -0.26, and the average market discount was 4,800.

The average discount in the MPV market this month increased by 300 yuan compared with last month, a month-on-month increase of 5.5%.

This month, the sales share of Buick GL8, two models with no terminal discounts, has dropped significantly, becoming the main reason for the increase in the overall discount range in the MPV market.

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