The China Automobile Dealers Association released the inventory survey results for July 2024, showing that the comprehensive inventory coefficient of automobile dealers in July was 1.5, an increase of 7.1% month-on-month, indicating an increase in market demand; a decrease of 11.8% year-on-year, inventory levels are at a warning line position. Although market demand is gradually recovering, compared with the same period last year, the overall inventory pressure in the automobile market is still relatively high. Car dealers need to pay attention to market trends, adjust inventory strategies appropriately, and adapt to market changes. (ta/u)

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