Gasgoo.com (Shanghai) - According to statistics compiled by Gasgoo.com (Chinese), a total of 610,776 SUVs were sold in China in the month of April, up 30.7% from the previous year. SUVs accounted for 36.0% of all vehicles sold in the country over the course of the month, compared to an overall market share of 29.7% last April. A total of 2.57 million SUVs have been sold over the first four months of the year, representing year-on-year sales growth of 46.2%.
Jun. 7 , 2016Gasgoo.com (Shanghai) - A total of 333,691 domestic own brand SUVs were sold in the month of April, statistics compiled by Gasgoo.com (Chinese) show. That figure is up 38.4% from a year ago and represents an overall market share of 54.6%, compared to 51.6% in last April. From January to April, own brand SUV sales have totaled 1.48 million units, up 53.1% year-on-year.
Jun. 3 , 2016Gasgoo.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) - The SUV market in China continues to rush ahead in 2016, with the bulk of SUV sales coming from domestic own brand manufacturers. According to statistics compiled by Gasgoo.com (Chinese), a total of 1.14 million own brand SUVs were sold in the first quarter of this year, up 58.0% from the 726,071 own brand SUVs sold in the first quarter of last year. Own brand SUVs made up 58.4% of all SUVs sold in the country, with their year-on-year growth rate exceeding the market average of 51.9%.
May 17 , 2016Gasgoo.com (Shanghai) - Although rapid growth in SUV sales has been major driver for the Chinese passenger automobile market, the fact remains that the sedan segment still accounts for the majority of automobile sales made in the country. According to statistics from Gasgoo.com (Chinese), 51.5% of all automobiles sold in the first quarter of the year were sedans. Important among the sedan market is the highly competitive midsize sedan segment, which accounted for 16.5% of all sedans sold in the country. A total of 463,691 midsize sedans were sold in the first quarter of the year, down 17.5%, year-on-year.
May 12 , 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 , 2016