Gasgoo.com (Shanghai) - According to statistics from Gasgoo.com (Chinese), a total of 631,295 SUVs sold in China in October, representing year-on-year growth of 62.2%. Among them 59.0% of these sales were of compact SUVs, totaling 372,330 units.
Dec. 15 , 2015Gasgoo.com (Shanghai) - As a fairly unpopular segment in the Chinese market, minivan sales in the country have been unable to match sedans and SUVs. However, there has been a slight uptake as of late, as Chinese households have been gradually becoming more interested in purchasing minivans. According to statistics from Gasgoo.com (Chinese), minivan sales have managed to maintain steadily increasing year-on-year sales growth rates since 2010.
Dec. 13 , 2015Gasgoo.com (Shanghai) - Despite a slight leveling off of new sedan sales in China, due mainly to recently unveiled tax policies, the midsize segment in the country continued to see its sales decrease in October.
Dec. 10 , 2015Gasgoo.com (Shanghai) - The Chinese automotive market has seen previously high growth rates fall in 2015, with negative growth being reported in certain months. However, on the whole the market still managed to achieve positive year-on-year growth over the first three quarters of the year. The majority of domestic own brand automotive manufacturing enterprises have achieved positive year-on-year growth over the first three quarters of the year, with BYD seeing its net profits over quintuple from the previous year. At the other end of the spectrum, FAW Xiali saw its net deficit decrease even further.
Nov. 20 , 2015Gasgoo.com (Shanghai) - The year 2015 is nearing an end as the third quarter finishes up. According to statistics from Gasgoo.com (Chinese), a total of 1.38 million new passenger automobiles were sold over the first three quarters of the year, representing year-on-year growth of 5.2%.
Nov. 13 , 2015Gasgoo.com (Shanghai) - The Chinese sedan market as a whole has suffered negative growth over the past few years. The always competitive compact car segment has not been able to escape this market trend. According to statistics from Gasgoo.com (Chinese), a total of 4.93 million compact sedans were sold in the country over the first three quarters of the year. That figure is 7.2% lower than the over 5.3 million sold over the first three quarters of 2014. Compact sedans made up for 35.7% of all passenger automobiles sold over the first three quarters of the year, down 4.7 percent points from a year ago. This decline is due to increasingly diversifying consumer preferences, with many buyers of second vehicles choosing to purchase SUVs.
Nov. 10 , 2015