Tianjin free trade zone is expected to be the experimental unit for parallel imported car and normalized sales will be tendency

After Shanghai free trade zone, Tianjin free trade zone is also being applied to be the experimental unit for parallel imported car, which is regarded as meeting huge demand of imported car in North China. What's noteworthy is the sales volume of parallel imported cars in Shanghai free trade zone isn't as hot as expected, not mentioned to compete with the sales volume of imported luxury car of high price. Industry analysts figure the normalized sales of parallel imported car must be tendency, which means higher cost of after-sales service so the price advantage of parallel imported cars is weaken and its influence on imported car market remains to be seen.

Parallel imported cars means the cars imported directly from abroad and sold in China auto market without the authorization of transnational auto enterprises, which was called smuggled cars before. Parallel imported cars can be divided into American model and Middle East model etc. by imported sources.

In Beijing, 10% of imported cars in Beiyacheshi auto market are parallel imported cars, which are popular due to affordable price and personalized models. But the sales of parallel imported cars once was in trouble after the announcement of auto three guarantees policy because the distributors were unable to undertake the due obligations.

Now the situation has been changed by the three guarantees service agreement signed by 22 distributors of parallel imported cars in Beiyachenshi auto market and People's Insurance Company of China, which means Beiyachenshi will be the first auto market providing three guarantees service for parallel imported cars after Shanghai free trade zone.

Besides, PANG DA group depends on its 4S shops system to solve three guarantees service problem. According to related data, the sales volume of Middle East BMW X5 and X6 had been over 50 by the end of March. Beijing Chengxinda auto is also trying the same way at present.