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Revenue for the Car Dealers industry in China is expected to decrease at an annualized rate of 0.1% over the five years through 2025, including a growth of 0.8% in 2025 alone, to $454.8 billion. In 2025, the industry profitability is expected to be 1.9%. Industry revenue has declined due to a slowdown in economic growth, rising emission standards and the COVID-19 outbreak over the past five years.In 2020, industry revenue decreased by 5.5% due to the negative effects of the COVID-19 pandemic and the subsequent slowdown of the economy. In 2021, as the economy recovered from the COVID-19 outbreak and demand from the passenger car market rebounded, industry revenue increased by 1.9% to $464.9 billion. In 2022, with negative influence of COVID-19 epidemic, industry revenue decreased by 0.4% to $462.9 billion. In 2023, sales volume of automobiles increased by 12.0%, however, mainly due to decreasing average vehicle prices, the industry revenue decreased by 2.4% to $451.7 billion. The industry revenue continued decreasing by 0.1% to $451.2 in 2024.With increasing income level of residents, increasing acceptance level of vehicle purchase by loans or financing lease, accelerating establishment of dealership network of alternative-fuel automobiles and continual technology improvement of alternative-fuel automobiles, industry revenue is forecast to grow at an annualized 0.9% over the five years through 2030, to $476.1 billion. In the next five years, the 3-tier and 4-tier cities will be key areas to expand dealership network. In addition, the industry competition will be further intensified. The mergers and acquisitions in the industry will be more active.In addition, the development of automobile automobiles has become one of the national strategies in China. The Development Plan of Alternative-Fuel Automobile Industry (2021-2035) was issued by the General Office of the State Council to promote the high-quality development of alternative-fuel automobiles. Therefore, car dealers have been increasing the investment in the network layout of alternative-fuel automobiles in recent years and will continue increasing in the next five years.
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IBISWorld's research coverage on the Car Dealers industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
The Car Dealers industry in China operates under the industry code 6561. Firms in the Car Dealers industry retail new and used passenger automobiles. These cars are used to carry passengers and their personal luggage, and have no more than nine seats. The main products retailed in the industry include sedans and general cars, multi-purpose vehicles (MPVs), sports utility vehicles (SUVs), and crossover passenger cars. Related terms covered in the Car Dealers industry in China include 4s stores, 3s stores and 5s stores.
Products and services covered in Car Dealers industry in China include Authorization dealerships, Car hypermarkets and Vehicle specialty stores.
Companies covered in the Car Dealers industry in China include Zhongsheng Group Holdings Limited, China Grand Automotive Services Group Co., Ltd. and LSH Auto (China) Management Co., Ltd.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Car Dealers industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Car Dealers industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Car Dealers industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Car Dealers industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Car Dealers industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Car Dealers industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Car Dealers industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Car Dealers industry in China.
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The market size of the Car Dealers industry in China is $454.8bn in 2026.
There are 30,883 businesses in the Car Dealers industry in China, which has grown at a CAGR of 1.8 % between 2020 and 2025.
The Car Dealers industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Car Dealers industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Car Dealers industry in China has been declining at a CAGR of 0.1 % between 2020 and 2025.
Over the next five years, the Car Dealers industry in China is expected to grow.
The biggest companies operating in the Car Dealers industry in China are Zhongsheng Group Holdings Limited, China Grand Automotive Services Group Co., Ltd. and LSH Auto (China) Management Co., Ltd.
Authorization dealerships and Car hypermarkets are part of the Car Dealers industry in China.
The company holding the most market share in the Car Dealers industry in China is Zhongsheng Group Holdings Limited.
The level of competition is high and increasing in the Car Dealers industry in China.