On January 13, 2020, the China Automotive Industry Climate Index (ACI) was released in Beijing, and Yang Qian, director of the Policy Research Service Department of the China Association of Automobile Manufacturers, released the China Automotive Industry Climate Index for the fourth quarter of 2019.
According to the evaluation index system of automobile industry prosperity, the research results show that:
1. In the fourth quarter of 2019, the auto industry prosperity index ACI was 27, an increase of 9 points compared to the third quarter of 2019.
2. In the fourth quarter of 2019, the automobile industry consensus index was 85.91 (2010 = 100), an increase of 2.46 points from the third quarter of 2019.
3. The leading composite index is 79.01 (2010 = 100), a decrease of 0.73 points compared with the third quarter of 2019.
In summary, the results of China's auto industry prosperity index in the fourth quarter are summarized as follows:
1. In the fourth quarter of 2019, the auto industry prosperity index ACI was 27, which had been warmed up from the previous blue light district to the light blue light district.
2. The unanimous composite index of the automobile industry increased by 2.46 points from the third quarter, and the leading composite index decreased by 0.73 points from the previous quarter.
3. The above shows that the operation of the automobile industry in this quarter has improved compared with the previous quarter, but there is still some downside in the future.
In 2019, the overall situation of China's auto industry prosperity index is as follows:
1. From the first quarter to the fourth quarter of 2019, China's auto industry prosperity index ACI was 3, 12, 18 and 27, respectively. It was in the blue light zone in the first three quarters and recovered to the light blue light zone in the fourth quarter.
2. Overall, the Chinese auto industry prosperity index ACI was in the sub-cooling range in the first three quarters, and the auto industry was in a low operating state. In the fourth quarter, it rebounded to the cold range, and the industrial operation tended to improve.