Gasgoo.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) - 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) - 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 , 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 , 2016