Gasgoo.com (Shanghai) - According to statistics from Gasgoo.com (Chinese), almost 14.51 million passenger automobiles were sold from January to October in China, making the country the largest passenger automobile market in the world. The figure is 5.8% higher than the 13.71 million passenger automobiles sold in the country from January to October of 2014.
Dec. 20 , 2015Gasgoo.com (Shanghai) - Following the implementation of new tax policies, Chinese passenger automobile sales have achieved notable year-on-year sales growth of 15.4% in October. This growth is in large part due to the performance of the SUV segment, which grew over 60%. According to Gasgoo.com (Chinese) statistics, 631,295 SUVs were sold in the month of October, up 63.2% from the previous year. Over 4.79 million SUVs have been sold in the country from January to October, representing year-on-year growth of 50.4%. By comparison, minivan sales only grew 7% over the same time period, while sedan sales actually fell 0.4%.
Dec. 15 , 2015Gasgoo.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) - In its latest announcement, German luxury automaker Porsche stated that it sold 191,800 vehicles from January to October. The figure is 18.2% higher than the amount sold over the first ten months of 2014. Porsche’s sales in the Chinese market have also increased year-on-year.
Nov. 30 , 2015Gasgoo.com (Shanghai) - As the profitable months of September and October roll around, the Chinese passenger automobile market has begun to show signs of recovery, with sales growth rates increasing in the latter month. According to statistics compiled by Gasgoo.com (Chinese), a total of 1.88 million passenger automobiles were sold in China this October, up 14.9% from the amount sold in October of 2014.
Nov. 24 , 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 , 2015