China's auto dealer inventory warning index fell slightly, and competition in the auto market intensified

On December 31, 2024, the China Automobile Dealers Association released data showing that the inventory warning index of Chinese auto dealers was 50.2% that month, down 3.5 percentage points year-on-year and 1.6 percentage points month-on-month. The inventory warning index is close to the boom-bust line, indicating that the prosperity of the automobile distribution industry is continuing to improve.