China Autos - April Auto Sales Disappoint

CHINA - Healthcare, Steel, Autos, Education, Research From Beijing

Scott Laprise/ 乐天虎

CHINA - Healthcare, Steel, Autos, Education

Thematic (Sector/Industry)

New zealand Automobiles / Thematic (Sector/Industry)

<h2>Car loans are not going to drive car sales in 2017</h2><ul>
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Consumer credit is a huge potential catalyst for China car sales but we don’t see it expanding anytime soon.
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<li>Analysts have been very excited about consumer car financing to growing the auto sector but we do not see this for 2017.</li>
<li>We might see car loans flat or slightly up from the 35% of the auto market.</li>
<li>
Car sales have been good so far in 2017 but this is mainly from the tail end of the 2016 home buying spree, we see car sales slowing with the real…</li>
</ul>

Car loans are not going to drive car sales in 2017

Consumer credit is a huge potential catalyst for China car sales but we don’t see it expanding anytime soon.

Analysts have been very excited about consumer car financing to growing the auto sector but we do not see this for 2017.
We might see car loans flat or slightly up from the 35% of the auto market.

Car sales have been good so far in 2017 but this is mainly from the tail end of the 2016 home buying spree, we see car sales slowing with the real…


China Auto Sector – Bearish on Car Loan Growth