Gasgoo.com (Shanghai) - With the number of new automobile models continuing to grow, China’s consumers have an increasingly wider selection of choices to pick from. As a result, sales have continued to grow. According to statistics compiled by Gasgoo.com (Chinese), a total of 1.57 million passenger automobiles were sold domestically in April. That figure represents positive year-on-year sales growth of 5.7%, slightly less than growth rates of the previous three months.
Jun. 15 , 2015Gasgoo.com (Shanghai) - The compact SUV market in China continues to maintain strong growth in 2015. According to statistics from Gasgoo.com (Chinese), a total of 139,300 compact SUVs were sold in China in April. That figure was 185.9% higher than the 48,700 compact SUVs sold the previous April. That growth rate is not only the highest in the SUV segment, it is also far above the average market growth rate of 171.1%. A total of 555,300 compact SUVs were sold from January to April, 205.9% above the 181,500 compact SUVs sold in the first four months of 2014. Compact SUVs made up 31.6% of all SUVs sold in the country, nearly double the 15.4% proportion they made up last year.
Jun. 12 , 2015Gasgoo.com (Shanghai) - Volkswagen Group has consistently been a top performer in the Chinese passenger automobile market for several years now, with its sales growth rates constantly in the double digits. According to statistics compiled by Gasgoo.com (Chinese), VW has seen its annual sales volumes nearly double from 2010 to 2014 to 3.51 million units, while achieving annual compound growth of 17%.
Jun. 10 , 2015Gasgoo.com (Shanghai) - According to statistics compiled by Gasgoo.com (Chinese), Shanghai Volkswagen once again emerged to rank as April’s best performing automotive enterprise in terms of passenger automobile sales. FAW-VW, Shanghai GM, Beijing Hyundai, SAIC-GM-Wuling, Dongfeng Nissan, Changan Automobile, Changan Ford, Great Wall Motor and Dongfeng Peugeot Citroën.
May 24 , 2015Gasgoo.com (Shanghai) - Growth in the Chinese sedan market has slowed down over the past few years, with sales of midsizes being the major driving force. According to statistics from Gasgoo.com (Chinese), midsizes made up 60.6 percent of the 1.24 million sedans sold over the first two months of the year, up 2.0 percent points from a year ago.
May 16 , 2015Gasgoo.com (Shanghai) - Domestic own brand manufacturers have had a strong start this year, with their sales performance above the market average. According to statistics from Gasgoo.com (Chinese), a total of 1.28 million own brand passenger automobiles have been sold over the first two months of the year. That figure represents year-on-year growth of 30.2 percent, far above the market average growth rate of 11.2 percent. Own brands currently control a 39.4 percent stake in the market, up 5.8 percent from a year ago.
Apr. 19 , 2015