Buick stores reported an 80-day supply of cars and light trucks on average last month, the second highest among new-car dealerships in China, the China Automobile Dealers Association said this week.
Stores under FAW Group Corp.’s Besturn car brand carried the highest average inventories of 109 days.
The third-highest average backlog, 65 days, was reported by stores at SAIC Motor Corp.’s Roewe brand, the trade group said, without disclosing dealership stockpiles of other brands.
While stores of the three brands were severely saddled with unsold vehicles, August stockpiles at new-car dealerships industrywide dropped to 46 days from 51 days in July, according to the CADA’s tally.
The August backlog at dealerships marketing foreign mass-market brands producing in China decreased to 51 days from 57 days in July.
Inventories at stores stocking luxury brands and imported vehicles decreased to 32 days from 37 days in the previous month.
Stockpiles at stores marketing Chinese brands also dipped to 47 days from 51 days in July.
