Affected by the policy, parallel imported car sales will peak in 2016. A few days ago, the Beijing Business Daily reporter learned from the China Automobile Dealers Association that it is estimated that the total number of parallel imported cars in 2016 will exceed 12% of the total imported cars, reaching the highest point in recent years.

Hu Siyu, director of the Information Department of the Import Automobile Working Committee of the China Automobile Dealers Association, said that in 2016, the China Automobile Dealers Association predicted that the annual growth rate of parallel imported cars will reach about 10%, which is expected to account for 12% of the total imported car sales in 2016- 15%. “It is worth noting that by 2017, with the change of the consumption environment, the demand for personalized and high-end products brought about by the increase in the localization of imported cars and the rational return of imported car consumption will fall rapidly. In the case of the China Automobile Dealers Association, the parallel import auto market will also fall back in 2017. Therefore, the sales of parallel imported cars in 2016 will reach a peak.” Hu Siyu said.

It is understood that the growth rate of the parallel imported car market reached 4.3% in 2015, and the total amount exceeded 100,000 units, accounting for 10% of the overall imported car market. According to data previously released by SINOMACH, the proportion of parallel imported cars in 2013 and 2014 has never exceeded 8%.

In this regard, some insiders said that from January 2015, the government began to take action on the construction of the free trade zone. By April, Shanghai and other four free trade zones all landed, and dealers with corresponding qualifications or conditions for parallel import began to increase. Subsequently, at the end of 2015, the National Certification and Accreditation Administration's relaxation of the parallel import vehicle access policy allowed the import volume to exceed 10,000 units in a single month in December.

According to the incomplete statistics of the Beijing Business Daily reporter, as of now, the number of pilot vehicles for parallel import certification in major free trade zones has reached nearly 80, and dealers will further increase.

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