Gasgoo.com (Shanghai) - One trend evident in recent years is the decline of Korean manufacturers in the SUV market. Only one Korean SUV model, Beijing Hyundai’s New Tucson, managed to sell over 10,000 units in April, as shown by China Passenger Car Association statistics compiled by Gasgoo.com (Chinese). Other Korean SUVs, including the ix25, KX5, Sportage-R, ix35 and KX3, were far outside of the top 20 best-selling SUV models of the month.
Jun. 16 , 2016Gasgoo.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 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) - 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 , 2016