The sales of medium-class sedans (100-200 thousands yuan) totaled 1,120,419 units in 2005, a 23.3% growth year on year. The number of medium-class reached 25 nos. after 7 new models were introduced into China market in 2005.
SALES VOLUME OF MEDIUM-CLASS SEDAN BY BRAND/MODEL, 2003-2005
Medium-class sedan market features 2005:
1. It is the largest passenger car market segment. The market share of medium-class sedans saw a smooth rise since 2001, with an average sales growth of 30.5% year on year. The total number share in passenger market climbed from 38.4% in 2001 to 42.3% in 2004, although it dropped a little to 40.2% in 2005, still with a sales growth of 23.3%. The market with a collection of sales-winning models caught a lot of concern from OEMs and the trend making a strong influence on the sedan market.
2. New models rushed to launch. 7 new models were introduced in to the high-class market. They are Nissan Tiida, Kia Cerato, Chevrolet Epica, Ford Focus, HF Saibao and Suzuki LIANA.
3. The sales of ever-green (Santana series and Jetta ) models slips and the new comer captured large market shares.
Back to: China automobile market segment
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. Buyer service:email@example.comSeller Service:firstname.lastname@example.org