Gasgoo.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 , 2016Gasgoo.com (Shanghai) - Benefiting greatly from the popularity of SUVs, own brand manufacturers have seen their sales grow rapidly in the first quarter of 2016. According to statistics compiled by Gasgoo.com (Chinese), own brand passenger automobile sales grew 17.1%, compared to a market average of 8.9% growth. A total of 2.32 million own brand passenger automobiles were sold, resulting in own brands increasing their market share to 42.5%, up 3.0 percentage points from the previous year. By comparison, sales of passenger automobiles from foreign-affiliated joint ventures only increased 3.5% year-on-year.
Apr. 28 , 2016Gasgoo.com (Shanghai) - The Chinese sedan market contracted again in January. According to statistics from Gasgoo.com (Chinese), a total of 1.11 million sedans were sold in the country over the course of the month, down 9.1% year-on-year. Sedans accounted for 56.1% of all passenger automobiles sold in January, compared to 62.9% from the previous January.
Mar. 11 , 2016Gasgoo.com (Shanghai) - According to statistics compiled by Gasgoo.com (Chinese), a total of 2.17 million passenger automobiles were sold in China in the month of January. While that figure represents year-on-year growth of 12.0%, it is 8.5% less than the total amount sold in the previous month of December 2015.
Mar. 7 , 2016Gasgoo.com (Shanghai) - 2015 marked the second year Changan Automobile ranked as the best-performing domestic own brand passenger automobile manufacturer, leading its competitors by a large margin. However, despite the over 30% year-on-year sales growth that Changan achieved that year, the manufacturer’s performance in January of this year failed to meet that same level. According to statistics compiled by Gasgoo.com (Chinese), Changan sold over 10,000 passenger automobiles in January. Despite that performance, sales of most of its models fell year-on-year.
Feb. 25 , 2016