Gasgoo.com (Shanghai) - The Chinese luxury automobile market is continuing to grow at a rapid pace in October, with its year-on-year sales growth rate well above the market average. The top three manufacturers, Audi, BMW and Mercedes-Benz, have maintained the steady sales growth from the first three quarters of the year. However, sales growth rates for a lot of second-tier luxury automobile manufacturers have started to slip, with Jaguar Land Rover’s sales growth now in the single digits. Although sales of Infiniti and Cadillac are continuing to grow, their growth rates are not nearly as high as they were over the past few months.

Gasgoo.com (Shanghai) - Following a nine month decline in sales growth, own brand manufacturers began to recover in October of this year. October marks the second month this year that own brands’ share in the market increased. SAIC-GM-Wuling and Changan Automobile’s exceptional sales performances helped push the own brand market, while sales of several other key own brands also recovered.

Gasgoo.com (Shanghai) - Time is fleeting, with 2014 already nearing its end. Looking back at the last three quarters of the year, the domestic passenger automobile market has been growing steadily, with a total of 13.13 million automobiles sold, representing year-on-year growth of 13.2 percent. Most passenger automobile manufacturers posted strong growth rates, however at the same quite a few manufacturers that risk falling short of their annual targets for 2014.