The sales of high-class sedans (200-250 thousands yuan) rose by 23.9% year on year to a record 410,905 units in 2005. 8 models were completed in this classification. They are Toyota Accord, Passat B5, Buick/Regal, Nissan Teana, Mazda 6, Mondeo, Reiz and NF.
SALES OF HIGH-CLASS SEDAN BY BRAND 2003-2005
High-class sedan market features, 2005
1. The market share of high-class sedans was still reducing in 2005. Declining from 16.4% in 2003 to 15.4% in 2004 and 14.8% in 2005.
2. The top 6 in terms of high market shares are Accord, Passat, Regal, Teana, Mazda 6 and Mondeo, which grabbed more than 90% of the market share.
3. Competition intensified as the Reiz, NF and other brand new high-class models were introduced into the market, and it is becoming more crowed and experiencing fiercer competition. In the following days, the shockwaves of high-class sedan markets will draw most attention from OEMs.
TOP 6 HIGH-CLASS MODELS BY SALES, 2005 (Unit：10 thousands)
SALES GROWTH OF HIGH-CLASS SEDAN BY BRAND, 04, 05
Back to: China automobile market segment
Previous: Luxury car market analysis 2005 Part Ⅱ
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: email@example.com.