Automobile Consumer Goods & Services Industry Analysis

Analysis on Scrap Vehicle Recycling Market in 2019

Automobile consumption has become a hot spot on the market since 2018 when the sales volume of automobiles in China declined for the first time over the past 28 years. The production and sales data in Jan. 2019 was also depressing. According to the China Association of Automobile Manufacturers, the sales volume of automobiles in Jan. 2019 was 2,367,300 units, decreasing by 15.76% YOY. In particular, the sales volume of passenger vehicles decreased by 17.70% Research Report on China’s Scrap Vehicle Recycling Industry, 2018-2022 The replacement of automobiles will inevitably…

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