The unveiling ceremony of Shanghai Morning Post • Zhoudao Auto Carnival was held at Mount Oasis, Baoshan on July 18, displaying nearly 30 new cars produced by 16 mainstream brands. As the first auto carnival around community in Shanghai, it has displayed various cars, and offered a Trunk Market and other trendy auto culture activities, which lasted three days from July 17 to 19.

"As COVID-19 is basically under control, Shanghai auto market has been increasing its sales volume for several months in a row," said Shi Guoqing, Secretary-general of the Shanghai Automobile Sales Trade Association (SASTA), when talking about the recent trend of auto market at the unveiling ceremony. According to Shi, the sales of Shanghai auto market have returned to normal levels on the whole.

In fact, Shanghai embodied a quite grim situation just a few months ago. According to the data of the SASTA, the stock coefficient of Shanghai auto dealers was as high as 6.7 at the first quarter of this year, which is much higher than the alertness line.

In Shi's view, the manufacturers make more efforts on preferential treatment and the external cause plays an important role, so Shanghai auto market can take a turn for the better in a short period of months. For example, the government introduces a number of policies to recover the auto market, and the May 5th Shopping Festival plays a role in strengthening the auto market. Thus, the joint efforts of all walks of life rapidly recover the Shanghai auto market after the toughest winter ever.

As a result, Shi gives high expectations for the Carnival. "Guarding the north gate of Shanghai, Baoshan embraces 56 brands and a total of 79 auto dealers, ranking the third in the volume of Shanghai. The development of Baoshan auto market is very important to the whole Shanghai market".

After the outbreak, the people's travel mode will be changed, and self-driving will be more common. Held in Baoshan, the Carnival will not only facilitate consumers in Baoshan to choose and buy cars, but also greatly promote the transaction of regional auto market and promote the recovery of Shanghai auto market.