Gasgoo.com (Shanghai) - Despite rapid growth in the past few years, the pace of the Chinese MPV market’s acceleration has slowed down as of late. According to statistics compiled by Gasgoo.com (Chinese), a total of 863,000 MPVs were sold from January to April, representing year-on-year growth of 9.8%, far less than the 30% to 40% growth rates the market achieved in previous years.
Jun. 15 , 2016Gasgoo.com (Shanghai) - Statistics compiled by Gasgoo.com (Chinese) reveal that 2.57 million SUVs were sold in China from January to April. That figure represents year-on-year growth of 46.2%. SUVs made up 36.0% of all vehicles sold in China over the first four months of this year, up 26.7% year-on-year. As sedan sales continue to fall and minivan sales have only been growing slightly, SUVs continue to be the major driver for sales growth in the Chinese automotive market.The Great Wall Haval H6 was the best-selling Chinese SUV from January to April, followed by the SAIC-GM-Wuling Baojun 560, GAC Trumpchi GS4,VW Tiguan, Changan CS75, Buick Envision, JAC Refine S3, Changan CS35, Honda CR-V and Brilliance Zhonghua V3. Seven of those models were made by domestic own brand manufacturers.
Jun. 13 , 2016Gasgoo.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) - 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) - As new energy vehicles continue to increase in popularity in China, more and more buyers are starting to make the jump over to electric or hybrid models. According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), a total of 46,138 new energy vehicles were sold in the first quarter of this year, up 141.8% from the 19,085 vehicles sold over the first quarter of the previous year. However, compared to new energy automobile sales from the fourth quarter of last year, sales this year have actually decreased by quite a bit. When asked about the changes in sales volumes between last year and this year, CPCA Secretary General Cui Dongshu explained that since the beginning of last year saw major changes to relevent government policies and eligibilities for new energy vehicle subsidies, it has taken a while for the market to pick up.
May 19 , 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 , 2016