Gasgoo.com (Shanghai) - With the advent of the Chinese New Year, most automobile manufacturers in the country have taken the initiative to announce their new targets for 2015. Most of the announced targets are fairly optimistic, hovering around the ten percent rate, much better than a lot of the foreign forecasts for the market’s growth this year. Worth noting is that many local own brand manufacturers have decided to take the lead this year, announcing very ambitious sales targets for 2015.
Mar. 26 , 2015Gasgoo.com (Shanghai) - Japanese brands’ automobile sales in China have continued to fall, with year-on-year sales growth rates dipping into the red in July, September and November. According to statistics from Gasgoo.com (Chinese), Japanese brand automobile sales in November totaled 292,800 units, down 9.2 percent from a year ago. However, many analysts point out that Japanese brand sales in November 2013 were very high, totaling 322,700 units.
Jan. 26 , 2015Gasgoo.com (Shanghai) - According to statistics collected by Gasgoo.com (Chinese), domestic own brand manufacturer’s share of the Chinese passenger automobile market increased again in November. Domestic brand passenger automobile sales in November totaled 642,900 vehicles, representing year-on-year growth of 13.8 percent, 8.2 percent above the market average. Own brands dominate a 37.8 percent stake in the domestic passenger automobile market, up 1.8 percent from a year ago.
Jan. 12 , 2015Gasgoo.com (Shanghai) - According to statistics from Gasgoo.com (Chinese), the market share of foreign brand passenger automobiles fell 1.8 percent points in November. Foreign brand passenger automobile sales in November totaled 1.06 million units, up 5.1 percent from the previous year. That growth rate is below the average monthly growth rate of 8.2 percent.
Dec. 30 , 2014