Vehicle Sales Over the Model Year

Type de publication:

Conference Paper

Source:

Gerpisa colloquium, Detroit (2022)

Mots-clés:

China, model year, NEVs, New energy vehicles, Pricing, production

Résumé:

Vehicle Sales Over the Model Year

What are the dynamics of the model year? Most vehicles are sold with a refreshment cycle of 4-8 years, shorter for sedans, longer for light trucks. This paper will survey the literature, and then examine monthly model-level data on personal vehicle sales in China. Prices potentially vary across the model year, with early sales focused on high-priced trim levels and at the opposite end, discounting as a model approaches the end of production. This suggests that observed sales will be level over time, corrected for seasonality and COVID shutdowns. I use Chinese data to test that hypothesis empirically, for regular vehicles and also for the now-important subset of New Energy Vehicles (BEVs and PHEVs).

Video

Fichier attachéTailleAccèsDernier téléchargement
Smitka_The_Model_Year.rtf23.85 Ko64il y a 11 heures 10 min
Smitka_GERPISA_2022.pptx3.16 Mo9il y a 2 jours 9 heures

      

 

  
GIS Gerpisa / gerpisa.org
4 Avenue des Sciences, 91190 Gif-sur-Yvette

Copyright© Gerpisa
Concéption Tommaso Pardi
Administration Juan Sebastian Carbonell, Lorenza MonacoGéry Deffontaines

Créé avec l'aide de Drupal, un système de gestion de contenu "opensource"
randomness