Automotive Sep 10, 2021 02:27 PM (GMT+8) · EqualOcean
The China Automobile Association said today that looking forward to the fourth quarter, China's automobile consumer demand remains stable, but there are large fluctuations on the supply side. Among them, the complex and changeable domestic and foreign situation has brought many uncertainties. The shortage of chip supply caused by the overseas epidemic still exists. The increase of market demand in the fourth quarter will also aggravate the problem of limited supply. At the same time, the fluctuation of commercial vehicle market demand and the continuous high price of raw materials will further increase the cost pressure of enterprises and affect the operation of the industry. Considering all factors, we need to look at the development of the industry cautiously and optimistically, and preliminarily predict that the market of the whole year may be weaker than expected.

This text is a result of machine translation.

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