The Shanghai 2019 Motor Show presented 108 new products, including 54 concept cars
- The Shanghai Motor Show took place in April 2019, in an uncertain climate for the Chinese automotive market. Registrations are indeed in their ninth consecutive month of decline, a situation that had not been observed since the 1980s, at a time when sales in the country were insignificant. In 2018, this market fell to 28 million units from 29 million in 2017, but is expected to stabilize in 2019 and grow again in 2020. In the short term, market recovery could be encouraged by the Chinese government, although it has already announced that it will no longer lower taxes on the purchase of new cars and that it will cut aid for the purchase of electric cars by half.
- In the medium term (5 to 10 years), however, the Chinese market, the world's largest market, still has strong potential, estimated at 32-35 million sales per year, as many regions are still poorly motorized.
- Of the 108 new products listed by Inovev at the 2019 Shanghai Motor Show:
• There are 54 concept cars and 54 cars on sale in 2019 , a proportion of 50/50.
• Moreover, there are 48 100% electric ,and 12 plug-in hybrid models.
• There are 56 new products from Chinese manufacturers ,and 52 from non-Chinese manufacturers.
• And there are 58 SUVs, 32 sedans, 12 coupes/cabriolets, 5 minivans and 1 pickup truck.
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