Study On The Impact Of Auto Consumption Loan To Auto Sales

After three decades of Reform and Opening up,China has basically solved the problem of food and clothing.Consumer demand is changing from the concentrated "housing consumption" to "car consumption" grandualy.China's auto productions and sales in 2009 surpass the United States as the world's first car power.Nevertheless,car ownership per thousand persons in China was only 46.5,compared to this,the number of the world average is 128.The number of china is less than half the world average.With no other better means of transport appeared,the popularity of cars is inevitable.So the curtain of the popularity of our cars has just opened.In the process of consumption of the auto, loan plays an important role,it could make the consumer without enough money buy the auto and release the current automobile demand.Potential demand will be converted into real purchasing power.Not only increase the vehicle sales,led the development of automobile industry,but also expand domestic demand and stimulate the national economy.By the research of domestic automobile consumption loan,we know the automobile consumption loan market better.Through the research of the influence factors of auto sales,we know how different factors affect auto sales. We come to the conclusion that the increase of consumption loan can bring a certain percentage increase of car sales by the Granger causality test and the Cointegration test.According to the above conclusion,I think we should develop the loan in our car consumption.Because it will expand the domestic demand,maintain the balance between supply and demand and make the automobile industry develop healthy and orderly.