Gasgoo.com (Shanghai) - A total of 610,776 SUVs were sold in China in the month of April, according to statistics compiled by Gasgoo.com (Chinese). The figure represents year-on-year sales growth of 30.7%, continuing the upward trend from the previous months.
May 31 , 2016Gasgoo.com (Shanghai) - According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), four of the 10 top-selling SUV models sold in China during the month of April 2016 were made by domestic own brand manufacturers. By comparison, seven of the top 10 best-selling models from the month of March were made by own brands.
May 26 , 2016Gasgoo.com (Shanghai) - The Chinese passenger automobile market showed slight signs of recovery in April. According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), over 404 automobile models were sold in the country over the course of the month.
May 24 , 2016Gasgoo.com (Shanghai) - Although the Chinese automotive market saw its once rapid extension fall back in 2015, it still managed to maintain relatively stable growth rates all things considered. Most Chinese companies managed to post respectable income and net profit growth rates for the year. New energy automobiles played a major role last year, with companies like BYD and King Long benefiting greatly from them.
May 10 , 2016Gasgoo.com (Shanghai) - Sedan sales in China fell 9.5% during the first quarter of this year, statistics from Gasgoo.com (Chinese) show. That rate is a lot less favorable than the 8.9% growth the market as a whole has been able to achieve over the same time period. At the same time, sedans’ market share also fell 10.5 percentage points to just 51.5%.
May 3 , 2016Gasgoo.com (Shanghai) - According to statistics from Gasgoo.com (Chinese), a total of 5.45 million passenger automobiles were sold in China over the first quarter of the year. The figure represents stable year-on-year growth of 8.9%. However, foreign brand passenger automobiles have failed to meet the market level of growth; only 3.14 million foreign brand passenger automobiles have been sold in the first quarter of the year, representing year-on-year growth of 3.5%. Own brands’ market share has fallen from 60.5% in the first quarter of last year to 57.5% this year.
May 3 , 2016